Oklahoma Independent Automobile Dealers Association

Serving Oklahoma Independent Dealers Since 1955

All rights reserved © 2014 ADR of OklahomaTM


Board of Directors

John T. Longacre, IV, President

Chris Goad, Chairman

Chris Codding, Sec-Treasurer

Julian Codding

David McQuerry

Monte Shockley

Ryan Derr

Monte Freeman


Executive Directors

Rose and Odell Morgan

OIADA Office

813 NW 34, Moore OK 73160

405.232.2947

800.346.4232

877.804.3449 (fax)

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08/12/2014 Highlights

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“Thank you!” to all the dealers who contacted their legislators
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DAAOKC

Open Safety Recalls  - Independent dealers have three primary choices when faced with selling a vehicle subject to an open safety recall. Points to consider when establishing dealership policy are here.

Title Assignment Date  - The Motor Vehicle Division of the Oklahoma Tax Commission issued a reminder that the certificate of title assignment date is the date of ownership transfer, not the date the title is completed or entered into the OTC system. Here is more info on Completion of the Certificate of Title.

Contracting With Minors  - Dealers frequently ask about procedures for selling a car to a minor. John Maile, Executive Director of the UMV&PC, has prepared a discussion of best practices for contracting with minors.

Model Year Changeover - July 1 is the established date that 2014 models become eligible for used dealer excise tax exemption. However, model year exceptions may apply. Here is more on excise tax exemptions.

Title 42 Reform - OIADA’s Senate Bill 582, Possessory Lien Reform, legislation becomes effective November 1, 2014. Get the details…

Post the Buyers Guide - UMV&PC investigators are now auditing for display of the FTC As-Is Buyers Guide in all vehicles offered for sale. Federal law allows penalties up to $16,000 per vehicle for non-compliance. More on compliance…


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