How long does it take to get the vehicle title after paying off the car loan?
2 Answers
The time to retrieve the vehicle title after paying off the car loan is generally around 10 working days. The process for retrieving the title of a financed vehicle: 1. Contact the car loan bank: The owner first contacts the bank or auto finance company that handled the car loan to inform them about completing the loan repayment procedure. Subsequently, the owner will receive five types of documents from the bank or auto finance company: the vehicle registration certificate, loan payoff statement, vehicle purchase invoice, purchase tax invoice, and the loan institution's organization certificate. 2. Submit the application: After obtaining the relevant documents, the owner should go to the local vehicle management office and apply at the relevant service window for releasing the vehicle's mortgage. The documents required include: the owner's valid ID card, the motor vehicle registration certificate (i.e., the title), and the loan payoff statement from the bank or auto finance company. 3. Complete the release procedure: After completing the vehicle mortgage release procedure at the vehicle management office, the motor vehicle registration certificate will be retained by the owner.
I can share my personal experience on this topic. I remember the excitement of expecting to get the green book after paying off the car loan. The bank needs some time to process: they have to confirm the repayment is correct and remove the mortgage record, usually this stage takes 1 to 2 weeks, and can be done in just a week if things go smoothly. Then the documents are transferred to the DMV to update the information, and mailing might take a few extra days. In my case, I waited for 10 days without any news, so I proactively called to inquire and found out the mailing address was missing a house number. After correcting it, the book arrived on the 12th day. I recommend keeping your contact information accessible, double-checking the address to avoid errors, and being patient, especially during peak periods like the end of the year when things might slow down. Some people wait longer, but it's normal to receive it within 2-3 weeks.
