What is the Deal File and What the Deal Jacket Reveals



http://www.dealerfraud.org/news/2008/05/22/what-is-the-deal-file-and-what-the-deal-jacket-reveals/

When you are buying or leasing a car these days you will have to sign purchase or lease agreements. The car dealer will give you the exact copy of the documents you's8217;ve signed. However, your dealer will probably be completing his own file 's8211; the Deal File, sometimes called the Deal Jacket.

What documents does the dealer keep in the Deal File Most important the Deal File will contain information on the transaction and the profit maid by the dealer. The 's8216;recap sheet's8217; or sales summary, vehicle invoice, credit application, DMV information, repair history, inspections, finance papers, trade-in calculations, different documents relating to after-market items and other internal documents that reflect the transaction and documents of such kind are kept in dealer's8217;s file. Customers don's8217;t get to see most of these documents.

Why is this folder so important for the customer If you suspect any dealer fraud it will probably show up here. Obviously car dealers are in business to make a profit. However, the Deal File can disclose dealer deception and common dealer scams. You can get information about extras and add-on products that have nothing to do with the vehicle itself, including but not limited to, a 's8220;theft protection's8221; product that costs $37 and for which paid hundreds or even thousands more, or a service contract that costs the dealer only $250 and is charged to the buyer at $2,500. An experienced can help you disclose dealer fraud and get your money back.

In a case called Lewis v Robinson Ford Sales, Inc. the 's8220;Deal File's8221; was used as an evidence to certify a class action for violation of the Rees Levering Act. After this action the court wanted to leave the case unpublished, however the customer attorneys offered the California Court of Appeals to publish the case clarifying the use of the Deal File as standard evidential document.



What is the Deal File and What the Deal Jacket Reveals




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