초록 ▼

A transaction management system and method of validating the sale of an asset. The system may be used by a vehicle dealership to evaluate a customer's credit risk, budgetary factors, and profitability of the sale during negotiations for sale of a vehicle, thereby facilitating the sale from both the

A transaction management system and method of validating the sale of an asset. The system may be used by a vehicle dealership to evaluate a customer's credit risk, budgetary factors, and profitability of the sale during negotiations for sale of a vehicle, thereby facilitating the sale from both the customer's and dealership's point of view by properly structuring the transaction. The system enables the dealer to pool front-end and back-end profit items to maximize profits. The system performs expert functions to funnel the customer's credit information into a best fit with one of a plurality of specific finance program tiers.

대표청구항 ▼

[ What is claimed is:] [1.] In a data processing unit having a memory and capable of executing software code, a method of selecting a seller's best profit financial program from a rank ordered, plurality of financial programs, comprising the steps of:(1) providing a sales price of an asset;(2) retri

[ What is claimed is:] [1.] In a data processing unit having a memory and capable of executing software code, a method of selecting a seller's best profit financial program from a rank ordered, plurality of financial programs, comprising the steps of:(1) providing a sales price of an asset;(2) retrieving credit information unique to a customer from the memory;(3) retrieving one or more credit questions from the memory;(4) receiving a credit answer, indicative of the customer, responsive to each of the credit questions;(5) automatically selecting one of the predetermined rank ordered financial programs based upon the credit information and the credit answers; and(6) iterating steps (3) through (5) multiple times until a seller's best profit financial program is selected, wherein the selected financial program may be different than a previously selected financial program.