Is a
Patent attributes
Patent Jurisdiction
Patent Number
Date of Patent
December 17, 2019
Patent Application Number
14823068
Date Filed
August 11, 2015
Patent Citations Received
Patent Primary Examiner
Patent abstract
A method and system for geofencing of vehicle impound yards. One or more geofences around impound yards are selected. The one or more geofences are associated with one or more vehicles. When a vehicle enters the geofenced area, a user (e.g., an individual, car dealer, finance company, etc.) is immediately notified to prevent excessive impound financial charges. If a vehicle is left in a geofence area, a cumulative time duration and a cumulative finance charge are accurately recorded to reduce or prevent financial fraud.
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