METHODS AND SYSTEMS FOR VEHICLE VALUATION FROM OBD BASED OPERATION DATA

• US 20140058618A1
• Filed: 08/21/2013
• Published: 02/27/2014
• Est. Priority Date: 08/22/2012
• Status: Abandoned Application

• Current Assignee: Zubie, Inc.
• Original Assignee: Zubie, Inc.
• Inventors: Rude, Michael John, Silkey, Ari Abram
• Application Number:
  US13/972,428
• Publication Number:
  US 20140058618A1
• Time in Patent Office: Days
• US Class Current: 701/31.4
• CPC Class Codes: G06F 17/00 Digital computing or data processing equipment or methods, specially adapted for specific functions information retrieval, database structures or file system structures therefor G06F16/00
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G07C 5/0808 Diagnosing performance data testing of vehicles G01M17/00; testing of electrical installation on vehicles G01R31/005

Abstract

One embodiment is directed to a method for valuating a vehicle. The method includes obtaining operation data from an on-board diagnostics (OBD) port of a vehicle, the operation data pertaining to operation of the vehicle. The method also includes determining a measure of value for the vehicle based on the operation data, and generating a report including the measure of value.

Claims

1. A method for valuating a vehicle, the method comprising:

obtaining operation data from an on-board diagnostics (OBD) port of a vehicle, the operation data pertaining to operation of the vehicle;

determining a measure of value for the vehicle based on the operation data; and

generating a report including the measure of value.

2. The method of claim 1, wherein the measure of value comprises a market price for the vehicle.

3. The method of claim 1, wherein the measure of value comprises an operational condition of the vehicle.

4. The method of claim 1, wherein the measure of value comprises an amount of wear-and-tear for the vehicle over a time period.

5. The method of claim 4, wherein the time period is a time period of operation of the vehicle to which the operation data corresponds.

6. The method of claim 1, wherein the operation data corresponds to one or more time periods of operation of the vehicle;

wherein determining the measure of value includes extrapolating, from the operation data, operational information for time periods outside the one or more time periods to which the operation data corresponds.

7. The method of claim 1, wherein obtaining operation data includes recording operation data for the vehicle over a time period of operation of the vehicle.

8. The method of claim 1, wherein a vehicle telematics device is configured to be installed in a vehicle and connected to an OBD-II connector of the vehicle to obtain operation data therefrom, wherein the device is configured to send the operation data to a server.

9. The method of claim 8, wherein the vehicle telematics device is configured to sense motion of the vehicle and include data from the motion with the operation data.

10. A system for valuating a vehicle comprising:

a vehicle telematics device configured to connect to an on-board diagnostics (OBD) port of the vehicle and obtain operation data corresponding to the vehicle from the OBD port;

a data management server configured to receive operation data from the vehicle telematics device, the data management server configured to;

obtain operation data from an OBD port of a vehicle, the operation data pertaining to operation of the vehicle;

determine a measure of value for the vehicle based on the operation data; and

generate a report including the measure of value.

11. The system of claim 10, wherein the measure of value comprises a market price for the vehicle.

12. The system of claim 10, wherein the measure of value comprises an operational condition of the vehicle.

13. The system of claim 10, wherein the measure of value comprises an amount of wear-and-tear for the vehicle over a time period.

14. The system of claim 13, wherein the time period is a time period of operation of the vehicle to which the operation data corresponds.

15. The system of claim 10, wherein the operation data corresponds to one or more time periods of operation of the vehicle;

wherein determine the measure of value includes extrapolate, from the operation data, operational information for time periods outside the one or more time periods to which the operation data corresponds.

16. The system of claim 10, wherein obtain operation data includes record operation data for the vehicle over a time period of operation of the vehicle.

17. The system of claim 10, wherein the vehicle telematics device is configured to sense motion of the vehicle and include data from the motion with the operation data.

18. A method for valuating a vehicle, the method comprising:

obtaining operation data from an on-board diagnostics (OBD) port of a vehicle, the operation data pertaining to operation of the vehicle;

wirelessly transmitting the operation data from the vehicle to a cellular tower;

receiving the operation data at a data management server;

sending the operation data to a third party for determination of a measure of value for the vehicle;

receiving a measure of value from the third party;

generating a report including the measure of value.

19. The method of claim 18, comprising:

receiving from a user, a selection of one or more third parties in which to send the operation data to; and

sending the operation data to the one or more third parties in response thereto.

20. The method of claim 19, wherein obtaining includes obtaining the operation data with a vehicle telematics device connected to the OBD port of the vehicle, the method comprising:

receiving, at the data management server, identification information from the vehicle telematics device identifying the vehicle telematics device; and

associating the operation data from the vehicle telematics device with a user account based on the information identifying the vehicle telematics device.