To participate in the New York State Auto Leasing Excess Wear and. The Arbitrator(s) will review both sides and make a decision after review.It's a 3rd party separate form you and separate from the dealership. A mandatory binding arbitration clause in a car loan states you agree to resolve any disputes with an arbitrator rather than the courts. Unless you are prepared to pay cash in one payment, you will sign an arbitration agreement to buy that car. Typically, an arbitration clause is located towards the end of a contract. If the contract does contain the clause you may proceed to step 2. ADESA offers an arbitration service to resolve certain disputes between buyers and sellers. Our service is designed to be fair, quick and impartial. Read the Motor Vehicle Lemon Law booklet.