US Patent Issued to TrueCar on Sept. 23 for "System, method and computer program product for geo-specific vehicle pricing" (California, Texas Inventors)

ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,423,725, issued on Sept. 23, was assigned to TrueCar Inc. (Santa Monica, Calif.).

"System, method and computer program product for geo-specific vehicle pricing" was invented by Michael D. Swinson (Los Angeles), Param Pash Kaur Dhillon (Sherman Oaks, Calif.), Thomas J. Sullivan (Santa Monica, Calif.) and Xingchu Liu (Austin, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed are embodiments for the aggregation and analysis of vehicle prices via a geo-specific model. Data may be collected at various geo-specific levels such as a ZIP-Code level to provide greater data resolution. Data sets taken into account may include demarcation point data ...