Director Maile advised the Commissioners that staff would continue to perform random
audits on used car dealers through the end of September. The audits would resume
next yer following the renewal season.
Marshall County District Attorney filed charges against a man and woman for allegedly
obtaining money by false pretenses. The couple had failed to comply with a cease
and desist order to stop operating as used car dealers wihtout a license. The DA
will seek full restitution for victims.
Staff conducted 43 audits during August. Dealers who had issued that needed correcting
are being required to attend the dealer eduction class.
Commissioners approved a consent agreement involving two individuals jointly licensed
as dealers and two individuals licensed as salespersons. The agreement alleged that
the salespersons were operating as dealers using the loction and crendentials of
the licensed dealers. The agreement is subject to review by the Attorney General’s
office. If approved, each respondent will be assessed $3,000 in fines and will surrender
their respective licenses.
Commissioners approved a consent agreement assessing $4,000 in fines against a licensed
use dmotor vehicle dealer for allegedly employing unlicensed salespeople.
Several dealerships on Shields Blvd in south Oklahoma City have been robbed in the
last several weeks. In the most recent case, three young men arrived near closing
time. While the dealer was showing a vehicle to two of the men, the third went in
the office. They stole all of the dealer’s titles, keys, cash, and checks.
Rule Violations Hit the Bottom Line - Oklahoma used motor vehicle dealers are finding
that failure to comply with state and federal regulations can have a negative impact
on store profits.
Out-Of-State Reassignment - Licensed Oklahoma motor vehicle dealers are allowed
to reassign other states’ certificates of title, including tribal titles.
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.