Consumer-to-business exchange marketplace
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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Nov 26, 2013
Grant Date -
Apr 18, 2013
app pub date -
Nov 8, 2011
filing date -
Oct 18, 2011
priority date (Note) -
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status (Latency Note)
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Abstract
Systems and methods for implementing an item exchange service are usable to aid users in exchanging old items for newer items. According to one embodiment, a system can be operable to receive a request to present a vehicle in a marketplace, calculate a base exchange value for the vehicle and provide, to one or more vehicle resellers, marketplace information associated with the vehicle. Additionally, the system may be configured to receive an exchange offer for the vehicle, determine a final exchange value of the vehicle, and provide the final exchange value of the vehicle to a seller of the vehicle. Further, the system may be configured to allow the seller to determine a course of action regarding disposing of the vehicle after conclusion of the exchange marketplace.
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