US Patent Issued to TrueCar on April 29 for "System and method for analysis and presentation of used vehicle pricing data" (California, Texas, Minnesota Inventors)

ALEXANDRIA, Va., June 9 -- United States Patent no. 12,288,230, issued on April 29, was assigned to TrueCar Inc. (Santa Monica, Calif.).

"System and method for analysis and presentation of used vehicle pricing data" was invented by Michael D. Swinson (Los Angeles), Isaac Lemon Laughlin (Los Angeles), Meghashyam Grama Ramanuja (Santa Monica, Calif.), Mikhail Semeniuk (Golden Valley, Minn.) and Xingchu Liu (Austin, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "To increase the efficiency of a used vehicle data processing process while still tailoring to an individual user's unique specifications on a used vehicle, at least some pre-calculations are performed by a backend process before a request for data...