System and method for providing a price for a vehicle
US12205131B2 · kind B2 · utility
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20Claims
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Assignee
Inventor
Key dates
| Filing date | Oct 3, 2023 |
| Grant date | Jan 21, 2025 |
| Priority date | — |
| Expiry date | Oct 3, 2043 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06F16/2457
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
System and methods for providing a target price for a target vehicle with a target mileage are provided. One exemplary method includes receiving attributes for the target vehicle, receiving prices for sold vehicles having attributes corresponding to the target vehicle attributes, and receiving mileages for the sold vehicles. The exemplary method may further include generating a linear regression model relating the sold vehicle mileages to the sold vehicle prices, and providing the target price for the target vehicle based on the model.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.