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. An auto loan payoff letter is just a way to prove that you have paid in full for a car.If you are selling your vehicle, often the buyer will ask to. A payoff statement is a document that shows how much money a borrower must submit to fully pay off a loan. In some states, getting your title is an automatic process after you pay off your loan. A 10-day payoff statement is a document from your lender that gives us the payoff amount to purchase your vehicle, including 10 days worth of interest. Don't be afraid to request an auto loan payoff quote. Customer: I had an auto loan with Harris NA in 2008-2009. I got a letter from Harris NA indicating that I had indeed paid off the loan. If you are looking to payoff your vehicle, there is a sample letter form that you can use as a guide.