Do I have to drop off my car at the local vehicle management office?

The vehicle mortgage must be lifted at the vehicle management office where the mortgagor originally went through the formalities. Vehicle mortgage loan procedures: After deducting the last month's mortgage payment, you can get back the mortgage procedures at the bank that handles the car installment payment in about 10 working days. To obtain a motor vehicle registration certificate, you must hold an ID card.

Handling process of automobile loan mortgage:

1. Contact the bank, auto financing company or guarantee company that handles the loan. After paying off the vehicle loan, you must first find your own written mortgage contract, consult the contact numbers of banks, auto financing companies or guarantee companies on the contract, and get in touch with them.

2. Go through the settlement procedures and obtain the motor vehicle registration certificate. Generally speaking, within 10 working days after the loan is completed, the lending institution will take the initiative to mail the relevant procedures to the 4s shop and notify the borrower. After the mail arrives, the borrower can go through the relevant formalities with his ID card.

3. Go to the vehicle management office to apply for cancellation of mortgage registration. With the above procedures, the motor vehicle owner can apply to the vehicle management office for cancellation of vehicle loan mortgage registration with the bank agent. (Photo/Text/Photo: Tang Longlong) Wenjie M5 Chuanqi GS8 AION V Macchiato DHT PHEV Latte DHT Gaohe HIX @ 20 19