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Vehicle data system for rules based determination and real-time distribution of enhanced vehicle data in an online networked environment

  • US 10,366,435 B2
  • Filed: 03/28/2017
  • Issued: 07/30/2019
  • Est. Priority Date: 03/29/2016
  • Status: Active Grant
First Claim
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1. A vehicle data system comprising:

  • a processor;

    a non-transitory computer readable medium comprising computer code for processing distributed vehicle data, the computer code comprising code for;

    in a back-end process;

    obtaining a set of historical transaction records from a first set of distributed sources, each transaction record associated with a corresponding vehicle identification number (VIN) and a dealer;

    enhancing the historical transaction records with additional vehicle data collected from a second set of distributed sources by VIN;

    binning the historical transaction records based on at least one vehicle attribute and geography;

    generating a set of likelihood rules based on multivariable regression analysis of a set of vehicle attributes in the enhanced historical transaction records, the likelihood rules defining cumulative price distribution as a function of one or more vehicle attributes in the set of vehicle attributes;

    in a front-end process;

    providing a web page to a client computer, the web page having one or more input fields for a user to provide a user-specified vehicle configuration comprising a set of user-specified vehicle attributes;

    receiving over a network via the web page the set of user-specified vehicle attributes;

    generating a responsive web page in response to the user submitting the user-specified vehicle attributes comprising;

    applying dealer selection rules to select a set of dealers;

    determining values for the one or more vehicle attributes from the set of enhanced historical transaction records associated with the selected set of dealers;

    applying the likelihood model to the values for the one or more vehicle attributes determined from the set of enhanced historical transaction records associated with the selected set of dealers to generate a cumulative distribution of prices associated with the set of enhanced historical transaction records associated with the selected set of dealers;

    fitting a curve to the cumulative distribution generated from the set of enhanced historical transaction records corresponding to the selected set of dealers;

    generating HTML to cause a browser at the client computer to display the curve about an average price for the user-selected configuration and relative price ranges;

    sending the HTML to the client computer.

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