DealerCAP is a comprehensive solution that helps dealers
sell cars and keep them sold. Paperwork is one of the
biggest areas of concern for dealers, and in today’s ever
changing marketplace your paperwork needs can become
more complex.
DealerCAP provides a comprehensive document management system that can help improve profitability by
reducing the number of kicked-car deals, increasing customer satisfaction, and creating more profit
opportunities.
Let us help you stream line your document process so you
can effectively sell, finance and close every car deal.
DealerCAP offers many different forms that are used during the sales
process. Some of the forms available are:
Customer Proposal
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Captures important customer
information the dealership will need to
complete a transaction.
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Helps determine the customer’s
transportation needs.
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Provides a framework for negotiating
with the customer.
Trade-In Vehicle Appraisal
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Captures information about the vehicle
and its history.
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Detects potential problems with the
vehicle enabling it to be property
evaluated.
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Designed to ensure that information is
available to represent the vehicle for sale.
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Provides F&I product up sell
opportunities and helps defend payment
packing claims.
Test Drive Agreement
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Obtains important customer information,
including insurance coverage.
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Protects dealerships’ interest in the vehicle.
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States the consumer’s obligations, including compliance with applicable law.
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States when the vehicle must be returned.
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Limits who may drive the vehicle.
Privacy Policy
- Enables Dealership to accurately disclose
business practices.
- Lists the types of information
collected/shared with specific examples.
- Lists the types of third parties receiving the information, with specific examples.
- Discusses how the Dealership protects the confidentiality and security of information.
- Contains the opt-out of information sharing
not otherwise permitted law, if required.
- (More....)
FTC Used Car Buyers Guide
- Required to be posted on all used motor vehicles prior to them being
displayed or offered for sale.
- Contains wording, type style, size and format, and is printed with 100%
black ink on white paper of a size at least 11 x 7 ¼ inches, as specified in
the Rule.
- Contains Signature line with required disclosure.
Retail Purchase Agreement
- Contains complete vehicle description.
- Provides the ability to integrate all material
understandings/documents.
- States Dealership and customer obligations, rights & remedies.
- Covers warranty statement & disclosure related
issues.
- Integrates FTC Buyers Guide information.
- Includes individual State information and disclaimers.
Retail Lease Agreement
- Retail Lease Agreement is to a lease
transaction as the Retail Purchase
agreement is to a purchase agreement.
- Same issues apply here as the Retail
Purchase Agreement, except the form is
specifically designed for a lease transaction.
Used Vehicle Limited Warranty
- Enables the Dealership to sell a vehicle with a “Limited”
Warranty.
- Discloses the following required information clearly and
conspicuously, using a simple and readily understood
language:
Who can enforce the warranty.
What is covered by the warranty.
What the warrantor will do if there is a defect.
Time period of the warranty duration.
Explanation of how to obtain warranty repairs.
Listing of any customer obligations.
Any limitation on implied warranties.
Exclusion/limitation of consequential damages.
Purchaser’s legal rights.
Spot Delivery Agreements
- Covers both sale and lease transactions.
- Provides flexibility for both traditional and
sub-prime financed transactions.
- Is integrated into the Retail Purchase
Agreement.
- Specifies the time period the dealership has to obtain final financing approval and the
customer’s obligations if it is unable to do so.
- Requires customer to have a valid driver’s
license and insurance coverage.
- Requires customer to operate the vehicle in
accordance with the law.
Authorization to Release Payoff Information
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Ability to obtain non-public personal information.
- Documents lien holder information
- Documents quoted payoff
- Describes obligations concerning payoff accuracy
- Authorizes release of Title to Dealership.
F&I Product Purchase Confirmation
- Confirms the purchase of products is optional
and not required for financing.
- Notifies the customer that the purchase may be subject to 3rd party approval.
- Confirms the customer had an opportunity to
review product documents.
- Confirms the customer understands what they
are purchasing and that all questions were
answered.
Insurance Coverage Acknowledgement
- Confirms Customer’s obligation to maintain insurance coverage.
- Sets forth the minimum coverage requirements and allowable deductibles.
- Reinforces existing rights and obligations of the parties.
Delivery Confirmation (English & Spanish)
- Records any items still owed to the customer.
- Substantiates nothing else was promised.
- Is properly integrated into the Retail
Purchase Agreement.
- Confirms consumer had an opportunity to
inspect the vehicle and found it free from
reasonably discoverable defects.
- Verifies consumer is satisfied with the
vehicle and understands the transaction.
Interpreter Acknowledgement Form
- Provides a documented record an
interpreter was present to explain
the transaction.
Deal Jacket
- Provides for easy storage of documents.
- Assists dealership personnel in ensuring that
the transaction is completed properly.
- Captures information, which can help the
dealership establish a bona fide error defense
to consumer claims.
- Provides dealership personnel with quick
access to vital information about the vehicle
and customer.
Goodwill Repair Acknowledgement
- Enables the dealership to perform a
“goodwill repair” without creating a warranty
on the vehicle by:
Disclosing the “goodwill” nature of
the repair to the customer.
Recording the customer’s
understanding that a warranty is not
being created.
Deposit Receipt
- Enables the Dealership to accept a deposit and
provide a dated receipt containing the following information.
Vehicle Description (year, make, model &
vin)
Cash selling price.
Time period the option to purchase is
binding.
Whether the deposit is refundable and under
what conditions.
Notice To Co-Signer
- Confirms the individual agreed to act as
a co-signer.
- Discloses the obligations they are
undertaking by agreeing to act as a cosigner.
Customer Delivery Checklist
- Reinforces the Delivery Confirmation.
- Confirms existing rights and/or responsibilities of the parties.
- Confirms the consumer is satisfied with the
vehicle and understands the transaction.
- Provides information about the products and
services offered by the Dealership.
Service Loaner Agreement
- States the customer’s obligations such as
responsibility for damage, when the vehicle
must be returned, who may drive the vehicle
and requires compliance with the law.
- In short, this is the customer’s authority to
operate the vehicle.
- Test Drive or Demonstration Agreements
should not be used for service loaner.
Arbitration Agreements
Enforceability depends upon the jurisdiction you
are located in and how the Agreement is drafted.
Factors to be considered include:
- One-Sided provisions.
- Excessive costs for the consumer.
- Which parties and claims are covered.
- Rules for the Arbitration proceeding.
- Notice regarding right to file suit.
Get your dealership on the road to success today!