METHOD AND SYSTEM FOR PROVIDING A GUARANTEED OFFER PRICE FOR A VEHICLE

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20120005108A1
SERIAL NO

12829442

Stats

ATTORNEY / AGENT: (SPONSORED)

Importance

Loading Importance Indicators... loading....

Abstract

See full text

Methods and systems for generating a guaranteed offer price for a vehicle are disclosed. An appraisal device selects a price adjustment category for the vehicle from a set of stored price adjustment categories. The appraisal device determines a base value for the vehicle by modifying a market value of a vehicle type based on an amount corresponding to the selected price adjustment category. Modifiers are determined based on vehicle information received from the user computer and the price adjustment category selected from the data storage device. The modifier is limited to a threshold value. The appraisal device determines guaranteed offer price for the vehicle by combining the base value and the modifier values. An offer certificate is provided to the user that indicates the guaranteed offer price for the particular vehicle, which the appraiser is obligated to pay the dealer.

Loading the Abstract Image... loading....

First Claim

See full text

Family

Loading Family data... loading....

Patent Owner(s)

Patent OwnerAddress
AUTOTRADER COM INC3003 SUMMIT BOULEVARD ATLANTA GA 30319

International Classification(s)

  • [Classification Symbol]
  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
HOLLENSHEAD, Robert Exton, US 2 114
Reimel, Theodore Wayne, US 2 114

Cited Art Landscape

Load Citation

Patent Citation Ranking

Forward Cite Landscape

Load Citation