What procedures need to be completed after paying off the car loan?

[VanJeremiah]

Below are the procedures that need to be completed after paying off the car loan: 1. Present your loan settlement certificate at the lending bank or financial institution to retrieve the vehicle registration certificate; confirm whether the loan has been fully paid off. If confirmed, you can then bring your ID card, driver's license, and repayment details to the 4S dealership to retrieve your vehicle registration certificate. 2. Go to the vehicle management office to remove the car's mortgage registration status; to do this, you will need to bring the vehicle registration certificate, the loan settlement certificate issued by the lending institution, the organization code of the lender, the application form for the mortgage change, a power of attorney, the ID card of the vehicle owner, and other required materials to complete the mortgage release procedures. 3. Change the primary beneficiary of the car insurance; generally, when buying a car with a loan, the primary beneficiary of the car insurance is the lending institution. After paying off the loan, the primary beneficiary should be changed to yourself as soon as possible. 4. Remove the GPS device.