Patent ID: 9697544
Date: 2017-07-04
CPC Classifications: G06Q

Claim:
1. A computer-implemented method comprising: obtaining, from a client device, a vehicle identification number assigned to a vehicle; retrieving, from one or more record databases, historical data for the vehicle using the obtained vehicle identification number; extracting, by a vehicle history unit and from one or more target records in the historical data, data indicating at least one of: (i) a first ownership of the vehicle, (ii) a change of address associated with the vehicle and no change in ownership of the vehicle, and (iii) a change in ownership of the vehicle, wherein the vehicle history unit is connected to the one or more record databases and wherein extracting, from the one or more target records in the historical data, data indicating the first ownership of the vehicle, comprises: determining, by the vehicle history unit, a number of owners based on the extracted data indicating at least one of: (i) the first ownership of the vehicle, (ii) the change of address associated with the vehicle with no change in ownership of the vehicle, and (iii) the change in ownership of the vehicle; determining, by the vehicle history unit, a customized price for the vehicle based on a base price of the vehicle and the number of owners of the vehicle, wherein determining the customized price for the vehicle comprises adjusting the base price of the vehicle based on the comparison of the number of owners of the vehicle with a number of owners of other comparable vehicles; and providing, by a communications managing module that is connected together with the vehicle history unit, the customized price for the vehicle to the client device through a graphical user interface of the client device.