Method of leasing a product

• US 20060026025A1
• Filed: 05/20/2005
• Published: 02/02/2006
• Est. Priority Date: 08/02/2004
• Status: Abandoned Application

• Current Assignee: Dhryl Anton, Donald Ray Jr. Cooley
• Original Assignee: Dhryl Anton, Donald Ray Jr. Cooley
• Inventors: Anton, Dhryl, Cooley, Donald Ray Jr.
• Application Number:
  US11/133,942
• Publication Number:
  US 20060026025A1
• Time in Patent Office: Days
• US Class Current: 705/38
• CPC Class Codes: G06Q 30/0645 Rental transactions; Leasing transactions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

A method of leasing a product from a lessor to a lessee, includes the steps of equipping a product with a remotely controlled device that can be used to control the product, and agreeing to lease the product to a lessee without regard to the creditworthiness of the lessee. The equipping step includes a remotely controlled device that can be used to control the product, and the agreeing step involves allowing the lessee to lease the product if the lessee performs certain preselected, required tasks. The equipping step may also include a communicator that allows the lessor and lessee to communicate with each other after the lessee has leased the product. One of the preselected, required tasks of the agreeing step is to make a periodic payment, and wherein the equipping step includes a communicator that allows the lessee to make a payment that is accepted by the lessor.

Claims

1. A method of leasing a product from a lessor to a lessee, comprising:

equipping a product with a remotely controlled device that can be used to control the product;

agreeing to lease the product to a lessee without regard to the creditworthiness of the lessee.

2. The method of claim 1, wherein the equipping step includes a remotely controlled device that can be used to control the product, and the agreeing step involves allowing the lessee to lease the product if the lessee performs certain preselected, required tasks.

3. The method of claim 1, wherein the equipping step also includes a communicator that allows the lessor and lessee to communicate with each other after the lessee has leased the product.

4. The method of claim 2, wherein the equipping step also includes a communicator that allows the lessor and lessee to communicate with each other after the lessee has leased the product.

5. The method of claim 4, wherein one of the preselected, required tasks of the agreeing step is to make a periodic payment, and wherein the equipping step includes a communicator that allows the lessee to make a payment that is accepted by the lessor.

6. The method of claim 5, wherein one of the preselected, required tasks of the agreeing step is to make a periodic payment, and wherein the equipping step includes a communicator that allows the lessee to make a payment to a third party that is accepted by the lessor.