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Electronic On-line Motor Vehicle Management and Auction System

  • US 20150025993A1
  • Filed: 06/06/2014
  • Published: 01/22/2015
  • Est. Priority Date: 06/07/2013
  • Status: Abandoned Application
First Claim
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1. A method for standardized online vehicle management and auction accomplished via a computer system comprising hardware, software, and a mobile electronic device, comprising the steps of:

  • a. inspecting a selling dealer'"'"'s vehicle onsite by a qualified technician with the mobile electronic device comprising a database, a central processing unit, a display unit, and pre-loaded standardized inspecting procedures for said technician to follow during said inspection;

    b. entering the inspection related information and results into the database of the mobile electronic device;

    c. uploading said inspection related information and results directly from said mobile device to a database of a remote computer system;

    d. the remote computer system generating a general information report for a buyer, said general information report including said inspection related information and results, and a financial information portion of the general information report;

    e. the remote computer system providing a pre-bid session with a plurality of purchasing options related to the vehicles;

    f. collecting at least one pre-bid from at least one potential buyer;

    g. providing an online live auction session to collect at least one online live bid from at least one online buyer;

    h. posting to the at least one online buyer said at least one pre-bid collected during said online live auction session, said posting following a first predetermined process;

    i. determining one final awarded bid based on a second predetermined process.

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