The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union. Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan.Required for vehicle payoff request only. A Vehicle Auto Loan Payoff Letter Sample document outlines the total amount you need to pay to completely pay off your auto loan, including any remaining. Fill Out Application. You must fill out the Application for Vehicle Transaction(s) (VSD 190). If you know you're not going to be able to keep up with your loan payments, you might be better off selling the car yourself and paying off the debt. Apply for an auto loan refinance your vehicle. Questions? Our team has decades of experience and strives to provide the best personal finance coverage for everyone. Leadership.