System and method for generating information relating to a vehicle's history
US9697544B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 23, 2015 |
| Grant date | Jul 4, 2017 |
| Priority date | — |
| Expiry date | Mar 23, 2035 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0203
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for generating information relating to a vehicle's history. In one embodiment, the method includes the steps of identifying records in a database, identifying a target record, identifying a trigger record, determining if the target record indicates an ownership transfer based on the identified trigger record, and generating a price adjustment for the vehicle at least partially based on the ownership transfer. In accordance with another aspect, a vehicle history information system is provided including a database having vehicle history records, a vehicle history report module adapted to retrieve vehicle history records, an ownership module adapted to identify a target record, identify a trigger record, and determine whether the target record indicates an ownership transfer based on the identified trigger record, and a pricing module adapted to generate a price adjustment for the vehicle at least partially based on the ownership transfer.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.