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AUTOMOBILE TRANSACTION FACILITATION USING A MANUFACTURER RESPONSE

  • US 20120109770A1
  • Filed: 07/05/2011
  • Published: 05/03/2012
  • Est. Priority Date: 07/05/2011
  • Status: Active Grant
First Claim
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1. A method comprising:

  • storing, on a computer readable medium, automobile market data which is representative of recent automobile market characteristics, including at least pricing data and inventory data, wherein the automobile market data includes information received from at least one manufacturer, a plurality of dealers, and a plurality of consumers, wherein at least a portion of the automobile market data is updated in real-time;

    receiving, via a consumer interface, a request for a response indicating whether a first automobile can be provided;

    causing at least one processing device to;

    provide first automobile market data, based on the request, via a manufacturer interface, wherein the first automobile market data is based on real-time automobile market data;

    provide a first manufacturer response via the consumer interface, the first manufacturer response including at least one of a verification, a confirmation, and an offer indicating that the first automobile can be provided for the consumer;

    request, from at least one dealer, a bid to sell the first automobile based on the first manufacturer response, wherein the at least one dealer engages in inventoryless bidding by providing a bid on the first automobile when the first automobile is at least one of yet to be manufactured and in the inventory of another entity; and

    provide at least one bid to the consumer interface, the at least one bid including at least a price and a delivery option; and

    receiving a consumer selection of a first bid including a first delivery option which specifies a pickup location at a first dealer, wherein the consumer selection indicates a consumer intention to purchase the first automobile, wherein the first bid is an inventoryless bid requiring the first automobile to be at least one of manufactured and transferred from the inventory of another entity to the first dealer.

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