METHODS AND SYSTEMS FOR FINANCING A VEHICLE PURCHASE

• US 20120284173A1
• Filed: 05/06/2011
• Published: 11/08/2012
• Est. Priority Date: 05/06/2011
• Status: Abandoned Application

• Current Assignee: Ford Motor Company
• Original Assignee: Ford Motor Company
• Inventors: Monjanel, Paul-Henri Rene Jean, Straley, Matthew James, Horr, James Charles
• Application Number:
  US13/102,611
• Publication Number:
  US 20120284173A1
• Time in Patent Office: Days
• US Class Current: 705/38
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

Various embodiments relate to methods and systems for financing an acquisition of a vehicle. In at least one embodiment, a financing request may be submitted to a vehicle financier to finance an acquisition of a vehicle according to one or more vehicle financing programs specifically designed for a vehicle consumer. One or more financing offerings by the vehicle financier may be received for financing the acquisition of the vehicle based on the financing programs. A response indicating whether at least one financing offering is accepted or rejected may be transmitted to the vehicle financier.

Claims

1. A computer-implemented method for financing an acquisition of a vehicle, the computer-implemented method comprising:

submitting via a computer a financing request to a vehicle financier to finance an acquisition of a vehicle according to one or more vehicle financing programs specifically designed for a vehicle consumer;

receiving via the computer one or more financing offerings by the vehicle financier for financing the acquisition of the vehicle based on the one or more financing programs; and

transmitting a response to the vehicle financier for the one or more financing offerings.

2. The computer-implemented method of claim 1 further comprising receiving at the computer one or more baseline financing programs on which the one or more vehicle financing programs specifically designed for the vehicle consumer are based.

3. The computer-implemented method of claim 2 wherein the one or more baseline financing programs are determined by the vehicle financier.

4. The computer-implemented method of claim 2 wherein the baseline financing programs are based on at least one of information about the vehicle consumer and information about the vehicle.

5. The computer-implemented method of claim 1 wherein the one or more vehicle financing programs specifically designed for a vehicle consumer is not based on one or more credit scores of the vehicle consumer.

6. The computer-implemented method of claim 1 wherein the one or more financing offerings are based on one or more credit scores of the vehicle consumer.

7. The computer-implemented method of claim 1 further comprising selecting via the computer at least one financing offering from the vehicle financier.

8. The computer-implemented method of claim 7 wherein the response is an acceptance and includes the selected financing offering.

9. The computer-implemented method of claim 8 wherein the acquisition of the vehicle is financed according to terms of the selected financing offering.

10. The computer-implemented method of claim 1 wherein the response is an explicit or implicit rejection.

11. The computer-implemented method of claim 1 wherein the financing programs specifically designed for the vehicle consumer include vehicle acquisition incentives.

12. The computer-implemented method of claim 11 wherein the vehicle acquisition incentives are offered by the financier, the dealer, or both.

13. A method for financing an acquisition of a vehicle, the method comprising:

receiving on a computer one or more vehicle financing programs suggested for a vehicle consumer;

transmitting from the computer one or more financing offerings based on the suggested vehicle financing programs for presentation to the vehicle consumer;

receiving at the computer a decision from the vehicle consumer on the one or more financing offerings for financing the acquisition of the vehicle; and

based on the decision, financing the acquisition of the vehicle according to the terms of the financing offering.

14. The method of claim 13 wherein the one or more offerings to the vehicle consumer are at least partially different than the one or more offerings to a second vehicle consumer.

15. The method of claim 13 wherein the one or more vehicle financing programs suggested for the vehicle consumer are vehicle financing programs specifically designed for the vehicle consumer based on information about the vehicle consumer.

16. The method of claim 13 further comprising generating the one or more financing offerings based on the programs suggested for the vehicle consumer.

17. The method of claim 13 wherein the one or more financing offerings include at least two financing offerings, the method further comprising receiving a selection of a financing offering from the at least two financing offerings.

18. A system comprising:

a user computer configured to;

receive input defining information about a purchase of an item and suggested financing plans for financing the purchase;

transmit the information to a financier for financing the purchase;

receive financing offerings from the financier based on the information;

receive a selection of a financing offering; and

transmit the selection to the financier for financing according to terms of the selected offering.

19. The system of claim 18 wherein the item is a vehicle.

20. The system of claim 19 wherein the information about the purchase includes at least one of information about a consumer of the vehicle and information about the vehicle.

21. The system of claim 18 where the user computer is a dealer computer.

22. The system of claim 21 wherein the user computer is configured to store the financing offerings to memory, wherein the stored financing offerings may be accessed by multiple dealers.

23. The system of claim 18 wherein the suggested financing is one or more financing plans specifically designed for the vehicle consumer.