Proof of Trade In and Pay off of Open Auto may be required if you are a single applicant with an existing open auto account financed or joint applications with two outstanding auto accounts. If this is required, we will receive proof you have traded in the vehicle on the new automobile you are purchasing from the dealership where you are purchasing the new car. If you are not trading in that vehicle and have paid it off instead, we will need proof that the account is paid in full or no longer in your name and under your financial responsibility. This is usually satisfied by calling the lien holder.