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US 10,853,831 B2Granted
System and method for sales generation in conjunction with a vehicle data system
AssigneeTrueCar, Inc.
InventorsPhilip Inghelbrecht, Scott Painter
Life of this patent
Estimating the term…
Abstract
Embodiments of sales generation, including sales generation employing reverse lead generation using vehicle data systems and methods, are presented herein. In particular, in certain embodiments a user may utilize the vehicle data system to obtain pricing data corresponding to a desired vehicle configuration. When the user is presented with the pricing data associated with the specified vehicle configuration the user may additionally be presented with an upfront price offered by a dealer, where by providing their personal information the user may obtain the name of the dealer offering the upfront price and may additionally be offered the opportunity to purchase the desired, or similar, vehicle at the upfront price.
Claims19
A vehicle data system comprising
- a processor;
- a non-transitory computer readable medium comprising computer code for processing vehicle data, the computer code comprising instructions for:
- obtaining a set of vehicle price records from a first set of distributed sources;
- binning the vehicle price records based on at least one vehicle attribute and geography;
- applying a first set of rules to the vehicle price records to generate a dealer quality score for each dealer in a set of dealers as a function of historical upfront prices offered for vehicles and actual prices at which the vehicles were sold to consumers;
- applying a second set of rules to determine at least one upfront price from at least one of the set of dealers that corresponds to a user-specified vehicle configuration;
- providing a web page to a client computer, the web page having one or more input fields for a user to provide the user-specified vehicle configuration comprising a set of user-specified vehicle attributes;
- receiving over a network the set of user-specified vehicle attributes;
- and
- generating a responsive web page in response to the user submitting the user-specified vehicle attributes comprising the upfront price.
7 more elements
A vehicle data system comprising
- a processor;
- a non-transitory computer readable medium comprising computer code for processing vehicle data, the computer code comprising instructions for:
- obtaining a set of vehicle price records from a first set of distributed sources;
- binning the vehicle price records based on at least one vehicle attribute and geography;
- applying a first set of rules to the vehicle price records to generate a dealer quality score for each dealer in a set of dealers as a function of historical upfront prices offered for vehicles and actual prices at which the vehicles were sold to consumers;
- applying a second set of rules to determine a set of selected dealers as a function of a user-specified geography, a user-specified vehicle configuration, and the dealer quality scores;
- applying a third set of rules to determine at least one upfront price from at least one of the set of dealers that corresponds to a user-specified vehicle configuration;
- providing a web page to a client computer, the web page having one or more input fields for a user to provide the user-specified vehicle configuration comprising a set of user-specified vehicle attributes;
- receiving over a network the set of user-specified vehicle attributes;
- and
- generating a responsive web page in response to the user submitting the user-specified vehicle attributes comprising the upfront price on a curve about an average price for the user-selected configuration, the curve based on a set of historical price records corresponding to a selected bin selected based on a user-specified geography and at least one user-specified attribute.
8 more elements
A vehicle data system comprising:
- a processor;
- a non-transitory computer readable medium comprising computer code for processing vehicle data, the computer code comprising instructions for:
- obtaining a set of vehicle price records from a first set of distributed sources;
- applying cleansing rules to the set of vehicle price records to generate a set of cleansed vehicle price records, comprising applying a first set of rules to cleanse the vehicle price records, the first set of rules defining transaction records to be removed as a function of one or more of required fields, transaction price, total gross or mileage;
- applying a second set of rules to the set of cleansed vehicle price records to generate a dealer quality score for each dealer in a set of dealers as a function of historical upfront prices offered for vehicles and actual prices at which the vehicles were sold to consumers;
- applying a third set of rules to determine a set of selected dealers as a function of a user-specified geography, a set of user-specified vehicle attributes, and the dealer quality scores;
- applying a fourth set of rules to determine at least one upfront price from at least one of the set of dealers that corresponds to a user-specified vehicle configuration;
- providing a web page to a client computer, the web page having one or more input fields for a user to provide the user-specified vehicle configuration comprising a set of user-specified vehicle attributes;
- receiving over a network the set of user-specified vehicle attributes;
- and
- generating a responsive web page in response to the user submitting the user-specified vehicle attributes comprising the upfront price.
8 more elements
Dependencies are inferred from the claim text.