System and method for submitting an offer to purchase over a...

Details System and method for submitting an offer to purchase over a... System and method for submitting an offer to purchase over a...

2007-05-22

2007-05-22

Garg, Yogesh C. (Department: 3625)

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

Automated electrical financial or business practice or...

Electronic shopping

C705S004000, C705S022000, C705S027200, C705S037000, C705S038000, C715S252000, C715S252000

Reexamination Certificate

active

10444916

ABSTRACT:
A system and method to facilitate a transaction in a network-based commerce facility is provided. The method includes presenting a plurality of listings to a user, and monitoring selection of one of the plurality of listings by the user. Thereafter, the user is provided with an indication of an equivalent periodic payment of a plurality of periodic payments associated with an offer to purchase. In one embodiment, the user is provided with an option to conclude the transaction for the selected listing based on a plurality of periodic payments. In certain embodiments, the network-based commerce facility is a web-based auction facility where the offers are in the form of bids. Accordingly, in this embodiment, the periodic payment may be a monthly payment and the products are movable goods such as motor vehicle, motorcycles, watercraft, or the like.

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web pages of the cars.com web site published on Jan. 26, 2002, extracted from Internet on Jun. 25, 2005 , marked as pp. 1-11), hereinafter referred to cars.com.

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