What should I do if the monthly car supply is finished? Just look at it.

I don't know if you have noticed that when you have a car loan under your name, it seems to be a step-by-step thing to repay the car loan every month. Suddenly one day, the monthly payment is over, you are not used to it, and you don't know what to do next. So today, let's talk about what to do if the monthly car loan is paid off.

What should I do if the monthly car supply is finished?

After the monthly mortgage is paid off, it is natural to get back the ownership of the vehicle. If there is a mortgage certificate, get back the vehicle registration certificate and cancel the mortgage registration at the vehicle management office.

The specific process is as follows:

1. Bring my ID card, loan contract, etc. , find a loan bank or loan financial institution to get back the mortgage vehicle registration certificate and issue a loan settlement certificate.

2. Bring your ID card, vehicle registration certificate and loan settlement certificate. , and go through the mortgage cancellation registration formalities at the vehicle management office. Fill in the application form first, and then submit the originals and copies of all materials to the acceptance window for processing.

3. After the formalities are completed, the motor vehicle registration certificate will have the words "mortgage cancellation" and "date of mortgage cancellation". At this point, the ownership of the vehicle is entirely their own.

Note that the cancellation of vehicle mortgage registration can only be handled at the vehicle registration place, and the owner is generally required to be present. If you can entrust others, you need to prepare the agent's power of attorney and the original ID card in advance.

In addition, you can check the insurance beneficiary of the loan vehicle. If the first beneficiary is not the owner himself, you need to find an insurance company to handle it. After all, the vehicle has been mortgaged and has nothing to do with the loan bank or loan financial institution.

The above is about "What should I do when the monthly car supply is finished". I hope I can help you.