Got this from the site at http://www.oktax.state.ok.us/excise.html It does state that vehicle condition is not relevant, they take an average valuation without considering condition. Having said that, this blurb is basically what we've been discussing. I know Arizona used NADA values, OK doesn't say *where* they get their values from (what source or sources).
Standard vehicle excise tax is assessed as follows: New Vehicle: 3.25% of the purchase price (or taxable value, if different) Used Vehicle: $20.00 on the 1st $1250.00 of value + 3.25% of the remainder* * Effective July 1, 2002, the excise tax will be assessed at $20.00 on the 1st $1500.00 of value + 3.25% of the remainder) So, using my soon to be purchased 300E, I key in the zip code for Sand Springs, the vehicle type, make, year, model and trim, and, voila! NADA says that the value of my used car is $3775.00 "average retail". Going by the formula above, (hey, it's 6 A.M., I'm drinking some coffee, and the most exciting thing I'll probably be doing today is playing frisbee with one of the dogs...) we get $20 on the first $1500 (leaving a balance of $2275.) which we then tax at 3.25% = $73.94 for a total of $93.74. If that's what they use for their value. If not, well, back to square one, I guess. More later, and everyone have a great day~ Tom SS, OK -- No virus found in this outgoing message. Checked by AVG Anti-Virus. Version: 7.0.338 / Virus Database: 267.13.12/193 - Release Date: 12/06/2005
