Selling a Car in Oklahoma
When you’re selling a vehicle in Oklahoma, there are some requirements that you have to meet. We’ve collected the appropriate information here regarding these requirements so you can get ready to have an easy vehicle sale in the state.
1. Title Information
In Oklahoma, you can only sell a vehicle if you have full ownership of it. In other words, any “lien” (loan) on the vehicle must be paid off before you can sell the vehicle. If you have paid off a lien, double-check your title to make certain that the lien has been released. If not, have the lienholder submit a lien release to the state. You will not be able to sell the vehicle until the lien release has been accepted by Oklahoma.
You should also make certain that you have the actual title. If you cannot find the title, you’ll need to request a replacement title from the Oklahoma Motor Vehicle Division (MVD) offices. You will need the physical title so that you can fill out the necessary information for the buyer as proof of the transfer of the vehicle. Both your signature and the buyer’s signature will be necessary.
2. Bill of Sale Requirements
Oklahoma requires a Bill of Sale for any vehicle sale. Make sure the Bill of Sale includes these elements:
- The new owner’s name
- The full address of the new owner, which cannot be a P.O. box
- The seller’s name
- The full address of the seller, which cannot be a P.O. box
- The date of the sale
- The sale price
- A full and detailed vehicle description, including the vehicle’s make, model, year, series number (if applicable) and body type (2-door, 4-door, sedan, etc.), as well as the vehicle identification number (VIN)
- The vehicle odometer reading at the time of sale
- The signature of the seller
- The signature of the buyer
You will also need to submit the Notice of Transfer of Ownership of a Vehicle form in order to avoid liability issues from whatever the buyer does with the vehicle.
Oklahoma has no required inspection or emission testing for vehicles, so you have no responsibility to get any inspection or tests done before you sell your vehicle.
4. License Plates
In Oklahoma, when you sell a vehicle, the license plates stay with you and not with the vehicle Transferring the plates is entirely legal within the state and is possible as long as the new vehicle is registered in the same name as the plates. If you are not going to transfer the plates to a new vehicle, make sure you return them to a MVD office before you cancel your insurance or you could face unintended fines or liability for the vehicle after you’ve sold it.
5. Odometer Disclosure Requirements
Oklahoma requires you to formally disclose the vehicle odometer reading when you sell a vehicle that is 10 years old or newer. Completing the odometer section on the title fulfills this requirement. You can also use a special form provided by the state if you would prefer.
6. Other Information
If you have questions or want more details regarding anything having to do with vehicle selling, check out the Oklahoma Motor Vehicle Division website.