AU2015100176A4 - Automotive Group Buying Innovation - Google Patents

Abstract

Inventor - Peter Phillips Automotive Group Buying Innovation Abstract A group buying website where car buyers register their interest along with other likeminded buyers to enable a greater discount when purchasing a new vehicle together from the same dealership or dealership group where there is multiple manufacturer models sold. Inventor: Peter Phillips Dated 16th February, 2015

Description

Editorial Note 2015100176 There are two pages of description Inventor - Peter Phillips Automotive Group Buying Innovation Invention 1. To offer car/automotive buyers the capability to buy a new car with the benefit of multiple buyers together in order to receive a greater discount, E.g. group purchasing power via website. 2. The offer will be displayed on-screen via a 'window' of opportunity or a displayed discount similar to a tranche or a target buyer numbers. E.g. Tranche/Window can be set up as 2 buyers required to receive 8% off regular drive-away price, 3 buyers to receive 10% discount, 4 or more buyers to receive 15%, etc. 3. The opportunity can be set up for single model vehicle group buying or multiple vehicle brand at the same dealership group. E.g. 3 buyers may wish to purchase Nissan Pulsars or 3 buyers wish to purchase a Honda, Skoda and VW which is available from the same dealership group who offer multi-brand new vehicles. 4. Once new car buyers register their interest they are then linked to the dealership to handle the sale of the new car. 5. New car buyer online registration can take the form of a small deposit, or registration can be free. 6. Desired vehicle model is selected and detailed, and details are held until other likeminded buyers register their desired new vehicle purchase. Once their required registrations have been achieved for the selected discount, these details are then forwarded to the dealership to handle the new car sale. 7. New vehicle dealerships (sellers) can either be pre-registered to receive the new car buyer details or the website owners can approach dealerships or dealership groups. 8. These discount offers apply whether there is a trade-in or not. 9. Fleet buyers are also welcome and encouraged. A separate online section will cater for fleet buyer registrations and requirements lodgement. Details of Criteria 1. Offer discounts on new vehicles when combined with multiple buyers. 2. Discounts are calculated off the normal recommended drive-away retail price. 3. All vehicles are new. 4. Offer open to cash buyers or finance applicable purchases. 5. Fleet buyers are also welcome and can register their interest and requirements in a separate section on the website. 6. Discount applies whether trade-in is offered or not. Background and Need At present there is no group discount service for new vehicle purchases on offer for personal customers. Prospective new car buyers miss out on opportunities for greater discounts that is afforded to fleet buyers. They are disadvantaged in achieving savings that business can obtain due to their buying power. This invention will allow likeminded new car buyers the opportunity to group together and apply for larger discounts as afforded to fleet buyers.

Inventor - Peter Phillips Dealerships receiving these new car buyer requests have a greater capacity to offer larger discounts due to the extra volume sales on offer as they do for fleet buyers. This invention permits new car buyers to group together when buying different makes of vehicles not just the same. These multi-vehicle brand new buyers have the opportunity to purchase from the same dealership group that offers multi-vehicle brands thus allowing for the discount to be achieved. This takes the pressure out of buying a new car, and provides certainty on the discount to be achieved helping to make the new car purchase a seamless and hassle-free experience. Inventor: Peter Phillips Dated 16 th February, 2015

Claims (4)

1. The linking of new car buyers with other likeminded individuals through an online website to achieve a greater discount from a dealership or dealership group is a unique concept and service offering. It affords the opportunity for similar levels of discounts afforded to fleet buyers.

2. This applies to new vehicle purchases only whether it is a cash or finance purchase, and whether a trade-in applies or not.

3. The linking of new car buyers to dealership directly as group buyers is a unique offering.

4. Various tiers of discounts can be achieved based on number of registered buyers. E.g. 8% discount for two buyers grouped together, 10% for three and 15% discount for 4 or more new car buyers together, etc. Inventor: Peter Phillips Dated 16 th February, 2015