METHODS AND SYTEM FOR SIMULTANEOUSLY GENERATING VEHICLE HISTORY REPORTS AND PREAPPROVED FINANCING OPTIONS

• US 20160180428A1
• Filed: 12/18/2015
• Published: 06/23/2016
• Est. Priority Date: 12/18/2014
• Status: Active Grant

• Current Assignee: Experian Information Solutions Incorporated (Experian plc)
• Original Assignee: Experian Information Solutions Incorporated (Experian plc)
• Inventors: Cain, Ryan B., Hope, Will, Von Busch, Kirsten, DeGuiseppe, Dominic Edward
• Granted Patent: US 10,580,054 B2
• Time in Patent Office: Days
• US Class Current: 1/1
• CPC Class Codes: G06Q 30/0623 Item investigation
• CPC Class Codes: G06Q 30/0641 Shopping interfaces
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G07C 5/08 Registering or indicating performance data other than driving, working, idle, or waiting time, with or without registering driving, working, idle or waiting time
• CPC Class Codes: G07C 5/0841 Registering performance data recording measured values G01D; information storage G11B

Abstract

One embodiment of the system and method described herein provides a computer system configured to provide an interface for operation by a user at a remote computing device, receive a request from the user for a vehicle history report of a vehicle. The computer system is further configured to prompt the user for interest in a prequalification for a financing offer. The computer system is further configured to receive the indication of the user'"'"'s interest in the prequalification. The system also includes a data storage module, accessible by the computer system, configured to retrieve data corresponding to the vehicle, store the retrieved data, retrieve data corresponding to a determination regarding the prequalification for the financing offer, and store the retrieved determination. The computer system is further configured to convey the vehicle history report to the user and convey the prequalification determination to the user.

Claims

1. A vehicle history and prequalification system, comprising:

a computer system having a processor and a memory, the computer system configured to;

provide an interface for operation by a user at a remote computing device,

receive a request, via the interface, from the user regarding a vehicle history report of a vehicle, the request including at least one of a vehicle identification number (VIN) of the vehicle, a license plate of the vehicle, or other unique identifier of the vehicle,

prompt the user, via the interface, for an indication of user interest in a prequalification for a financing offer associated with the vehicle, and

receive the indication of user interest in the prequalification, via the interface, the indication including personal information of the user;

a data storage module, accessible by the computer system, configured to;

retrieve data corresponding to the vehicle from at least one of a third party information database, an industry publication database, a safety ratings database, and a vehicle specification database,

store the retrieved data according to the VIN, license plate, or other unique identifier for the vehicle,

retrieve data corresponding to a determination regarding the prequalification for the financing offer, and

store the retrieved data according to one or more unique identifiers for the user;

wherein the computer system is further configured to;

convey, via the interface, the vehicle history report to the user, the vehicle history report generated based on the retrieved and stored data corresponding to the vehicle, and

convey, via the interface, the prequalification determination to the user.

2. The system of claim 1, wherein the computer system configured to prompt the user is further configured to overlay the prompt to the user on top of data being viewed by the user.

3. The system of claim 2, wherein the data being viewed by the user is the generated vehicle history report that is conveyed to the user.

4. The system of claim 1, wherein the computer system is further configured to generate the vehicle history report based on the retrieved and stored data and wherein the conveyed vehicle history report is the vehicle history report generated by the computer system.

5. The system of claim 1, wherein the retrieved and stored data corresponding to one or more vehicles comprises the vehicle history report.

6. The system of claim 1, wherein the data storage module is further configured to:

retrieve one or more criteria on which the determination of the prequalification for the financing offer is based, wherein the one or more criteria are retrieved from at least one of a third party financing database, a financing industry database, and a financial entity database; and

store the one or more criteria according to the one or more unique identifiers of the user.

7. The system of claim 6, wherein the computer system is further configured to generate the prequalification determination based on the retrieved and stored criteria and the information regarding the user.

8. The system of claim 1, wherein the computer system is further configured to convey, via another interface, the prequalification determination to a dealer that is selling the vehicle.

9. The system of claim 8, wherein the computer system is further configured to identify additional vehicles at the dealer in which the user may be interested, the identification based on the retrieved and stored data corresponding to the vehicle and the prequalification determination.

10. The system of claim 1, wherein the prequalification determination indicates that the user is approved for the financing offer and where the computer system is further configured to:

convey details of the financing offer to the user;

prompt the user, via the interface, for an indication of user interest in pursuing the financing offer for which the user is prequalified;

receive, via the interface, the indication of interest of the user in pursuing the financing offer; and

convey the indication of the user to a lender.

11. A computer-implemented method, comprising:

providing an interface for operation by a user at a remote computing device;

receiving a request, via the interface, from the user regarding a vehicle history report of a vehicle, the request including at least one of a vehicle identification number (VIN) of the vehicle, a license plate of the vehicle, or other unique identifier of the vehicle;

prompting the user, via the interface, for an indication of user interest in a prequalification for a financing offer associated with the vehicle;

receiving the indication of user interest in the prequalification, via the interface, the indication including personal information of the user;

retrieving data corresponding to the vehicle from at least one of a third party information database, an industry publication database, a safety ratings database, and a vehicle specification database;

storing the retrieved data according to the VIN, license plate, or other unique identifier for the vehicle;

retrieving data corresponding to a determination regarding the prequalification for the financing offer;

storing the retrieved data according to one or more unique identifiers for the user;

conveying, via the interface, the vehicle history report to the user, the vehicle history report generated based on the retrieved and stored data corresponding to the vehicle; and

conveying, via the interface, the prequalification determination to the user.

12. The method of claim 11, wherein prompting the user comprises overlaying the prompt to the user on top of data being viewed by the user.

13. The method of claim 12, wherein the data being viewed by the user is the generated vehicle history report that is conveyed to the user.

14. The method of claim 11, further comprising generating the vehicle history report based on the retrieved and stored data, wherein the conveyed vehicle history report is the vehicle history report generated by the computer system.

15. The method of claim 11, wherein the retrieved and stored data corresponding to one or more vehicles comprises the vehicle history report.

16. The method of claim 11, further comprising:

retrieving one or more criteria on which the determination of the prequalification for the financing offer is based, wherein the one or more criteria are retrieved from at least one of a third party financing database, a financing industry database, and a financial entity database; and

storing the one or more criteria according to the one or more unique identifiers of the user.

17. The method of claim 16, further comprising generating the prequalification determination based on the retrieved and stored criteria and the information regarding the user.

18. The method of claim 11, further comprising conveying, via another interface, the prequalification determination to a dealer that is selling the vehicle.

19. The method of claim 18, further comprising identifying additional vehicles at the dealer in which the user may be interested, the identification based on the retrieved and stored data corresponding to the vehicle and the prequalification determination.

20. The method of claim 11, wherein the prequalification determination indicates that the user is approved for the financing offer and further comprising:

conveying details of the financing offer to the user;

prompting the user, via the interface, for an indication of user interest in pursuing the financing offer for which the user is prequalified;

receiving, via the interface, the indication of interest of the user in pursuing the financing offer; and

conveying the indication of the user to a lender.

21. An apparatus for vehicle history and prequalification determination, comprising:

means for providing communication with a user at a remote computing device;

means for receiving a request from the user regarding a vehicle history report of a vehicle, the request including at least one of a vehicle identification number (VIN) of the vehicle, a license plate of the vehicle, or other unique identifier of the vehicle;

means for prompting the user for an indication of user interest in a prequalification for a financing offer associated with the vehicle;

means for receiving the indication of user interest in the prequalification the indication including personal information of the user;

means for retrieving data corresponding to the vehicle from at least one of a third party information database, an industry publication database, a safety ratings database, and a vehicle specification database;

means for storing the retrieved data according to the VIN, license plate, or other unique identifier for the vehicle;

means for retrieving data corresponding to a determination regarding the prequalification for the financing offer;

means for storing the retrieved data according to one or more unique identifiers for the user;

means for conveying the vehicle history report to the user, the vehicle history report generated based on the retrieved and stored data corresponding to the vehicle; and

means for conveying the prequalification determination to the user.

22. A computer program product comprising a computer readable medium comprising instructions that, when executed, cause an apparatus to perform a method, the method comprising:

providing an interface for operation by a user at a remote computing device;

receiving a request, via the interface, from the user regarding a vehicle history report of a vehicle, the request including at least one of a vehicle identification number (VIN) of the vehicle, a license plate of the vehicle, or other unique identifier of the vehicle;

prompting the user, via the interface, for an indication of user interest in a prequalification for a financing offer associated with the vehicle;

receiving the indication of user interest in the prequalification, via the interface, the indication including personal information of the user;

retrieving data corresponding to the vehicle from at least one of a third party information database, an industry publication database, a safety ratings database, and a vehicle specification database;

storing the retrieved data according to the VIN, license plate, or other unique identifier for the vehicle;

retrieving data corresponding to a determination regarding the prequalification for the financing offer;

storing the retrieved data according to one or more unique identifiers for the user;

conveying, via the interface, the vehicle history report to the user, the vehicle history report generated based on the retrieved and stored data corresponding to the vehicle; and

conveying, via the interface, the prequalification determination to the user.