Dealer-related Information in Oklahoma
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Are you an automotive dealer in the State of Oklahoma? There are many agencies, groups, and Internet sites to help you establish and develop your automotive sales dealership, whether you sell new or used vehicles.
New Vehicle Dealerships
For new vehicle dealerships, a great place to start your research is the Oklahoma Motor Vehicle Commission. This is the agency that oversees all licensing and regulations pertaining to new motor vehicle sales.
You can download the Oklahoma dealer form packet for starting a new vehicle automotive dealership, the transfer of a dealership, and many other forms pertaining to your automotive dealership at their website.
Used Vehicle Dealerships
If you are selling used motor vehicles, the Oklahoma Used Motor Vehicle & Parts Commission is the agency for you. On its website, you can download forms, and get information on rules and regulations concerning the sales of used motor vehicle. You can also subscribe to their newsletter for regular updates.
The Used Motor Vehicle & Parts Commission also covers the wholesale used motor vehicles industry, and includes:
- Manufactured home dealers.
- Manufactured home manufacturers.
- Manufactured home installers.
The Organized Internet Automobile Dealer's Associates (OIADA) is a group made up of members of the Oklahoma Independent Automobile Dealers Association who are working together to improve and expand their businesses.
The group shares information on legislative updates, designs new forms, publishes a newsletter, and generally keeps its members abreast of new laws, rules, regulations, and requirements as they apply to the used motor vehicle sales industry in Oklahoma.
The dues are $295 per year, and for that you will receive a V.I.P discount card that will entitle you to discounts on vehilce auction fees.
Legislation enacted via the Patriot Act and Presidential Executive Order 13224, requires that any new or used automotive dealer report to the Treasury Department attempted vehicle purchases by any person names on this list. Check the list of Specially Designated Nationals before you have completed the sale of a motor vehicle.
If your customer's name appears on the list, you must call the U.S. Treasury Department Hot Line at (800) 540-6322. The Department will then give you further instructions.