{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11282134","patent":{"patent_number":"US-11282134","title":"System and method for online vehicle auctions and auctions or other price determining events for other goods and services","assignee":null,"inventors":[],"filing_date":"2019-10-01T00:00:00.000Z","publication_date":"2022-03-22T00:00:00.000Z","cpc_codes":["G06Q"],"num_claims":8,"abstract":"A system and method are disclosed for auctioning vehicles or other products and services where bids or offers for items offered for sale are evaluated against auction conditions. A method for auctioning one or multiple products or services where during the course of the auction the value of a bid amount required to win is reduced based upon auction conditions. A method is disclosed for displaying, evaluating and accepting bids or offers to purchase in the form of multiple payments over time that are equivalent in value to a singular valued price during an auction. The methods can be implemented via a programmed module operating on a computing system as a special purpose computer."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for online vehicle auctions and auctions or other price determining events for other goods and services","description":"A system and method are disclosed for auctioning vehicles or other products and services where bids or offers for items offered for sale are evaluated against auction conditions. A method for auctioni","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11282134","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11282134","citation_suggestion":"Patentable. \"System and method for online vehicle auctions and auctions or other price determining events for other goods and services\" (US-11282134). https://patentable.app/patents/US-11282134","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11282134","json":"https://patentable.app/api/llm-context/US-11282134","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T15:36:13.264Z"}