THOMAS JOHN DOLL
Accountancy in Miquon, PA
License number
Pennsylvania CA013043L
Category
Accountancy
Type
Certified Public Accountant
Address
Address
Miquon, PA 19444
Professional information
Systems And Methods Of Providing A Guaranteed Price For A Used Durable Good
US Patent:
8392264, Mar 5, 2013
Filed:
Aug 28, 2008
Appl. No.:
12/230428
Inventors:
Thomas J. Doll - Lafayette Hill PA, US
Assignee:
Subaru of America, Inc. - Cherry Hill NJ
International Classification:
G06Q 30/00
US Classification:
705 261
Abstract:
Systems and methods are provided for periodically calculating a guaranteed price for a used durable good, such as an automobile. The current guaranteed price is continuously accessible by an owner of the used durable good for an extended period, and the owner can receive at least the value of the guaranteed price at the owner's discretion. A guarantor of the calculated guaranteed price backs a transaction that ensures that the owner receives at least the value of the current guaranteed price in exchange for the used durable good. The transaction may include a trade-in of the used durable good.