Method and system for facilitating purchase of vehicles by buyers and/or sale of vehicles by sellers

Method and system for facilitating purchase of vehicles by buyers and/or sale of vehicles by sellers

A data platform may comprise a machine learning model indicative of a propensity of a buyer to buy a respective vehicle of a plurality of vehicles for sale. The data platform may execute the machine learning model on vehicle-related data for the plurality of vehicles to determine a propensity to buy...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Mahlik, Justin, Esposito, Thomas, Manganaro, John, Kozlowski, Tomasz, Whitver, Jacob, Grau, Kayne
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A data platform may comprise a machine learning model indicative of a propensity of a buyer to buy a respective vehicle of a plurality of vehicles for sale. The data platform may execute the machine learning model on vehicle-related data for the plurality of vehicles to determine a propensity to buy score for a respective vehicle. Each of the vehicles may then be sorted by its propensity to buy score. A client terminal may display a list of vehicles for the buyer to buy, where the list is ordered such that a first vehicle in the list has a highest propensity to buy score and a last vehicle in the list has a lowest propensity to buy score.