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US 12,182,840 B2Granted
System and method of matching a seller of a vehicle to a buyer of a vehicle
AssigneeBacklotCars, Inc.
InventorsDavid Horen, Daniel Duncan, Jason Houseworth
Life of this patent
Estimating the term…
Abstract
Systems, methods, and media for matching a seller of a vehicle with a buyer of a vehicle in a dealer-to-dealer transaction are described. Information indicative of a vehicle may be obtained from the seller of the vehicle. The vehicle may be matched with a buyer based at least in part on information associated with the buyer and information indicative of the vehicle. Bid offers may be presented to the seller on behalf of the buyer. When a vehicle price is agreed upon, a financial transaction and transportation of the vehicle may be facilitated by the matching system.
Claims22
A method of configuring automatic operation with input from a seller and for subsequent at least partly automatic selling of a plurality of vehicles for sale, the method comprising:
- generating one or more seller graphical user interfaces (GUIs) in order to solicit seller input from the seller for configuring automatic operation:
- (i) at a beginning of an auction for the plurality of vehicles including automatically generating an initial price;
- and (ii) during the auction for automatically performing whether to counter-offer or how much to counter-offer in response to a buyer bid;
- for each of the plurality of vehicles:
- receiving a triggering event, the triggering event indicative of at least one process associated with the sale of a respective vehicle of the plurality of vehicles;
- and
- responsive to the triggering event and in real time:
- automatically generating, based on the seller input previously solicited via the one or more seller GUIs, the initial price for the respective vehicle;
- accessing information indicative of one or more vehicle factors of interest to one or more buyers and to the seller;
- determining, based on the accessed information, a respective buyer whose associated one or more vehicle factors matches one or more factors associated with the respective vehicle;
- responsive to determining that the respective buyer whose associated one or more vehicle factors matches the one or more factors associated with the respective vehicle, in real time, receiving a buyer bid for the respective vehicle;
- automatically determining, based the seller input previously solicited via the one or more seller GUIs, whether to counter-offer the buyer bid of the respective buyer;
- and
- responsive to automatically determining to counter-offer the buyer bid of the respective buyer, automatically generating a counter-bid to the buyer bid,
- wherein at least one computing device performs:
- (i) automatically generating, based on the seller input previously solicited via the one or more seller GUIs, the initial price for the respective vehicle;
- (ii) automatically determining, based the seller input previously solicited via the one or more seller GUIs, whether to counter-offer the buyer bid of the respective buyer;
- and
- (determining, based on the accessed information, the respective buyer whose associated one or more vehicle factors matches one or more factors associated with the respective vehicle;
- and
- wherein the at least one computing device performs (i) and (ii) independently of (iii);
- and
- wherein machine learning is used in at least one aspect of the method.
20 more elements
A system for configuring and at least partly automatic selling of a plurality of vehicles, the system comprising:
- a memory;
- and
- at least one processor, the at least one processor is in communication with the memory, is configured to use machine learning, and is configured to:
- generate and send one or more seller graphical user interfaces (GUIs) for transmission to a seller, the one or more seller GUIs indicative of soliciting seller input from the seller in configuring automatic operation:
- (i) at a beginning of an auction for the plurality of vehicles including automatically generating an initial price;
- and (ii) during the auction for automatically performing whether to counter-offer or how much to counter-offer in response to a buyer bid;
- responsive to sending the one or more seller GUIs, receive input regarding configuring automatic operation:
- (i) at the beginning of the auction for the plurality of vehicles including automatically generating the initial price;
- and (ii) during the auction for automatically performing whether to counter-offer or how much to counter-offer in response to the buyer bid;
- for each of the plurality of vehicles:
- receive a triggering event, the triggering event indicative of at least one process associated with a sale of a respective vehicle of the plurality of vehicles;
- and
- responsive to receiving the triggering event and in real-time:
- automatically generate, based on the seller input previously solicited via the one or more seller GUIs, the initial price for the respective vehicle;
- access information indicative of one or more vehicle factors of interest to one or more buyers and to the seller;
- determine, based on the accessed information, a respective buyer whose associated one or more vehicle factors matches one or more factors associated with the respective vehicle;
- responsive to determining that the respective buyer whose associated one or more vehicle factors matches the one or more factors associated with the respective vehicle, in real time, receive a buyer bid for the respective vehicle;
- automatically determine, based the seller input previously solicited via the one or more seller GUIs, whether to counter-offer the buyer bid of the respective buyer;
- and
- responsive to automatically determining to counter-offer the buyer bid of the respective buyer, automatically generate a counter-bid to the buyer bid;
- wherein the at least one processor is configured to automatically generate the initial price for the respective vehicle and to automatically determine whether to counter-offer the buyer bid independently of automatically determining the respective buyer.
18 more elements
Dependencies are inferred from the claim text.