USED-VEHICLE ALGORITHMIC PRICING ENGINE METHOD AND SYSTEM

1 . A computerized system for distributing an estimated monetary value of a used vehicle on the internet, the Internet including a server and a computer with a monitor, the used vehicle being associated with a seller of the used vehicle, which used vehicles is offered for sale to a used-vehicle retailer, the system comprising;

the server comprising a category-agnostic pricing engine that evaluates the fair price range of any used automobile and is configured to:

identify the seller of the used vehicle;

identify a used-vehicle retailer to offer the used vehicle to for sale;

determine a mileage of the used vehicle;

determine a condition of the used vehicle;

collect set of samples of one or more used-vehicle types, wherein the set of samples comprise make of each used-vehicle type, a model of each used-vehicle type and a year of production of each vehicle type;

collect a set of used-vehicle sales data for the set of samples of the one or more used-vehicle types for a specified period, and wherein the used-vehicle sales data comprises a sale price statistic for the set of samples as a function of at least vehicle mileage and vehicle condition;

generate depreciation curve for each used-vehicle type based on the used-vehicle sales data of each sampled used-vehicle type;

group each sampled used-vehicle types with a set of similar depreciation patterns into a depreciation segment, wherein the depreciation segment comprises a group of vehicle types that present a similar depreciation pattern within specified thresholds of the used-vehicle sales data;

match the used-vehicle of the seller to the depreciation segment;

determine a monetary value of the used vehicle based on the deprecation segment;

provide a web page that includes a display of the monetary value of the used vehicle based on the deprecation segment;

receive a request for the web page from either the seller's computing device or the used-vehicle retailer's computing device;

configure the web page to display the monetary value of the used vehicle based on the depreciation segment; and

communicate the web page configured to display the monetary value of the used vehicle to either the seller's computing device or the used-vehicle retailer's computing device.

2 . The computerized system of claim 1 , wherein the used-vehicle sales data further comprises a geographic data associated with a set of vehicle sales of the used-vehicle type.

3 . The computerized system of claim 2 , wherein the used-vehicle sales data further comprises a se of sale dates associated with the set of vehicle sales of the used-vehicle type.

4 . The computerized system of claim 3 , wherein the used-vehicle sales data further comprises a set of parties associated with the set of vehicle sales of the used-vehicle type.

5 . The computerized system of claim 4 , wherein a clustering algorithm is used to group each sampled used-vehicle types with a set of similar depreciation patterns into a depreciation segment.

6 . The computerized system of claim 1 , wherein the used vehicle comprises an automobile.

7 . The computerized system of claim 1 , wherein the used vehicle comprises a motorcycle.

8 . The computerized system of claim 1 , wherein the used vehicle comprises an airplane.

9 . The computerized system of claim 1 , wherein an exterior color of the used vehicle, a number of historical owners of the used vehicle, an accident history of the used vehicle, a detailed condition of vehicle components of the used vehicle are used to weight the monetary value of the used vehicle.