Odometer Disclosure Exemptions

2014

The Oklahoma Tax Commission offers the following guidance concerning exemptions to the odometer disclosure requirement.

Vehicles that are exempt from odometer disclosure include:

1. Vehicles which are not self-propelled, such as travel trailers. Odometer disclosure applies only to motor vehicles.
2. All-terrain vehicles (ATVs), off-road motorcycles (ORMs), utility vehicles (UVs) and low and medium speed electrical vehicles.
3. Transfer of new motor vehicles from dealer to dealer on the MSO.
4. Motor vehicles that are ten (10) years old or older. To make this determination, subtract ten (10) from the calendar year of assignment.

Example: 2014 – 10 = 2004. 2004 models on which ownership is assigned in 2014 (or thereafter) are exempt from odometer disclosure requirements.

5. Motor with a gross vehicle weight rating over 16,000 lbs. Any truck over two tons is exempt.

In addition, Odometer Disclosure Statements are NOT required in the following situations:

1. A title is issued to change an existing owner’s name only, such as marriage. Disclosure statements are required, however, if adding or dropping a name from a title at the same time.
2. Ownership of a vehicle is changed because of an involuntary divestiture (without owner involvement).
• Involuntary divestitures include, but are not limited to, court order, mechanic’s/storage lien, repossession and probation of an estate.
• In such situations, a current odometer reading will be required, unless the vehicle is otherwise exempt (i.e. over 10 years old) by Federal law.
3. Vehicles purchased outside the United States.
4. Transfers between a revocable trust and a trustee of the trust.