Truecar, Inc.

Joel Martin Lander

Michael D Swinson

Mikhail Semeniuk

Systems, methods and computer program products for determining costs of vehicle repairs and times to major repairs. In one embodiment, a system includes a computer processor, a data storage device, and an output device. The processor receives information from a user identifying a vehicle of interest. The processor retrieves repair data items that have characteristics common to the vehicle of interest from a database stored in the data storage device. The processor determines repairs that are expected to be necessary for the vehicle of interest based on the retrieved repair data items, and determines the costs associated with the identified expected repairs. The processor provides output to the user indicating the repair costs and/or the times at which the repairs are likely to be necessary. The output may be in graphical and/or numerical form.

Systems and methods for determining costs of vehicle repairs and times to major repairs

Systems and methods for assisting a vehicle owner in making decisions regarding when to replace a vehicle by determining a vehicle owner's satisfaction with the vehicle relative to the cost of owning the vehicle. In one embodiment, a system is configured to provide a model for owner satisfaction which is based on historical vehicle replacement information, but is tailored to a particular owner according to user input. An owner satisfaction curve is produced from this model and is compared to a cost-of-ownership curve that is tailored to the vehicle and possibly also the user. The owner satisfaction curve is compared to the cost-of-ownership curve to enable the user to determine where the cost of ownership exceeds the owner's satisfaction, and the vehicle should be replaced.

Systems and methods for determining the time to buy or sell a vehicle

Systems and methods for estimating the cost of vehicle ownership wherein, in one embodiment, a system includes a computer processor that is coupled to a network interface, a data storage device and an output device, the processor being configured to receive information identifying a user-specified vehicle of interest and interval of interest. The processor uses this information to identify and retrieve pre-calculated data items that are stored in the data storage device, and to request external data items from an external data source and receive the requested external data items via the network interface. The processor computes cost-of-vehicle-ownership (COVO) components for the vehicle of interest, sums the components to determine an overall COVO, and outputs the components and overall COVO to a user via the output device. The user may provide further input to modify the COVO calculation.

Growing community of inventors

Santa Monica, CA, United States of America

Joel Martin Lander