1. The process of closing a mortgage car is as follows:

(1) The registration audit post will review the application form for cancellation of motor vehicle mortgage registration, motor vehicle owner's identity certificate and motor vehicle registration certificate submitted by the mortgagor and mortgagee, accept the application for cancellation of mortgage registration if it meets the requirements, keep relevant materials, and issue an acceptance certificate to the current motor vehicle owner;

(2) The license management post shall endorse the motor vehicle registration certificate and hand it over to the mortgagor;

(3) The file management post rechecks, arranges data, binds and files.

2. Legal basis: Article 25 of the Regulations on Motor Vehicle Registration.

If the ownership of a registered motor vehicle is transferred, the owner of the motor vehicle shall apply for transfer registration at the motor vehicle management office within 30 days from the date of delivery of the motor vehicle.

Before applying for transfer registration, the owner of a motor vehicle shall deal with the road traffic safety violations and traffic accidents involving the vehicle.

Second, what materials are needed to release the vehicle mortgage?

At present, automobile mortgage is mainly used for automobile consumption. After the car loan is paid off, you can go to the relevant department to cancel the mortgage and transfer the vehicle to your own name. The specific materials are as follows:

1. motor vehicle mortgage registration/pledge filing application form;

2, the motor vehicle owner and the mortgagee's identity certificate and its copy;

3. Motor vehicle registration certificate;

4. If the mortgage is released through mediation, ruling or judgment of the people's court, the motor vehicle owner or mortgagee shall also submit the effective mediation, ruling or judgment issued by the people's court and the corresponding notice of assistance in execution;

5. If an agent is entrusted, the power of attorney for motor vehicle business, the identity certificate of the agent and its copy shall also be submitted.