What if the car loan is paid off? Is this car yours?

Four things you must do after paying off the car loan, the car is yours. As a means of transportation, cars are not rare in the past ~ Now you can see all kinds of brands of cars all over the street, and even your friends and yourself have started to own cars ~ But in fact, few people will choose to pay back the car money at one time, and more than 80% will choose to borrow money to buy a car. 1. What is a loan to buy a car?

When a loan is made to a bank or loan company, after a few percent of the down payment, the rest is used as a loan, and the loan must be repaid on schedule. If I borrow money to buy a car, do I have a green copy of that car?

Some 4s shops can get the Green Paper directly by borrowing money to buy a car, but they still need to repay the loan on time, otherwise there will be legal liabilities. There are also used cars or loans directly from banks or loan companies, and the Green Paper is generally in banks or loan companies. Third, after the car loan is paid off, 4s will not give the Green Paper. What should I do if I don't give the green paper after paying off the car loan?

It is a legal right to get a motor vehicle registration certificate after paying off the loan. Generally, if it is detained, it will only appear on the owner of the loan company or car dealer's financial loan. Secondly, if the 4s shop asks for a fee to decompress, you must ask where the fee comes from and how to calculate it. If you encounter a 4s shop with exorbitant prices, I suggest you call the police uncle. Then, when you pay off the loan, your car will be completely yours.

Go to the loan bank/company → get back the mortgage documents. Be sure to reconfirm whether you have paid off all the loans. Go to the bank/loan company → get back the vehicle registration certificate (commonly known as the "Great Green Paper"). The Great Green Paper is an important identification of the owner, so it must be taken back for safekeeping. Go to the vehicle management office → apply for cancellation of the vehicle mortgage relationship. Prove that the vehicle belongs to you and has nothing to do with the bank from now on. Find an insurance company to change the beneficiary. During the mortgage period, the beneficiary is the bank/loan company, so it is necessary to change the beneficiary after the loan is paid off. 5. If you buy a car with a loan, please pay attention. After paying off the loan, you must do the above four points, and you are the god of car!