After automobile mortgage pays off, the main procedure to be handled is to cancel the car mortgage registration at the local vehicle management office. Before canceling the automobile mortgage registration, the applicant needs to prepare relevant materials, such as the applicant's ID card, automobile driving license, registration certificate, bank automobile mortgage contract and automobile mortgage repayment certificate (issued by the bank).

After preparing these materials, you can go to the vehicle management office to cancel the car mortgage registration. Fill in the Application Form for Motor Vehicle Mortgage/Mortgage Cancellation at the local vehicle management office, and then submit the prepared materials to cancel the vehicle mortgage registration.

Bian Xiao reminded everyone that many people think that after paying off automobile mortgage, the car will be their own. In fact, as long as the car mortgage registration is not lifted, the car is not its own. Anyone who wants to sell a car or apply for a loan with a car will be banned. Therefore, after automobile mortgage pays off, I suggest you cancel the car mortgage registration in time.

Second, I bought a car by mortgage, but the mortgage has not been paid back. What if you don't want a car?

If you buy a car by mortgage, you can mortgage it to others if you don't want it, but you must sell it after paying off the loan.

1. Before the car is paid off, the vehicle registration certificate is still in the bank, and you must never sell the car.

If you want to sell the car, you must pay off the remaining loan at one time. You can negotiate with the car buyer, pay a certain percentage of the car money first, pay off the remaining loans, and then conduct car transactions. However, the car buyer pays the rest of the car.

3. You can apply for realizing the car, first find a company to underwrite the car, and then sell it.

Note: when you want to sell the vehicle after paying off the loan, you are not allowed to go through the door. You can't sell the vehicle without going through the door. Moreover, if a major traffic accident occurs, the driver is unable to pay compensation, and the owner must also bear the liability for compensation.

Extended data:

Mortgage auto loan channel:

1, bank loan

Choose a bank loan to buy a car, the loan interest rate is moderate, and there are many kinds of cars to choose from. However, in the process of handling loans, it actually takes time and energy. In order to control risks, banks usually spend a long time reviewing and require applicants to submit a lot of information. If you want to apply and are not afraid of trouble, bank loans are a good choice;

2. credit card installment payment

As we all know, credit cards don't charge interest by installment, which is also the biggest advantage of buying a car by installment. At the same time, credit card installment is convenient and quick, and it can be done with one phone call. Sometimes banks can enjoy certain discounts when they cooperate with car dealership companies.

3. Auto Finance Company

Buying a car with a loan from an auto financing company is not only convenient and fast, but also has a low application threshold. As long as consumers have a certain repayment ability and pay the down payment, they can apply for a loan.