The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 13, 2018
Filed:
Mar. 07, 2014
Innova Electronics, Inc., Irvine, CA (US);
Ieon C. Chen, Laguna Hills, CA (US);
Michael Nguyen, Norwalk, CA (US);
Robert Madison, Eastvale, CA (US);
Keith Andreasen, Garden Grove, CA (US);
Innova Electronics Corporation, Irvine, unknown;
Abstract
A method is disclosed for determining the cost of operating a vehicle over a defined period of time. The method proceeds by establishing, on a database, a schedule of anticipated future repairs for a plurality of vehicle types, the repair schedule including the cost of the repairs and the approximate mileage at which the anticipated future repair(s) are expected to become necessary. A processor, in communication with the database, receives information identifying a particular of vehicle, and the present mileage associated with that particular vehicle. Using the vehicle type information, the vehicle's present mileage information and the repair schedule, the processor then computes the approximate total future repair costs for maintaining the vehicle over a defined period of time.