oklahoma car sales tax rate

For a used vehicle the excise tax is 20 on the first 1500 and 3 ¼ percent thereafter. Oklahoma collects a 325.

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The Motor Vehicle Excise Tax on a new vehicle sale is 325.

. 2433 as a part of the states budget that will effective July 1 this year impose a 125 percent sales tax on vehicles of all weights. Oklahoma collects a 325 state sales tax rate on the purchase of all vehicles. The high sales tax states are.

The Oklahoma sales tax rate is currently. Advantages of the motor vehicle tax are. 31 rows Oklahoma OK Sales Tax Rates by City Oklahoma OK Sales Tax Rates by City The state sales tax rate in Oklahoma is 4500.

Counties and cities can charge an additional local sales tax of up to 65 for a maximum possible combined sales tax of 11 Oklahoma has 762 special sales tax jurisdictions with local sales taxes in addition to the state sales tax. The annual registration fee for non-commercial vehicles ranges from 15 to 85 depending on the age of the vehicle. There are special tax rates and conditions for used vehicles which we will cover later.

Motor Vehicle CARS - Online Renewal Find a Tag Agent Forms Publications Specialty License Plates Tag Tax Title Fees Unconventional Vehicles Boats Outboard Motors Rules Policies IRP IFTA 100 percent Disabled Veterans Sales Tax Exemption. With local taxes the total sales tax rate is between 4500 and 11500. If used to finance roads and other transportation which is only partly the case in Oklahoma it can match payment for service to the benefit from the service.

This is only an estimate. If the purchase price is too low or high then the Blue Book value will be used. The excise tax for new cars is 325 and for used cars the tax is 2000 for the first 150000 and 325 on the remainder of the sale price.

325 excise tax plus 125 sales tax 45 total for new vehicles. The normal sales tax in Oklahoma is 45 but all new vehicle sales are taxed at a flat 325. However it must be noted that the first 1500 dollars spent on the vehicle would not be taxed in the usual way.

Oklahoma - 325 South Dakota - 4 Virginia - 415 States with High Sales Tax The remaining states have the highest sales tax all 7 or above. The cost for the first 1500 dollars is a flat 20 dollar fee. Select the Oklahoma city from the list of popular cities below to see its current sales tax rate.

The normal sales tax in Oklahoma is 45 but all new vehicle sales are taxed at a flat 325. This method is only as exact as the purchase price of the vehicle. The normal sales tax in Oklahoma is 45 but all new vehicle sales are taxed at a flat 325.

Oklahoma charges two taxes for the purchase of new motor vehicles. How to Calculate Oklahoma Sales Tax on a New Car. Last updated April 2022 View County Sales Tax Rates.

The cost for the first 1500 dollars is a flat 20 dollar fee. 125 sales tax and 325 excise tax for a. However it must be noted that the first 1500 dollars spent on the vehicle would not be taxed in the usual way.

To find the average retail sale price. The Oklahoma state sales tax rate is 45 and the average OK sales tax after local surtaxes is 877. As of July 1 2017 Oklahoma charges a 125 percent sales tax on vehicle purchases in addition to motor vehicle taxes.

If the purchased price falls within 20 of the Blue Book value then the purchase price will be used. Oklahoma Sales Tax on Car Purchases. Combined with the state sales tax the highest sales tax rate in Oklahoma is 115 in the city of Boley.

Oklahoma has recent rate changes Thu Jul 01 2021. The Tulsa Oklahoma sales tax is 450 the same as the Oklahoma state sales tax. However it must be noted that the first 1500 dollars spent on the vehicle would not be taxed in the usual way.

Until 2017 motor vehicles were fully exempt from the sales tax but under HB 2433 the exemption was partially lifted and motor vehicles became subject to a 125 percent sales tax. The normal sales tax in Oklahoma is 45 but all new vehicle sales are taxed at a. 225 lower than the maximum sales tax in OK.

The value of a vehicle is its actual sales price. Use our OkCARS - Sales and Excise Tax Estimator to help determine how much sales and excise tax you will pay on your new purchase. Click here for a larger sales tax map or here for a sales tax table.

California - 725 Indiana - 7 Kansas - 75 Nevada - 825 Rhode Island - 7 Tennessee - 7 Car Sales Tax by State. What is the sales tax in Oklahoma for a vehicle. Oklahoma collects a 325 state sales tax rate on the purchase of all vehicles.

125 sales tax and 325 excise tax for a total 45 tax rate. Typically the tax is determined by the purchase price of the vehicle given that the sale price falls within 20 of the average retail value of the car regardless of condition. Most vehicles all terrain vehicles boats or outboard motors are assessed excise tax on the basis of their purchase price provided that purchase price is within 20 of the average retail value for that speciﬁc model.

The actual excise tax value is based on the Blue Book value as established by the Vehicle Identification Number VIN. Used vehicles are taxed a flat fee of 20 on the first 1500 of the purchase price and the standard. There are a total of 470 local tax jurisdictions across the state collecting an average local tax of 4242.

The Tulsa sales tax rate is. How Much Is the Car Sales Tax in Oklahoma. On May 31 2017 however Oklahoma Governor Fallin approved legislation HB.

For lighter vehicles the excise tax rate is 325 percent as opposed to Oklahomas general sales tax rate of 45 percent. The excise tax is 3 ¼ percent of the value of a new vehicle.

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