Invention Application
US20130006876A1 SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT FOR GEO-SPECIFIC VEHICLE PRICING
审中-公开
用于特定车辆定价的系统,方法和计算机程序产品
- Patent Title: SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT FOR GEO-SPECIFIC VEHICLE PRICING
- Patent Title (中): 用于特定车辆定价的系统,方法和计算机程序产品
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Application No.: US13173357Application Date: 2011-06-30
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Publication No.: US20130006876A1Publication Date: 2013-01-03
- Inventor: Michael Swinson , Param Pash Kaur Dhillon , Thomas J. Sullivan , Xingchu Liu
- Applicant: Michael Swinson , Param Pash Kaur Dhillon , Thomas J. Sullivan , Xingchu Liu
- Main IPC: G06Q99/00
- IPC: G06Q99/00

Abstract:
Disclosed are embodiments for the aggregation and analysis of vehicle prices via a geo-specific model. Data may be collected at various geo-specific levels such as a ZIP-Code level to provide greater data resolution. Data sets taken into account may include demarcation point data sets and data sets based on vehicle transactions. A demarcation point data set may be based on consumer market factors that influence car-buying behavior. Vehicle transactions may be classified into data sets for other vehicles having similar characteristics to the vehicle. A geo-specific statistical pricing model may then be applied to the data sets based on similar characteristics to a particular vehicle to produce a price estimation for the vehicle.
Public/Granted literature
- US10296929B2 System, method and computer program product for geo-specific vehicle pricing Public/Granted day:2019-05-21
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