Lead generation systemusing buyer criteria
AssigneeVeretech, LLC
InventorsMichael Sheinson, Art Delaurier, Mike McFall, Santiago Ramirez
Life of this patent
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AssigneeVeretech, LLC
InventorsMichael Sheinson, Art Delaurier, Mike McFall, Santiago Ramirez
Estimating the term…
The invention is directed to a system for generating a lead by determining an estimated for a vehicle. The system may receive vehicle identifying information; receive seller identifying information; receive information for a sample of vehicles of the same make and model as the vehicle; determine a value for vehicle using the vehicle identifying information and the historical information, wholesale sales through auctions and at dealerships; (and also vehicle condition information if provided), and determine an estimated value, estimated value range, or offer price for the vehicle using predetermined buyer criteria and the determined value. This offer may then be transmitted to the seller in the form of a price certificate, appraisal report, etc., and the seller identifying information may be transmittal to the buyer as a sales lead.
In a method for generating a lead for a potential buyer by determining an estimated value for a vehicle by a potential seller, said method comprising the steps of:
10 The method of claim 1, wherein said estimated value is provided as a trade-in allowance accounting for state sale tax.
In a method for generating a lead to a potential buyer by determining an estimated value range for a vehicle for a potential seller, said method comprising the steps of:
18 The method of claim 14, wherein a low end of said range is a wholesale value derived from auction data from wholesales vehicle sales, and a high end is calculated as a percentage above said low end range.
20 The method of claim 18, wherein said percentage is between about 8 to 10 percent.
20 The method of claim 14, wherein said estimated value is provided as a trade-in allowance accounting for state sale tax.
An apparatus for generating a lead for a potential buyer by independently determining an estimated value for a vehicle by a potential seller said apparatus comprising:
An apparatus for determining an estimated value range for a vehicle using one or more buyer criteria, said apparatus comprising:
Dependencies are inferred from the claim text.