First of all, after the loan is paid off, the borrower needs to go to the lending institution to apply for the loan settlement certificate with his personal identity certificate and relevant loan contract.

Second, after the borrower has completed the loan settlement certificate, he will cancel the automobile mortgage registration at the local vehicle management office with this certificate and other relevant certificates. Specifically, it includes the Application Form for Motor Vehicle Mortgage Registration/Pledge, the original and photocopy of the identity certificates of the motor vehicle owner and mortgagee, the motor vehicle registration certificate, and the relevant documents of mediation, ruling and judgment of the people's court to cancel the mortgage. With the above materials and the loan contract signed with the lending institution, you can go to the vehicle management office to cancel the mortgage registration.

Third, finally, the staff will handle the relevant cancellation procedures, so that the borrower can get back the relevant documents of his motor vehicle. How to go through the formalities after paying off the car loan? After the general car loan is paid off, you need to go through the formalities of canceling the mortgage. Only when the car is actually transferred to its own name can an individual own the ownership of the car. After paying off the car loan, the borrower must go to the vehicle management office to cancel the mortgage registration and get back the car property certificate, so that the car really belongs to him.

1. 1. Loan to buy a car refers to a way to buy a car by borrowing a car consumption loan from a bank. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers.

2. Buying a car refers to the loan issued by the lender to the borrower who applies for buying a car. In fact, it is to borrow money from financial institutions to buy a car. However, financial institutions require car buyers to pay a certain percentage of down payment and provide proof of repayment ability. They have no bad credit record and must meet the requirements of financial institutions before they can apply for a loan to buy a car.

3. At present, most 4S stores have cooperation agreements with banks, which are guaranteed by 4S stores or third-party companies to help consumers borrow money from banks. Different 4S stores choose different banks.

Two, for the cancellation of mortgage registration procedures, you must prepare the following information:

1. Valid identification documents of the borrower, the applicant and the vehicle owner;

2. The loan contract signed with the bank;

3. Loan repayment card;

4. Original motor vehicle registration certificate.