After paying off the loan, you need: 1. Change the name of the insurance. When handling a loan, the beneficiary of insurance is usually a 4S store or bank. After paying off the loan, the beneficiary of the insurance will definitely be ourselves. 2. Dismantle GPS positioning. In order to ensure that riders can repay the loan normally during the loan repayment period, the bank will install a GPS locator on the car, mainly to facilitate the acquisition of a better location of the car without contacting the owner. After paying off the loan and successfully delivering the vehicle, in order to ensure personal privacy and safety, it is still necessary to disassemble it in time. 3. Take back the spare key. During the loan period, some institutions will ask the owner to give a spare key as collateral, and they must get it back in time after paying it off. It would be more convenient to have a spare key, which should have been brought back long ago.

Auto loan refers to the loan issued by the lender to the borrower who applies for buying a car, also called auto mortgage.

Object of loan: The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.

Loan conditions: the borrower has a stable job, the ability to repay the principal and interest of the loan, and good credit; Can provide recognized assets as collateral or pledge, or a third person with sufficient compensatory ability as a guarantor to repay the principal and interest of the loan and bear joint liability.