Interactive vehicle auction and sale system

Details Interactive vehicle auction and sale system Interactive vehicle auction and sale system

2011-03-15

2011-03-15

Misiaszek, Michael A. (Department: 3625)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Electronic shopping

C705S026100, C705S027100, C705S027200

Reexamination Certificate

active

07908180

ABSTRACT:
An online automobile auction, which allows the consumer to participate by using their home or portable computers and accessing the system via an Internet connection. Before the designated time for an auction, the consumer may access the database of available automobiles. Along with displaying visual depictions of the vehicles, the computer system affords the consumer the ability to access statistics on the current inventory of vehicles. Prior to the auction, using an automated auction feature, a plurality of bidders input their minimum starting bid, the maximum bid and the incrementing value. Bidders are also allowed to bid on vehicles during the auction process.

REFERENCES:
patent: 5774873 (1998-06-01), Berent et al.
patent: 6449601 (2002-09-01), Friedland et al.
patent: 2002/0046148 (2002-04-01), Alaia et al.
“Auctions Creep Into All Kinds of Sites (Because They're Fun)” Sally McGraine. New York Times. (Late Edition (East Coast)). New York, NY.: Mar. 29, 2000, p. H.33. Retrieved via ProQuest on Oct. 25, 2010.
“Would you buy a used car from this site?” David H. Freedman. Forbes. New York: Nov. 29, 1999. p. 51. Retrieved via ProQuest on Oct. 25, 2010.

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