Question

How to calculate car sales tax in Oklahoma?

To calculate Oklahoma sales tax, multiply the final buying price of your car by 0.045. Meanwhile, the calculation for secondhand cars is different. You'll need to subtract $1,500 from the car's buying price and multiply the remaining cost by $0.045. Finally, add the result with $20 to know your exact cost.

Calculating Oklahoma sales tax on new cars is simple. To calculate your total tax cost, multiply the final buying price of your car by 0.045.

However, when buying a secondhand car, things can be a bit confusing. Do the following to calculate the tax.

• Subtract $1,500 from the car’s buying price.
• Then multiply the remaining cost by 0.045.

Finally, add the result with $20 to know your exact cost.

Who is exempt from vehicle sales tax in Oklahoma? 

Most car sales in the state are entitled to sales tax. However, disabled veterans and their surviving spouses get a full or partial exemption from car sales tax. 

What is excise tax in Oklahoma?  

In Oklahoma, when you buy or bring a vehicle from out of state, you must pay an excise tax. This is a required fee for transferring ownership of any vehicle, whether it’s new or used. The excise tax is different from the regular state sales tax. You pay it when you title and register your vehicle.