Invention Grant
- Patent Title: System and method for analysis and presentation of used vehicle pricing data
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Application No.: US17843426Application Date: 2022-06-17
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Publication No.: US11669874B2Publication Date: 2023-06-06
- Inventor: Michael D. Swinson , Isaac Lemon Laughlin , Meghashyam Grama Ramanuja , Mikhail Semeniuk , Xingchu Liu
- Applicant: TrueCar, Inc.
- Applicant Address: US CA Santa Monica
- Assignee: TrueCar, Inc.
- Current Assignee: TrueCar, Inc.
- Current Assignee Address: US CA Santa Monica
- Agency: Sprinkle IP Law Group
- Main IPC: G06Q30/02
- IPC: G06Q30/02 ; G06Q10/06 ; G06Q30/0201

Abstract:
To increase the efficiency of a used vehicle data processing process while still tailoring to an individual user's unique specifications on a used vehicle, at least some pre-calculations are performed by a backend process before a request for data for a specified vehicle is received through a web site or a web server on the Internet. A user can be presented with an interface where the user can make a variety of determinations. After the user requests data on a specific vehicle configuration, a frontend process handles user-provided data in conjunction with the data calculated in the backend process to ensure that the results are better tailored to the user's specific vehicle attributes. The results can include pricing data such as a trade-in price, a list price, an expected sale price or range of sale prices, market low sale price, market average sale price, market high sale price, etc.
Public/Granted literature
- US20220327581A1 SYSTEM AND METHOD FOR ANALYSIS AND PRESENTATION OF USED VEHICLE PRICING DATA Public/Granted day:2022-10-13
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