How to go through the formalities of automobile decompression?
First, if the installment payment has been paid off, you can go to the bank where the loan was originally made and take away the formalities of car mortgage ten days later.
Second, to retrieve the car registration certificate, you should bring the owner's ID card, motor vehicle driving license and loan repayment certificate to the car shop where you bought the car at that time.
3. Bring my ID card, motor vehicle registration certificate, loan repayment certificate, motor vehicle mortgage change application form, lender organization code and power of attorney to the local vehicle management office for decompression procedures.
Fourth, change the owner to the first beneficiary of auto insurance. Usually, the first beneficiary of car insurance purchased by loan is the loan unit, and the owner should be changed to the first beneficiary of car insurance after installment payment.