THEODORE L REIMEL
Vehicle Board in Delaware
License number
Pennsylvania MV109130L
Category
Vehicle Board
Type
Vehicle Salesperson
Address
Address
2
Delaware
Wayne, PA 19087
Wayne, PA 19087
Professional information
Method And System For Providing A Guaranteed Offer Price For A Vehicle
US Patent:
2012000, Jan 5, 2012
Filed:
Jul 2, 2010
Appl. No.:
12/829442
Inventors:
Robert HOLLENSHEAD - Exton PA, US
Theodore Reimel - Wayne PA, US
Theodore Reimel - Wayne PA, US
Assignee:
BUYBOOK TECHNOLOGY, INC. - Manheim PA
International Classification:
G06Q 10/00
US Classification:
705306
Abstract:
Methods and systems for generating a guaranteed offer price for a vehicle are disclosed. An appraisal device selects a price adjustment category for the vehicle from a set of stored price adjustment categories. The appraisal device determines a base value for the vehicle by modifying a market value of a vehicle type based on an amount corresponding to the selected price adjustment category. Modifiers are determined based on vehicle information received from the user computer and the price adjustment category selected from the data storage device. The modifier is limited to a threshold value. The appraisal device determines guaranteed offer price for the vehicle by combining the base value and the modifier values. An offer certificate is provided to the user that indicates the guaranteed offer price for the particular vehicle, which the appraiser is obligated to pay the dealer.
Method And System For Providing A Certified Swap Price For A Vehicle
US Patent:
2013000, Jan 3, 2013
Filed:
Jul 1, 2011
Appl. No.:
13/175231
Inventors:
Robert HOLLENSHEAD - Exton PA, US
Theodore Reimel - Wayne PA, US
Theodore Reimel - Wayne PA, US
Assignee:
BuyBook Technologies, Inc. - Manheim PA
International Classification:
G06Q 30/00
US Classification:
705 2641
Abstract:
Methods and systems are provided that swap certified pre-owned vehicles between dealers. One exemplary computer-implemented method for swapping CPO vehicles includes receiving, by a swap facilitating computer, a request to swap a first CPO vehicle for another CPO vehicle; and determining, by the swap facilitating computer using stored market values, a first base price of the first CPO vehicle and displaying available CPO vehicles or permitting inputting of identification for the other CPO vehicle having a second base price. The exemplary method further includes facilitating an offer to swap the first CPO vehicle for the other CPO vehicle by establishing base prices for each of the CPO vehicles, wherein the base prices can be first and second guaranteed prices.