Check out our loan payoff template selection for the very best in unique or custom, handmade pieces from our templates shops. 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. Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan. An auto loan payoff quote, sometimes called a 10day payoff, states how much you need to pay off the loan balance. Check out our car loan template selection for the very best in unique or custom, handmade pieces from our templates shops. How to fill out the Payoff Request Letter Templates? Texas Bay has auto loans designed to put you in the driver's seat. Phone: (832) 604-4848. • security Agreement or ucc Financing Statement (Form UCCl) .