System and method for calculating and displaying price distributions based on analysis of transactions

US10810609B2 · kind B2 · utility

Assignee

• TrueCar, Inc. · US

Inventors

• Thomas Taira · Berkeley, US
• Scott Painter · Beverly Hills, US
• Chris Taylor · Buena Park, US
• Robert Taylor · Scottsdale, US
• Michael D. Swinson · Santa Monica, US

Key dates

• Filing date: Sep 9, 2019
• Grant date: Oct 20, 2020
• Expiry date: Sep 9, 2039

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/12
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Embodiments of systems and methods for the aggregation, analysis, display and monetization of pricing data for commodities in general, and which may be particularly useful applied to vehicles are disclosed. Specifically, in certain embodiments, historical transaction data associated with a particular vehicle configuration may be obtained and processed to determine pricing data associated with the vehicle configuration. The historical transaction data or determined pricing data may then be presented in an intuitive manner.