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Vehicle valuation system and method

  • US 9,799,058 B2
  • Filed: 04/23/2015
  • Issued: 10/24/2017
  • Est. Priority Date: 01/31/2015
  • Status: Active Grant
First Claim
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1. A method comprising steps:

  • (a) a vehicle comprising telemetric equipment is provided, wherein the telemetric equipment includes on-board diagnostics (OBDII), dedicated short-range communications (DSRC), Wi-Fi, 802.11p, and long-term evolution (LTE) telecommunication, wherein the dedicated short-range communications (DSRC) includes a power source, an antenna, and a chipset;

    (b) driving data is collected, wherein the driving data is collected using the telemetric equipment;

    (c) environmental data is collected;

    (d) vehicle original equipment manufacturer data comprising vehicle recall data and vehicle warranty claim data is collected;

    (e) vehicle pricing data is collected, wherein the pricing data is collected from external sources capturing a market price for the vehicle; and

    (f) a vehicle valuation is generated.

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