PREDICTING RENTAL CAR AVAILABILITY
Navigation devices in rental vehicles are used to assist in predicting the probability of when each car will be returned to the car rental company. The probability of each car being returned is based upon is location relative to the return facility, direction of travel, and whether the navigation device is currently routed to the return facility. It is not necessary to predict accurately when a specific car will be returned, although one could implement it that way. Rather, this is primarily a statistical prediction over a large number of vehicles that will inform the car rental company how many vehicles of each type will be returned at a given time.
1 . A method for determining the likelihood of a rented vehicle being returned to a return facility including the steps of:
a) determining a current location of the rented vehicle;
b) comparing the current location of the rented vehicle to a location of the return facility;
c) calculating a probability that the rented vehicle will be returned based upon said step b).
2 . The method of claim 1 further including the step of: d) determining whether a navigation device in the rented vehicle is currently routing to the return facility, wherein said step c) is performed based upon said step d).
3 . The method of claim 1 further including the step of d) determining a direction of travel of the rented vehicle, wherein step c) is performed based upon said step d).
4 . The method of claim 1 wherein the rented vehicle is one of a plurality of rented vehicles and wherein said steps a-c) are performed for each of the plurality of rented vehicles concurrently.
5 . The method of claim 1 further including the step of altering the calculated probability that the rented vehicle will be returned based upon whether the vehicle is running.
6 . The method of claim 1 further including the step of altering the calculated probability that the rented vehicle will be returned based upon a determination that the vehicle is within a first radius of the return facility.
7 . The method of claim 7 further including the step of increasing the calculated probability that the rented vehicle will be returned based upon a determination that the vehicle is within a second radius of the return facility, the second radius smaller than the first radius.
8 . A vehicle rental system comprising:
a plurality of vehicles;
each vehicle having a location-determining device associated therewith; and
a computer receiving current location information from each of the location-determining devices and determining a probability that each vehicle will be returned based upon the current location received from the associated location-determining devices.
9 . The vehicle rental system of claim 8 wherein each location-determining device is part of a navigation device.
10 . The vehicle rental system of claim 8 wherein the computer determines a probability that each vehicle will be returned based upon a comparison of the current location of each vehicle to a location of a return facility.
11 . The vehicle rental system of claim 8 wherein the computer determines a probability that each vehicle will be returned based upon a direction of travel of the vehicle.