Trade-in vehicle value optimizing systems and methods for sellers, buyers, and dealerships
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Since 1905, the Department of Agricultural Engineering, now the Department of Agricultural and Biosystems Engineering (ABE), has been a leader in providing engineering solutions to agricultural problems in the United States and the world. The department’s original mission was to mechanize agriculture. That mission has evolved to encompass a global view of the entire food production system–the wise management of natural resources in the production, processing, storage, handling, and use of food fiber and other biological products.
History
In 1905 Agricultural Engineering was recognized as a subdivision of the Department of Agronomy, and in 1907 it was recognized as a unique department. It was renamed the Department of Agricultural and Biosystems Engineering in 1990. The department merged with the Department of Industrial Education and Technology in 2004.
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1905–present
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- Department of Agricultural Engineering (1907–1990)
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- College of Agriculture and Life Sciences (parent college)
- College of Engineering (parent college)
- Department of Industrial Education and Technology, (merged, 2004)
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Computer-implemented methods and computer systems for offering vehicles, which are subject to sale agreements between sellers and buyers, on online markets and soliciting additional offers for these vehicles by third parties. This additional offering may generate additional revenues, above the agreed upon prices between the initial seller and buyer, and these revenues can be shared by sellers, buyers, and service providers. For example, a seller may contract with a dealer to sell a used car for a certain price, which may be a part of a trade-in transaction. Information about the car, including a price, is then posted on a website. Third parties may view this information and post their offers, which are higher than the initial contract price. The new higher offer may be accepted and the proceeds may be shared by sellers, buyers, and service providers.