Used automobile transaction facilitation for a specific used automobile

  • US 9,123,075 B2
  • Filed: 02/10/2014
  • Issued: 09/01/2015
  • Est. Priority Date: 07/05/2011
  • Status: Active Grant
First Claim
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1. A method comprising:

  • storing, on a computer readable medium, automobile market data which is representative of recent automobile market characteristics, including at least pricing data, wherein the automobile market data includes information received from at least a plurality of consumers;

    receiving, via a used automobile consumer seller interface, a first request for a response regarding a first used automobile, the first request made by a consumer used automobile seller located at a first location and including a vehicle identification number and geolocation information of the consumer used automobile seller;

    executing instructions, by at least one processing device, to;

    determine, using on the geolocation information, that the consumer used automobile seller is located at the first location;

    generate, based on the determined first location, an in-market used automobile buyer area;

    determine that at least one used automobile buyer is located within the in-market used automobile buyer area;

    provide first automobile market data, based on the first request, via a used automobile buyer interface;

    request, via the used automobile buyer interface from the at least one used automobile buyer, a bid to purchase the first used automobile based on the first request;

    receive, via the used automobile buyer interface, at least one bid from at least one used automobile buyer, the at least one bid including a first bid from a first used automobile buyer located at a second location within the in-market used automobile buyer area;

    generate, based on receiving the first bid, driving directions from the first location to the second location; and

    provide the response including the first bid via the used automobile consumer seller interface, the first bid including at least a price for the first used automobile, and the response including the driving directions from the first location to the second location; and

    receiving a consumer used automobile seller selection of the first bid, wherein the consumer used automobile seller selection indicates a consumer used automobile seller intention to sell the first used automobile based on the first bid to the first used automobile buyer.

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