Method, apparatus and program product for facilitating transfer of vehicle leases

Inactive Publication Date: 2005-07-28
JOSEPH RON
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  • Abstract
  • Description
  • Claims
  • Application Information

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Benefits of technology

[0008] In still a further aspect, a method for facilitating transfer of vehicle leases between parties involves providing a database of vehicle lease records concerning vehicle leases available for transfer. Access to at least certain information concerning vehicle lease records in the vehicle lease database is provided via a computer network. A lease action engine is provided for modifying the vehicle lease database, and controlled access to the lease action engi

Problems solved by technology

One problem associated with vehicle leases is their fixed term.
Often times the fees associated with terminating a lease early are undesirably high, but the fees associated with transferring the lease to another party may be less substan

Method used

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  • Method, apparatus and program product for facilitating transfer of vehicle leases
  • Method, apparatus and program product for facilitating transfer of vehicle leases
  • Method, apparatus and program product for facilitating transfer of vehicle leases

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Example

[0036] A second embodiment of a method and system for facilitating transfer of vehicle leases between parties is now described with reference to FIGS. 4-9. FIG. 4 depicts the process options available to a user who has entered the Home page 100 of the lease system web site. Home page 100 provides a user the ability to link to various options of the web site including a sell lease link 102, a registered user sign in link 104, a search for vehicle link 106, a category search link 108, and additional information link 110 and a “cool things” link 112. Of course, other links or options could be provided.

[0037] Referring to FIG. 5, a searching user / buyer process 120 is shown. A user selecting the search for a vehicle link 106 may be taken to a web page or pages 122 where a user can utilize a search engine to enter certain search parameters for the types of vehicles of interest to the searching user. These parameters may, for example, include the city and state of residence of the owner o...

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PUM

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Abstract

A method for facilitating transfer of vehicle leases between parties involves providing a database of vehicle lease records concerning vehicle leases available for transfer. A search engine is provided for searching the vehicle lease database according to entered criteria, the search engine operable to identify available vehicle lease records which meet the entered criteria. Access to the search engine is provided via a computer network. Upon execution of a given search including criteria entered by a searching user, the searching user is provided, via the computer network, with vehicle lease information concerning at least one matching vehicle lease record which meets the entered criteria of the given search, if such a matching vehicle lease record exists.

Description

CROSS-RELATED TO RELATED APPLICATIONS [0001] This application is a continuation of U.S. patent application Ser. No. 09 / 775,002 filed on Jan. 7, 2001 by Ron Joseph, entitled “SYSTEM AND METHOD FOR FACILITATING TRANSFER OF VEHICLE LEASES,” which claims the benefit of Provisional Application Ser. No. 60 / 180,264 filed Feb. 4, 2000. The disclosures of each of these applications are incorporated by reference herein.FIELD OF THE INVENTION [0002] The present invention relates to a system and method for facilitating transferring vehicle leases from a lessee to a new lessee and, more particularly, a system and method for facilitating transferring vehicle leases via the Internet or other large scale computer network. BACKGROUND OF THE INVENTION [0003] For a variety of reasons persons often choose to lease a vehicle rather than purchase it outright. Many times the lease option provides the ability to lower monthly payments, permitting a person to better afford his or her vehicle of choice. One ...

Claims

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Application Information

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IPC IPC(8): G06Q30/06
CPCG06Q30/06G06Q30/0601G06Q40/04G06Q30/0625G06Q30/0609
Inventor JOSEPH, RON
Owner JOSEPH RON
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