Patent ID: 7349870
Filing Date: 2008-03-25
Classification: G06Q

Abstract:
1. A method for the resale of vehicles comprising the steps of: downloading auction data for a plurality of auctions from a third party database; storing said downloaded auction data in a system server, said auction data corresponding to a schedule of auctions for resale of vehicles; providing access to said system server by way of a web site; allowing a user to access said system server to consign a vehicle to one of said plurality of auctions; inputting vehicle information about said vehicle into said system server; said system server determining an adjusted floor price for said vehicle based upon said vehicle information; consigning said vehicle by said system server by transmitting said adjusted floor price to said one of said plurality of auctions; and notifying said one of said plurality of auctions of said vehicle consigned and said adjusted price to said one auction at said web site.