Free Professional Auto Loan Payoff Letter Template
Professional Auto Loan Payoff Letter
Date: September 3, 2050
Carmel Ryan
Baltimore, MD 21201
Dear Carmel Ryan,
We are writing to inform you that your auto loan for the 2022 Honda Accord, VIN: 1HGBH41JXMN109186, has been successfully paid off as of September 3, 2050. Your final payment of $12,500 has been received and processed, and your loan account is now fully settled.
Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan. This statement includes the loan account number and details of the final payment. Additionally, you will receive a lien release document from our office, which you should use to update the vehicle’s title with the Department of Motor Vehicles.
We appreciate your prompt payments and cooperation throughout the term of your loan. If you require any further documentation or have any questions regarding your account, please do not hesitate to contact our customer service department at [Your Email].
Thank you for choosing [Your Company Name] for your auto financing needs. We wish you all the best in your future endeavors.
Sincerely,
[Your Name]
Loan Officer
[Your Company Name]
[Your Email]