System and method for electronic processing of vehicle transactions based on image detection of vehicle license plate

  • US 9,818,154 B1
  • Filed: 11/29/2016
  • Issued: 11/14/2017
  • Est. Priority Date: 06/27/2014
  • Status: Active Grant
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First Claim
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1. A system for automatically identifying a vehicle and facilitating a transaction related to the vehicle, the system comprising:

  • a first mobile apparatus having;

    an image sensor configured to capture an optical image of a vehicle license plate and convert the optical image into an electrical signal,a license plate detector configured to identify the vehicle license plate information based on the electrical signal, andan interface configured to transmit the vehicle license plate information;

    a remote server having a computer processor and configured to;

    automatically identify vehicle configuration information based on the vehicle license plate information received from the first mobile apparatus,automatically transmit the vehicle configuration information to the first mobile apparatus,automatically provide for access vehicle sales information in response to a posting request from the first mobile apparatus, the posting request including at least an offered sales price; and

    a second mobile apparatus configured to display on an interface the vehicle sales information and to automatically initiate the transaction related to the vehicle in response to a user input on the interface,wherein the remote server is further configured to automatically facilitate the transaction related to the vehicle upon the second mobile apparatus initiating the transaction based on the user input.

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