Method and system for providing price quotes for new and used vehicles
First Claim
1. A method for conducting vehicle transactions comprisingmaintaining a database having information for a plurality of vehicle dealerships,inputting a zip code and a new vehicle of choice, make, model, trim and options by a user,inputting a trade-in vehicle make, model, options, mileage and damage description by a user,providing a price for the new vehicle and trade-in value for each dealership within a preselected distance from the zip code,calculating a net price for each dealership, andproviding the net price to the user.
0 Assignments
0 Petitions
Accused Products
Abstract
The system provides the user with all relevant information, allowing the information to be tailored from the dealership for which the consumer will purchase the vehicle. The process is completely automated, allowing for users to instantaneously receive pricing information on the new vehicle of their choice as well as their trade-in, not having to wait for a reply from a salesperson in a dealership. The user provides information regarding the new vehicle desired and the trade-in vehicle and the user'"'"'s zip code. The zip code provided is used to identify the dealership that has been assigned to that area of responsibility, as well as for the calculation of the price since factory incentives often vary according to geographical area. And, the dealership'"'"'s distance from the zip code can be used as a factor in determining the provided pricing information.
6 Citations
4 Claims
-
1. A method for conducting vehicle transactions comprising
maintaining a database having information for a plurality of vehicle dealerships, inputting a zip code and a new vehicle of choice, make, model, trim and options by a user, inputting a trade-in vehicle make, model, options, mileage and damage description by a user, providing a price for the new vehicle and trade-in value for each dealership within a preselected distance from the zip code, calculating a net price for each dealership, and providing the net price to the user.
Specification