Loading patent…
OwnerKarey Davidson, Tracy White +2inventors
InventorsKarey Davidson, Tracy White, Kelly Tingle, Maria Maffia
Estimating the term…
A business method is disclosed wherein a warranty against theft is sold by a vendor to an automotive dealer for substantially each vehicle in its inventory, the warranty being in favour of the dealer and its assigns and cancellable, for full credit, by the dealer if it is made the subject of a dealer trade. In order for the warranty to be in effect, the dealer must apply indicia to the windows of the vehicle when it enters inventory, and must attempt to charge vehicle purchasers a fee. The vendor arms the dealer with material describing the likelihood of a vehicle being stolen and which explains the steps taken by the dealer to obtain the benefit of the warranty for the purchaser, specifically, the etching service, and the benefits afforded by the warranty.
A business method wherein an intangible product is sold by a vendor to an automotive dealer for substantially each vehicle in the inventory of such dealer, such intangible product being an entitlement in favour of the dealer or any transferee therefrom, or subsequent transferee, wherein the entitlement is irrevocably associated with said each vehicle and is cancellable at the instance of the dealer in the event that the vehicle is made the subject of a dealer trade, whereupon the vendor reimburses the dealer for its purchase price of the product.
Dependencies are inferred from the claim text.