Invention Grant
US08458012B2 System and method for the analysis of pricing data including a sustainable price range for vehicles and other commodities
有权
定价数据分析的系统和方法,包括车辆和其他商品的可持续价格范围
- Patent Title: System and method for the analysis of pricing data including a sustainable price range for vehicles and other commodities
- Patent Title (中): 定价数据分析的系统和方法,包括车辆和其他商品的可持续价格范围
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Application No.: US12896164Application Date: 2010-10-01
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Publication No.: US08458012B2Publication Date: 2013-06-04
- Inventor: Michael Swinson , Scott Painter
- Applicant: Michael Swinson , Scott Painter
- Applicant Address: US CA Santa Monica
- Assignee: Truecar, Inc.
- Current Assignee: Truecar, Inc.
- Current Assignee Address: US CA Santa Monica
- Agency: Sprinkle IP Law Group
- Main IPC: G06Q10/00
- IPC: G06Q10/00

Abstract:
Embodiments disclosed herein can produce and present sustainable price information to help dealers to price vehicles for sustainability and facilitate consumers in making purchase decisions. In one approach, a sustainable price range for a specific vehicle configuration may be based on an average profit margin (APM) determined utilizing historical sale prices and an estimated actual dealer cost. Other approaches may utilize some or all of the following steps: determine APM and build a model of distribution of profit margins by APM, build a model to adjust APM by certain variables, identify sustainable levels for the inventory, production, and incentives variables feeding into the APM model, plug those in to get the averages for those sustainable levels, identify sustainable percentile cutoffs for a given profit margin, then use this relationship with the now identified sustainable levels as inputs to find the overall sustainable profit margin.
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