VEHICLE VALUE ANALYSIS

• US 20110270706A1
• Filed: 07/14/2011
• Published: 11/03/2011
• Est. Priority Date: 04/08/2010
• Status: Abandoned Application

• Current Assignee: PureCars Automotive, LLC
• Original Assignee: PureCars Automotive, LLC
• Inventors: Anspach, Jeremy, Veltri, Frank
• Application Number:
  US13/182,849
• Publication Number:
  US 20110270706A1
• Time in Patent Office: Days
• US Class Current: 705/26.61
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0623 Item investigation

Abstract

A method of analyzing a value of a vehicle, the method comprising: (a) receiving a request for information concerning a particular vehicle for sale; (b) receiving vehicle data concerning the particular vehicle and a plurality similar vehicles for sale from at least one source; (c) comparing the vehicle data to identify a subset comprising a plurality of comparable vehicles that are comparable to the particular vehicle and that are for sale; (d) comparing the vehicle data of the particular vehicle to the vehicle data of at least one of the plurality of comparable vehicles to asses a relative value of the particular vehicle; and, (e) generating a report that conveys the relative value of the particular vehicle.

Claims

1. A method of providing service history of a vehicle for sale, the method comprising:

receiving a request for information concerning the vehicle for sale;

searching for vehicle data from one or more sources concerning the vehicle for sale;

receiving an operational code related to the vehicle for sale based on a past service repair order;

searching for a description of the operational code in a subset of definitions; and

generating a service report that displays a service record of the vehicle for sale.

2. The method of claim 1, wherein searching for vehicle data comprises searching a dealership management system.

3. The method of claim 1, further comprising interpreting the operational code based on a plurality of definitions stored in a service administration system.

4. The method of claim 3, further comprising displaying a message in the service report based on the operational code.

5. The method of claim 4, wherein the displayed message comprises subject matter related to a vehicle inspection, oil and filter change, tires, fluid service, or vehicle detail.

6. The method of claim 1, further comprising displaying an introductory statement and closing message in the service report.

20. The method of claim 1, further comprising displaying an introductory statement or closing message identifying the one or more sources in the service history report.

7. A method of analyzing a value of a vehicle, comprising:

receiving a request for information concerning a particular vehicle for sale;

receiving vehicle data concerning the particular vehicle and a plurality of similar vehicles for sale from at least one source;

receiving service history information for the particular vehicle;

comparing the vehicle data to identify a subset comprising a plurality of comparable vehicles that are comparable to the particular vehicle, the plurality of comparable vehicles being for sale at the time of receiving the request for information;

comparing the vehicle data of the particular vehicle to the vehicle data of at least one of the plurality of comparable vehicles to assess a relative value of the particular vehicle; and

generating a report that displays service history information and conveys the relative value of the particular vehicle.

8. The method of claim 7, further comprising generating a compilation video by operably coupling at least two video snippets, each video snippet being associated with a specific one of the vehicle data associated with the particular vehicle;

wherein, generating the report comprises at least one of linking and attaching the compilation video to the report.

9. The method of claim 7, further comprising:

searching for vehicle data from one or more sources concerning the vehicle for sale;

receiving an operational code related to the vehicle for sale based on a past service repair order;

searching for a user-friendly description of the operational code; and

displaying the user-friendly description in the report.

10. The method of claim 9, further comprising:

receiving a plurality of operational codes from one or more sources related to the vehicle for sale; and

displaying user-friendly descriptions for each of the plurality of operational codes in the report.

11. The method of claim 9, further comprising identifying the one or more sources in the report.

12. The method of claim 7, further comprising generating a graphical representation using vehicle data attributable to the particular vehicle, the graphical representation depicting at least part of a price spectrum that includes an advertised price of the particular vehicle and a comparable vehicle price;

and

generating a portion of the report using the vehicle data attributable to the particular vehicle, the report including the graphical representation and at least a portion of the vehicle data.

13. A method of generating a service history report for a vehicle, comprising:

receiving a request for information concerning the vehicle;

searching one or more sources for a repair order based on at least one identifier associated with the used vehicle;

identifying a repair order based on the at least one identifier;

searching for an operational code in the repair order;

interpreting the operational code based on a set of definitions;

determining the definition based on the operational code; and

generating a service history report for the vehicle in which the definition is displayed.

14. The method of claim 13, further comprising searching a dealer management system.

15. The method of claim 13, further comprising identifying the one or more sources in the service history report from which the operational code is found.

16. The method of claim 13, wherein the interpreting the operational code comprises searching for a definition associated with the operational code in a service administration system.

17. The method of claim 13, further comprising modifying a definition associated with an operational code.

18. The method of claim 13, further comprising displaying a value in the service history report for an operational code standard for one or more sources.

19. The method of claim 13, wherein the displayed definition comprises subject matter related to a vehicle inspection, oil change, filter change, tire maintenance, fluid service, or vehicle detail.