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Systems and methods for determining vehicle salvage value

  • US 20060195384A1
  • Filed: 02/23/2006
  • Published: 08/31/2006
  • Est. Priority Date: 02/25/2005
  • Status: Abandoned Application
First Claim
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1. A system comprising:

  • a valuation subsystem configured to communicate with one or more access devices over a data communication network, said valuation subsystem including;

    a bid module configured to solicit bids for a vehicle over the data communication network, and receive one or more bids for the vehicle; and

    a valuation module configured to set a salvage value of the vehicle based on at least one of said one or more bids received.

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