How Long Does It Take to Get the Green Book After Paying Off the Car Loan?
2 Answers
After paying off the car loan, it usually takes between one week to half a month to receive the Green Book. Subsequently, you need to take the motor vehicle driving certificate to the local vehicle management office to complete the release of mortgage procedures. When going through the release of mortgage procedures, you should bring the following documents provided by the bank: the vehicle registration certificate, loan clearance statement, bank organization code, and power of attorney. The documents required from the vehicle owner include: ID card, vehicle license, driver's license, car purchase invoice, vehicle inspection certificate, and insurance certificate. The Green Book refers to the motor vehicle registration certificate, which is essentially the vehicle's household registration. During the mortgage period, the Green Book is kept by the vehicle management office on behalf of the owner. After the mortgage is released, it is kept by the vehicle owner and does not need to be carried in the vehicle.
I remember when I paid off my car loan, the whole process took about two weeks to get the title. Mainly, the finance company needed to process the release documents—from their confirmation of payoff to issuing the release notice, it usually took 7-10 business days. I recommend proactively calling or using online customer service to follow up on the progress rather than waiting for automatic notifications. Once you receive the lien release, bring your ID and proof of repayment directly to the local DMV to complete the lien removal registration, and you can get the title on the spot. Some people overlook this step, which might cause issues later when selling or transferring the car, as the vehicle ownership isn’t officially confirmed. I suggest checking the details of your auto loan contract before paying it off to understand the specific timeline and document requirements, saving time later. On average, it takes 1-4 weeks, depending on the institution’s efficiency, so timely communication is key to avoiding delays.
