Invention Grant
- Patent Title: System and method for generating maintenance actions of a vehicle based on trained machine learning of monitored vehicle data
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Application No.: US16294221Application Date: 2019-03-06
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Publication No.: US11720862B2Publication Date: 2023-08-08
- Inventor: Geoffrey Dagley , Qiaochu Tang , Habeeb Hooshmand , Micah Price , Staevan Duckworth , Stephen Wylie , Jason Hoover
- Applicant: Capital One Services, LLC
- Applicant Address: US VA McLean
- Assignee: CAPITAL ONE SERVICES, LLC
- Current Assignee: CAPITAL ONE SERVICES, LLC
- Current Assignee Address: US VA McLean
- Agency: Hunton Andrews Kurth LLP
- Main IPC: G06Q10/20
- IPC: G06Q10/20 ; G06Q30/0201

Abstract:
Systems and methods for providing a disposal recommendation for a vehicle are provided. The method includes generating a profile for a first vehicle, the first vehicle being an income generating vehicle and the first vehicle profile including at least age, mileage, and location of the first vehicle, receiving monitoring data of the first vehicle, and receiving sales data for second vehicles, the second vehicles corresponding to the profile. The method may further include generating predicted depreciation data of the first vehicle, based on the sales data and the monitoring data, generating a predicted profit data from the first vehicle, and providing a recommended disposal time for the first vehicle, based on the predicted depreciation data and the predicted profit data.
Public/Granted literature
- US20200285970A1 SYSTEM AND METHOD FOR PROVIDING INVENTORY DISPOSAL RECOMMENDATION Public/Granted day:2020-09-10
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