Abstract: Systems and methods for buying and selling one or more vehicles are provided herein. In one embodiment, the systems and methods disclosed herein may provide a guarantee price to a seller of a vehicle. In another embodiment, the systems and methods disclosed herein may provide a fee associated with receiving the guarantee price for the vehicle. Further, in an additional embodiment, the systems and methods disclosed herein may facilitate the purchase and/or execution of a put option for the vehicle.
Type:
Application
Filed:
May 23, 2014
Publication date:
February 26, 2015
Applicant:
Cox Digital Exchange, LLC
Inventors:
Paul David Sims, Greg Easterly, Stan Green, Don Richards-Boeff, Bill Reidy
Abstract: A dealer-to-dealer social marketplace platform for aggregating item inventories and providing the items to potential buyers, sellers, dealers, traders, wholesalers, and/or retailers is provided. Dealers, buyers, and/or other users of the platform may create groups of other platform users to facilitate social and/or trusted networks for viewing and/or exchanging items listed in a seller's inventory.