GENERATING CUSTOMER-SPECIFIC VEHICLE PROPOSALS BASED ON VEHICLE FINANCE PAY-OFF INFORMATION RECEIVED FROM A THIRD-PARTY ENTITY
First Claim
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1. A method for providing vehicle proposals, the method comprising:
- receiving, from a third-party entity, a vehicle finance listing of customers, wherein the listing includes, for each customer, identification of a first vehicle having ongoing vehicle financing with the third-party entity and first vehicle finance pay-off information;
identifying second vehicles to propose to one or more of the customers included in the vehicle finance listing, wherein the second vehicles are similar in make and model to the first vehicles;
determining, by a computing device processor, for each of the one or more customers, a customer-specific vehicle proposal for the identified second vehicles, wherein the customer-specific vehicle proposal is based at least in part on an estimated market value of the first vehicle; and
communicating, by a computing device, the customer-specific vehicle proposal to the associated customer.
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Abstract
Methods, systems and computer program products for generating customer-specific vehicle proposals based on ongoing vehicle finance pay-off information received from a third party entity. The embodiments of the invention herein disclosed provide for efficient identification of potential customers based on their current vehicle and the ongoing financial obligation related to the current vehicle. A replacement vehicle is identified and a vehicle proposal, such as a sales or lease proposal, is generated for one or more of the identified potential customers.
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Citations
30 Claims
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1. A method for providing vehicle proposals, the method comprising:
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receiving, from a third-party entity, a vehicle finance listing of customers, wherein the listing includes, for each customer, identification of a first vehicle having ongoing vehicle financing with the third-party entity and first vehicle finance pay-off information; identifying second vehicles to propose to one or more of the customers included in the vehicle finance listing, wherein the second vehicles are similar in make and model to the first vehicles; determining, by a computing device processor, for each of the one or more customers, a customer-specific vehicle proposal for the identified second vehicles, wherein the customer-specific vehicle proposal is based at least in part on an estimated market value of the first vehicle; and communicating, by a computing device, the customer-specific vehicle proposal to the associated customer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. Apparatus for targeted and customized vehicle proposals, the apparatus comprising:
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a computing platform having at least one processor, and a memory in communication with the processor; a customer marketing module stored in the memory, executable by the processor and configured to; receive, from a third-party entity, a vehicle finance customer listing including, for each customer in the listing, identification of a first vehicle having ongoing vehicle financing with the third-party entity and vehicle finance pay-off information, and determine, for each of one or more of the customers, a customer-specific vehicle proposal for an identified second vehicle based at least in part on an estimated market value of the first vehicle. - View Dependent Claims (13, 14, 15, 16, 19, 20, 21, 22, 28, 29)
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- 17. The apparatus of claim 17, wherein the customer marketing module is further configured to receive one or more variable parameters associated with the determined customer-specific vehicle proposals.
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23. A computer program product that includes a non-transitory computer-readable medium, the medium comprising:
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a first set of codes for causing a computer to receive, from a third-party entity, a vehicle finance listing of customers, wherein the listing includes, for each customer, identification of a first vehicle having ongoing vehicle financing with the third-party entity and first vehicle finance pay-off information; a second set of codes for causing a computer to determine, for each of one or more of the customers, a customer-specific vehicle proposal for an identified second vehicle based at least in part on an estimated market value of the first vehicle; and a third set of codes for causing a computer to initiate communication of the customer-specific vehicle proposal to the associated customer. - View Dependent Claims (24, 25, 26, 27, 30)
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Specification