Invention Grant
- Patent Title: Systems and methods for valuation of a vehicle
-
Application No.: US17396142Application Date: 2021-08-06
-
Publication No.: US11983745B2Publication Date: 2024-05-14
- Inventor: Chih-Hsiang Chow , Elizabeth Furlan , Steven Dang
- 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: Banner & Witcoff, Ltd.
- Main IPC: G06Q30/02
- IPC: G06Q30/02 ; G06F16/9535 ; G06F16/9538 ; G06N3/08 ; G06Q30/0283 ; G06Q30/0601 ; G06Q40/00 ; G06Q50/16 ; G06T7/00

Abstract:
Aspects described provide systems and methods that relate generally to image analysis and, more specifically, identifying individual components and elements in an image. The systems and methods include a valuation application executing one or more application program interfaces (APIs) communicating with one or more websites via a network, where the user is prompted to enter information and/or take pictures or videos of their vehicle that they would like to sell. The valuation application utilizes a machine learning model to identify and value the various vehicle components within the images and videos. Based on the machine learning model, the valuation application identifies each component according to the images and videos and performs a search to determine the value of the components identified. The valuation application tabulates and summarizes the vehicle component resale values and resell information for the user to view.
Public/Granted literature
- US20230042156A1 SYSTEMS AND METHODS FOR VALUATION OF A VEHICLE Public/Granted day:2023-02-09
Information query