Patents Assigned to Veretech, LLC
  • Patent number: 7050982
    Abstract: The invention is directed to a system for generating a lead by determining an estimated for a vehicle. The system may receive vehicle identifying information; receive seller identifying information; receive information for a sample of vehicles of the same make and model as the vehicle; determine a value for vehicle using the vehicle identifying information and the historical information, wholesale sales through auctions and at dealerships; (and also vehicle condition information if provided), and determine an estimated value, estimated value range, or offer price for the vehicle using predetermined buyer criteria and the determined value. This offer may then be transmitted to the seller in the form of a price certificate, appraisal report, etc., and the seller identifying information may be transmittal to the buyer as a sales lead.
    Type: Grant
    Filed: August 14, 2003
    Date of Patent: May 23, 2006
    Assignee: Veretech, LLC
    Inventors: Michael Sheinson, Art DeLaurier, Mike McFall, Santiago Ramirez
  • Publication number: 20040172266
    Abstract: The invention is directed to a system for generating a lead by determining an estimated for a vehicle. The system may receive vehicle identifying information; receive seller identifying information; receive information for a sample of vehicles of the same make and model as the vehicle; determine a value for vehicle using the vehicle identifying information and the historical information, wholesale sales through auctions and at dealerships; (and also vehicle condition information if provided), and determine an estimated value, estimated value range, or offer price for the vehicle using predetermined buyer criteria and the determined value. This offer may then be transmitted to the seller in the form of a price certificate, appraisal report, etc., and the seller identifying information may be transmittal to the buyer as a sales lead.
    Type: Application
    Filed: August 14, 2003
    Publication date: September 2, 2004
    Applicant: VERETECH, LLC
    Inventors: Michael Sheinson, Art Delaurier, Mike McFall, Santiago Ramirez