What does Byrider's Chapter 5 specify regarding the maintenance of the deal jacket?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Confidentiality and Non-Disclosure Agreement | A.1a |
|---|---|
| Laws applicable to the retail sales and financing of vehicles | A.2a |
| Addendum to the Byrider Confidential Operating Manual (Ohio operators only) | A.3a |
| Addendum to Byrider Confidential Operating Manual (Kentucky operators only) | A.4a |
| Dealership Daily Duty Roster | A.5a |
| Related Finance Company (CNAC) Worksheet | A.6a |
| Board of Director's Consent Resolution and Exhibit A | A.7a |
| Agreement to Purchase Automobile Contracts | A.8a |
| Financing Services Agreement | A.9a |
| Requirements from the ECOA | A.10a |
| Byrider Franchising Forms Program | A.11a |
| Limited Warranty Coverage (Repairs Covered) | A.12a |
| Maximum Finance Charge Rate worksheet | A.13a |
| Servicemembers Civil Relief Act (SCRA) | A.14a |
| Byrider Deal Jacket Checklist | A.15a |
| CNAC Deal Jacket Checklist | A.16a |
| Collection abbreviations | A.17a |
| Field Call Log | A.18a |
| Skip Sheet | A.19a |
| Legal terms associated with bankruptcy | A.20a |
| Reaffirmation Agreement (October, 2005 Bankruptcy Law) | A.21a |
| Proof of Claim | A.22a |
| CNAC Repossession Checklist | A.23a |
| CNAC Inventory of Personal Items | A.24a |
| Katz, Sapper & Miller letter: Reporting Discharge of Indebtedness Under I.R.C. 6050P | A.25a |
| Customer 1099-C cover letter | A.26a |
| Collection Call Monitoring form | A.27a |
| Predictive Index (PI) Survey | A.28a |
| What can and can't I ask in an interview | A.29a |
| Non-Competition Agreement | A.30a |
| Intentionally left blank | A.31a |
| Byrider/CNAC Anti-Money Laundering Plan | A.32a |
| Byrider/CNAC Whistleblower Policy | A.33a |
| Byrider/CNAC Fair Credit Policy & Acknowledgement | A.34a |
| Byrider/CNAC Red Flag and Identity Theft Program | A.35a |
| Gramm Leach Bliley Act Chief Privacy Officer Guide | A.36a |
| Buyer's Auction Log | A.37a |
| Inventory Log Book | A.38a |
| Byrider Vehicle Categories | A.39a |
| Comprehensive Inspection Requirements | A.40a |
| Vehicle Lot Ready Report | A.41a |
| This Vehicle Not for Sale sign | A.42a |
| Notice of Incompleteness letter | A.43a |
| Daily Driving Log |
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to the 2025 Byrider FDD, Appendix A includes exhibits related to dealership operations. Specifically, exhibit A.15a is the "Byrider Deal Jacket Checklist" and exhibit A.16a is the "CNAC Deal Jacket Checklist." These checklists likely outline the required documents and procedures for maintaining a complete and compliant deal jacket, which is a collection of all documents related to a vehicle sale and financing transaction.
For a prospective Byrider franchisee, these checklists are important tools for ensuring compliance with company standards and legal requirements. The Byrider Deal Jacket Checklist would pertain to the franchisee's responsibilities, while the CNAC (CarNow Acceptance Company) Deal Jacket Checklist would relate to the finance company's requirements. Maintaining accurate and complete deal jackets is crucial for avoiding potential legal issues, audits, and financial penalties.
While the FDD excerpt identifies the existence of these checklists, it does not provide the specific details of what each checklist contains. A potential franchisee should request copies of both the Byrider Deal Jacket Checklist and the CNAC Deal Jacket Checklist from Byrider during their due diligence process. This will allow them to fully understand the required documentation and procedures for each deal, ensuring they can meet Byrider's standards and maintain compliance.