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US 2020/0051102 A1Published application
System and method for aggregation, analysis, presentation and monetization of pricing data for vehicles and other commodities
AssigneeTrueCar, Inc.
InventorsThomas Taira, Scott Painter, Chris Taylor, Robert Taylor, Michael D. Swinson
Life of this patent
Estimating the term…
Abstract
Embodiments of systems and methods for the aggregation, analysis, display and monetization of pricing data for commodities in general, and which may be particularly useful applied to vehicles are disclosed. Specifically, in certain embodiments, historical transaction data associated with a particular vehicle configuration may be obtained and processed to determine pricing data associated with the vehicle configuration. The historical transaction data or determined pricing data may then be presented in an intuitive manner.
Claims21
A system, comprising:
- a vehicle data system coupled to one or more computer devices over a network, comprising:
- a processor;
- and
- a non-transitory computer readable medium, comprising instructions executable to:
- access historical sales data, wherein the historical sales data comprises data on vehicle sales received from a set of data sources coupled to the vehicle data system over the network;
- determine a plurality of sets of the historical sales data, where each of the plurality of sets of historical sales data is associated with a vehicle configuration;
- determine pricing data corresponding to the vehicle configuration by applying one or more models to the set of historical sales data associated with the vehicle configuration, wherein the pricing data includes resulting sale price based data and one or more quantifiable prices determined based on the set of historical sales data associated with the vehicle configuration;
- receive a specified vehicle configuration;
- and
- generate an interface based on the pricing data associated with the specified vehicle configuration, wherein the generation of the interface is initiated substantially simultaneously to the reception of the specified vehicle configuration and the interface is configured to present the pricing data, and wherein the quantifiable prices are presented relative to the resulting sale price based data.
7 more elements
A method, comprising:
- at a vehicle data system coupled to one or more computer devices over a network:
- accessing historical sales data, wherein the historical sales data comprises data on vehicle sales received from a set of data sources coupled to the vehicle data system over the network;
- determining a plurality of sets of the historical sales data, where each of the plurality of sets of historical sales data is associated with a vehicle configuration;
- determining pricing data corresponding to the vehicle configuration by applying one or more models to the set of historical sales data associated with the vehicle configuration, wherein the pricing data includes resulting sale price based data and one or more quantifiable prices determined based on the set of historical sales data associated with the vehicle configuration;
- receiving a specified vehicle configuration;
- and
- generating an interface based on the pricing data associated with the specified vehicle configuration, wherein the generation of the interface is initiated substantially simultaneously to the reception of the specified vehicle configuration and the interface is configured to present the pricing data, and wherein the quantifiable prices are presented relative to the resulting sale price based data.
4 more elements
A non-transitory computer readable medium, comprising instructions for:
- accessing historical sales data, wherein the historical sales data comprises data on vehicle sales received from a set of data sources coupled to the vehicle data system over the network;
- determining a plurality of sets of the historical sales data, where each of the plurality of sets of historical sales data is associated with a vehicle configuration;
- determining pricing data corresponding to the vehicle configuration by applying one or more models to the set of historical sales data associated with the vehicle configuration, wherein the pricing data includes resulting sale price based data and one or more quantifiable prices determined based on the set of historical sales data associated with the vehicle configuration;
- receiving a specified vehicle configuration;
- and
- generating an interface based on the pricing data associated with the specified vehicle configuration, wherein the generation of the interface is initiated substantially simultaneously to the reception of the specified vehicle configuration and the interface is configured to present the pricing data, and wherein the quantifiable prices are presented relative to the resulting sale price based data.
3 more elements
Dependencies are inferred from the claim text.