Edit, sign, and share vehicle payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free.Edu for a Payoff Request. A payoff statement is a document that shows how much money a borrower must submit to fully pay off a loan. Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan. 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. Important information about transferring the vehicle's title to your name and placing PNC's lien on the title. You may need to complete additional worksheets. Access the documents you need to get things done. New Ford Escape at Pacifico Ford.