GENERATING CUSTOMER-SPECIFIC VEHICLE PROPOSALS FOR POTENTIAL VEHICLE CUSTOMERS

摘要

Methods, systems and computer program products for generating customer-specific vehicle proposals based on ongoing vehicle finance pay-off information that may be received from a third party entity and stored in a large database. Embodiments of the invention herein disclosed provide for efficient identification of potential customers based on their current vehicle and the ongoing financial obligation related to the current vehicle. A replacement vehicle is identified and a vehicle proposal, such as a sales or lease proposal, is generated for one or more of the identified potential customers.

主权项

1. A method for providing vehicle proposals, the method comprising:
receiving, from a third-party entity, a vehicle finance listing of customers, wherein the listing includes, for each customer, identification of a first vehicle having ongoing vehicle financing with the third-party entity and first vehicle finance pay-off information; identifying second vehicles to propose to one or more of the customers included in the vehicle finance listing, wherein the second vehicles are similar in make and model to the first vehicles; determining, by a computing device processor, for each of the one or more customers, a customer-specific vehicle proposal for the identified second vehicles, wherein the customer-specific vehicle proposal is based at least in part on an estimated market value of the first vehicle; automatically evaluating the customer-specific vehicle proposal to predict whether the proposal is likely to be desirable, without receiving a request from the customer, by comparing a current payment amount for the first vehicle from the ongoing vehicle financing with a potential payment amount for the second vehicle to determine a difference in payments; and communicating, by a computing device, the customer-specific vehicle proposal to a dealer for presentation to the associated customer if the difference in payments is less than or equal to a preset threshold.