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Automotive finance portal

  • US 20020116328A1
  • Filed: 01/31/2002
  • Published: 08/22/2002
  • Est. Priority Date: 01/31/2001
  • Status: Abandoned Application
First Claim
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1. A method of processing a motor vehicle finance transaction online for a portal participant acting for a customer, the method comprising:

  • (a) receiving criteria of a chosen vehicle into an online automotive finance transaction engine;

    (b) receiving a selection of a financial institution into the transaction engine;

    (c) the transaction engine querying at least one database of business rules and rates input for the selected financial institution; and

    (d) the transaction engine determining and displaying a comparative quote scheme for the chosen vehicle according to the selected financial institution business rules and rates, the comparative quote scheme comprising a plurality of sets of financing terms.

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