Patent ID: 8533073

Claim:
A computer-implemented method of auditing a floorplan loan, said floorplan loan being provided by a lending source to a vehicle dealer, said method comprising: (i) retrieving, using a configured processor, the lending source's records relating to said floorplan loan; (ii) retrieving, using a configured processor, the dealer floorplan records of inventory related to said floorplan loan, said dealer floorplan records including records of funds received and recorded by said dealer related to the floorplan inventory; (iii) comparing, using an audit module, said lending source's records with said dealer floorplan records to determine a variance between said lending source's records and said dealer floorplan records; and (iv) determining, using an audit module, the results of the audit utilizing at least in part said variance; (v) retrieving, using a configured processor, used car inventory and sales history data from said dealer; (vi) analyzing, using a configured processor, said dealer's used car inventory and sales data and a target inventory value to identify one or more categories of cars that are understocked; (vii) obtaining, using a configured processor, from a second dealer and/or an auction house a list of cars that are available for trade or sale; (viii) identifying, using a configured processor, cars on said list of cars that are in the one or more identified categories of understocked cars; and (ix) providing, using a configured processor, computer access to said dealer and to said second dealer and/or said auction house to the list of identified cars and their owners.