Oklahoma Bill of Sale — and Form 701-6 Explained

About These Forms

Covers: Oklahoma Bill of Sale — and Form 701-6 Explained

Agency: Service Oklahoma

Purpose: Documents a private vehicle sale in Oklahoma and the actual sale price, which is the statutory basis for the excise tax. Filed with the notarized paper title at Service Oklahoma or a tag agent; for an electronic title, the notarized Form 718 takes the place of the title.

When required: Required as Form 718 for an electronic title; with a paper title, a bill of sale is one accepted proof of price (a purchase contract or Form 722-1 also works). The paper title assignment, or Form 718, must be notarized. Pre-register the sale within 2 business days, then title at Service Oklahoma or a licensed tag agent within two months; the title fee is $11 plus a transfer fee.

Three Oklahoma forms that get mixed up

• Form 701-6 is the Application for Oklahoma Certificate of Title for a Vehicle, Trailer or Manufactured Home. The copy we read is revised 07/2025. It is a title application, not a bill of sale.
• Form 718 is the Bill of Sale of an Electronic Title (SOK 718, 9/2025). It takes the place of the title when the title on record is electronic.
• Form 722-1 is the Declaration of Vehicle Purchase Price. It proves the price when no contract or bill of sale was prepared.

What Form 701-6 asks for

• For a vehicle brought into Oklahoma, the date it entered the state (or, for a new resident, the date their Oklahoma job began).
• The owner's name, address, phone, email, and driver license number (or FEIN for a business), plus any lienholder. If there is a lien, the lienholder holds the title.
• The vehicle: model year, make, body type, identification number, model and color (from a set list), any Oklahoma plate to transfer, and whether you want a paper or electronic title.
• For a vehicle 10 years old or newer: whether it was damaged or recovered from a theft, and the repair cost as a percent of its value.
• A flood damage question for every vehicle, the number of tires by rim size (for the used tire recycling fee), and an inspection of the VIN and odometer signed by the inspector.
• The owner signs under penalty of perjury in front of a notary.

When 701-6 is needed

Service Oklahoma lists Form 701-6 when you apply for an original Oklahoma title, such as for a used vehicle with an out-of-state title. You also bring your license or FEIN, lien papers, proof of insurance, proof of the price (a purchase contract, bill of sale or Form 722-1), and an odometer statement for a 2011 or newer vehicle.

Its list for transferring a vehicle already titled in Oklahoma does not include 701-6. That transfer runs on the notarized title or Form 718, plus the same proof of price, insurance and any lien release.

Form 718 for electronic titles

• It can only be used when the current title on record is electronic. Since July 1, 2025, Oklahoma issues titles electronically, with limited exceptions.
• The seller affirms the state holds an electronic title in their name, then assigns and warrants ownership to the buyer.
• It lists the year, make, model, VIN, title number, electronic title issue date and title type, the buyer, the sale price and date, and any lienholder.
• The seller signs in front of a notary. The form says a private sale also needs a declaration of purchase price (Form 722-1).

What Oklahoma law says the bill of sale shows

Title 68, §2104 says the excise tax is based on the actual sales price. That price, along with the number of tires and their rim sizes, is to be written on the bill of sale the seller gives the buyer, or on a form Service Oklahoma prescribes.

Tax, fees and deadlines

• Excise tax on a used vehicle: $20 on the first $1,500 of value, plus 3.25% of the rest. A new vehicle pays 3.25%. An off-road ATV, utility vehicle or motorcycle pays 4.5% of the price, at least $5.
• Service Oklahoma's online tax calculator uses NADA prices, so treat its result as an estimate.
• The title fee is $11 and the transfer fee is $17.
• Pre-register within two business days, add a metal plate with decals within ten days, and fully register within two months of the sale.

What to Include in an Oklahoma Bill of Sale

A complete bill of sale usually includes:

• Seller name, address
• Buyer name, address
• Year, make, model
• VIN
• Odometer
• Sale price
• Date of sale
• Seller signature (notarized on the title or Form 718)