1, motor vehicle registration certificate.
This certificate, also known as the green book, is usually kept in the hands of the lending institution, so after the settlement of the car loan, you need to contact the institution that applied for the car loan in the first place and ask them to confirm the status of the loan settlement as soon as possible to retrieve the motor vehicle registration certificate.
2, loan settlement certificate.
There are some areas where the DMV will require proof of loan closure in order to be released, so you can ask the lending institution to issue a certificate after the closure of the car loan, so as not to delay their time later.
3, motor vehicle mortgage registration, pledge filing application form, the original seal of the mortgagee.
4, the motor vehicle owner and the mortgagee's identification.
You can see that the vehicle release needs to prepare quite a lot of things, if missing one may lead to the vehicle release business can not be processed.
Additionally, because there are some differences in the regulations of each regional DMV, you can consult with the DMV and prepare the information in accordance with the requirements of the DMV before you go for the vehicle release business.
Additionally, in the process of removing the vehicle from custody, the following aspects can also be noted.
1, you can only go to the DMV where the vehicle is registered.
Vehicles where the registration will only be able to go where the release, can not be different.
2, the vehicle is usually not other costs.
The vehicle is not charged, as long as you bring all the information on the good.
3. You can delegate someone else to do the unloading.
If you are out of town or don't have the time, then you can issue a power of attorney, and the delegate will bring the relevant information to the DMV for the vehicle release procedures, which is a more humane provision.
4, only in the working day for the release.
The DMV is usually closed on weekends and holidays, so you need to be aware of the time.
After the settlement of the car loan, the need for vehicles as soon as possible, if the vehicle is not released in a timely manner, there will still be some risk of property rights, is not conducive to the future of the vehicle transfer or for mortgage.
Just find: small seven letter check, you can one click to check their own online loan big data report, which will have your credit rating score, whether there is a blacklist and other important data.
Expanded Information:
What do I need to do after paying off my car loan?
After paying off the car loan, you first need to go to the offline branch of the handling bank (automobile consumer finance company) to go through the loan closure procedures, apply for a loan closure certificate, and get back the collateralized vehicle registration certificate.
Then you need to take the loan settlement certificate, vehicle registration certificate and ID card, car driving license, driver's license and other information to the local DMV to go through the unencumbered procedures.
You need to be aware that some banks (automobile consumer finance companies) will mail the loan settlement certificate and vehicle registration certificate directly after the loan is paid off, so be patient and wait for the receipt of the vehicle registration certificate, and then go to the DMV to do the release.
After the release of the vehicle from the collateral registration, there is a need to bring the ID card and the purchase contract to the 4S store to find the counter staff to get back the deposit.
Also, you need to go to the insurance company to change the first beneficiary of the car insurance from the car loan bank (auto consumer finance company) to yourself.
All of the above procedures are completed before the real end, and the car is really their own.