Patent ID: 7529694

Claim:
A method providing one or more customers browsing a dealership car lot using wireless handheld devices, an immediate, automatic, and preferred payment estimate or net sale price for one or more vehicles for sale, the method for each customer using a wireless handheld device comprising: recognizing a vehicle identification number of a vehicle for sale by the dealership by the wireless hand held device; transmitting over a wireless network the vehicle identification number by the wireless handheld device to a computer server, the computer server preloaded with vehicle data associated with the vehicle identification number, financing data, factory incentives data, dealership financial data and the customer data, wherein the computer server calculates a preferred payment estimate or net price for the vehicle using the vehicle identification number and the preloaded data, and wherein factory incentives are determined based on the vehicle year, credit tier of the customer and at least the fifth, sixth and seventh digits of the vehicle identification number; transmitting the payment estimate or net price for the vehicle to the wireless handheld device and displaying to the customer; saving the payment estimate or net price for the vehicle by the customer in the handheld device, wherein the method may be repeated to save the payment estimate or net price for each vehicle identification number recognized; terminating by the customer use of the handheld device for browsing by selecting a termination condition recognized by the handheld device; and revealing subsequent to the termination condition saved payment estimate or net price for one or more recognized vehicles to both the customer and dealership staff.