Patents Assigned to ON THE BLOCK, L.L.C.
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Publication number: 20210295424Abstract: A system for transacting vehicle sales and purchases is presented. The system includes a standard listing section wherein a vehicle is listed for sale; an auction block section wherein a vehicle is auctioned off wherein a system-mandated maximum floor and maximum ceiling prices are set; a lease and lease swap service which provides a marketplace where leased vehicles are listed and transferred and leases assigned and assumed; among other services. The standard listing tab facilitates transactions by providing both buyers and sellers an online portal to negotiate and finalize transaction terms remotely. The system also provides the parties real time data with regard to pricing, financing, transportation costs, vehicle history reports, third-party vehicle history inspections, and access to certified pre-owned vehicle programs and warranty programs. The combination of these services will reduce transaction time, costs and barriers to entry, while providing a higher degree of confidence when transacting vehicles.Type: ApplicationFiled: April 7, 2021Publication date: September 23, 2021Applicant: ON THE BLOCK, L.L.CInventor: Chad C. Fisher
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Publication number: 20190172128Abstract: A system for transacting vehicle sales and purchases is presented. The system includes a standard listing section wherein a vehicle is listed for sale; an auction block section wherein a vehicle is auctioned off wherein a system-mandated maximum floor and maximum ceiling prices are set; a lease and lease swap service which provides a marketplace where leased vehicles are listed and transferred and leases assigned and assumed; among other services. The standard listing tab facilitates transactions by providing both buyers and sellers an online portal to negotiate and finalize transaction terms remotely. The system also provides the parties real time data with regard to pricing, financing, transportation costs, vehicle history reports, third-party vehicle history inspections, and access to certified pre-owned vehicle programs and warranty programs. The combination of these services will reduce transaction time, costs and barriers to entry, while providing a higher degree of confidence when transacting vehicles.Type: ApplicationFiled: February 11, 2019Publication date: June 6, 2019Applicant: ON THE BLOCK, L.L.CInventor: Chad C. Fisher
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Patent number: 10152744Abstract: The invention is a method that provides steps for integrating a vehicle, having a unique vehicle identification number, with steps of accessing third-party databases, generating information regarding the vehicle to facilitate a transfer of rights in the vehicle together with pricing options. Information extracted from the unique vehicle identifier is generated and displayed for access by users who can review the information from a number of separate locations and pursue a transfer of rights in the vehicle. The methods include the capability for accessing third-party databases and dealer inventory databases via an integrated network that may display simultaneous data for a vehicle from each of a dealer and another party where the displays are dynamically synched.Type: GrantFiled: December 5, 2016Date of Patent: December 11, 2018Assignee: ON THE BLOCK, L.L.C.Inventor: Chad C. Fisher
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Patent number: 10152745Abstract: The invention assembles an automobile, a network, and a database to selectively integrate data regarding the automobile and comprised of information extracted from a unique vehicle identifier, and a geographical location. The integrated assembly permits generation of information facilitating sales of the automobile in a system accessible by multiple users. The system integrated also features interconnections with third party databases contributing particular information regarding the geographical information regarding the vehicle. Dealer inventory data links may also facilitate direct connection between the network and a dealer network.Type: GrantFiled: December 5, 2016Date of Patent: December 11, 2018Assignee: ON THE BLOCK, L.L.C.Inventor: Chad C. Fisher
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Patent number: 9779451Abstract: A system for auctioning a vehicle through the internet and through the collaboration of a vehicle dealer and an auction house. The system includes a vehicle dealer having their own website, and an auction house having their own website. Through collaboration between the vehicle dealer and the auction house various other cobranded websites are presented for the auction of vehicles. These cobranded websites are accessible either through the vehicle dealer website or the auction house website, and are either hosted on the vehicle dealer website or the auction house website. In this way, greater access is provided to the vehicle auction while maintaining the continuity of experience for the buyer, thereby increasing sales and internet traffic.Type: GrantFiled: April 24, 2014Date of Patent: October 3, 2017Assignee: ON THE BLOCK, L.L.C.Inventor: Chad C. Fisher
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Publication number: 20150254762Abstract: A system for auctioning a vehicle through the internet and through the collaboration of a vehicle dealer and an auction house. The system includes a vehicle dealer having their own website, and an auction house having their own website. Through collaboration between the vehicle dealer and the auction house various other cobranded websites are presented for the auction of vehicles. These cobranded websites are accessible either through the vehicle dealer website or the auction house website, and are either hosted on the vehicle dealer website or the auction house website. In this way, greater access is provided to the vehicle auction while maintaining the continuity of experience for the buyer, thereby increasing sales and internet traffic.Type: ApplicationFiled: April 24, 2014Publication date: September 10, 2015Applicant: ON THE BLOCK, L.L.C.Inventor: Chad C. Fisher