Patent ID: 8392264

Claim:
A computer-implemented method, using a data processing system, for re-purchasing durable good sold by a seller to an owner of the durable good, comprising: continually offering, to the owner by a purchasing entity using the data processing system, to re-purchase the durable good at a value equal to or greater than a guaranteed price, the purchasing entity being one of the seller or an entity affiliated with the seller; periodically calculating a guaranteed price, using the data processing system, the calculating incorporating at least one standard industry price estimate; automatically removing, from the data processing system, offers for durable goods that reach an age threshold; receiving a request from the owner to display, via an owner-accessible interface of the data processing system, the guaranteed price; displaying the guaranteed price to the owner, via the owner-accessible interface; receiving a request from the owner for the purchasing entity to re-purchase the durable good; and re-purchasing the durable good by the purchasing entity for the value equal to or greater than the guaranteed price.