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.An auto loan payoff quote, sometimes called a 10day payoff, states how much you need to pay off the loan balance. You start with the company you paid. Pay off your loan and get your title or lien release. Follow these steps to complete your loan payoff. 1. Your account number is provided with the loan details in the welcome letter that you receive in the mail after your new loan is funded. Select "Title Services" from the top menu; Click the "Change Your Name on Title" tile; Fill out the required fields and confirm to submit your request. For refinance loans, you'll need to give us specific vehicle information such as the VIN, exact mileage, lender contact information and payoff amount. Log in Auto Loans to manage your loan account, make payments, and get up-to-date information.