National Independent Automobile Dealers Association
Serving Quality Independent Automobile Dealers Since 1946

Dealer Bond And Licensing Information » Oklahoma

Bonds

$15,000 bond on used car dealer,
$25,000 on wholesale dealers, and
$30,000 on manufactured home dealers.

Dealer License

New: Must be franchised, licensed with the Motor Vehicle Commission, have a shop for working on vehicles, and a used car outlet. Salesmen must be licensed.

Dealer License Fees:

$300.00 initial application
$200.00 annual renewal

Used, Wholesale, Salvage and New/Used Manufactured Home Dealers: Must be licensed with the Used Motor Vehicle and Parts Commission.

Dealer License Fees:

$200.00 initial application
$100.00 annual renewal

Used dealers and New/Used Manufactured home dealers must have a building, lot, sign and lavatory facilities. Salvage dealers must have a telephone, lot and sign. Vehicles must be out-of-site (fenced). Wholesale dealers must have an office where records are kept.

Watercraft Dealers: Must be licensed with the Oklahoma Tax Commission.

Fee:

$200.00 plus $10.00 per dealer franchise agreeĀ­ment
Renewal - $100.00 plus $10.00 per each dealer franchise agreement.

New/Used Trailer Dealers: Must be licensed with the Oklahoma Tax Commission.

Fee: $15.00 (includes one dealer license plate) for each type of dealer

Contact the Oklahoma Independent Automobile Dealers Association for additional information.