Vehicle rating system
US10528989B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Feb 8, 2016 |
| Grant date | Jan 7, 2020 |
| Priority date | — |
| Expiry date | Apr 8, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07C5/0841
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A system may include a telematics device associated with a vehicle, a first computing device associated with a driver of the vehicle, and a server. The server may receive, from the telematics device, driving data of the driver of the vehicle and use the driving data to identify one or more driving behaviors of the driver over a predetermined period of time. The server may then estimate a residual value for the vehicle based on the one or more driving behaviors of the driver and determine whether or not the vehicle is ready for sale or trade-in based on the one or more driving behaviors of the driver and the residual value of the vehicle. Furthermore, the server may transmit, to the first computing device, a notification indicating whether or not the vehicle is ready for sale or trade-in, wherein the notification comprises the residual value of the vehicle.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.