Abstract: A method is provided for generating an equipment benchmark price based on equipment sales records. In one embodiment, the method includes receiving a request for the equipment benchmark price for a piece of equipment of a first equipment age wherein the equipment benchmark price is associated with a first time period, and receiving a reference price point reflecting and associated with a second equipment age and a second time period. The method further includes determining a value retention schedule including a first value retention rate for the first equipment age and a second value retention rate for the second equipment age, and determining an equipment price index including a first price index data point for the first time period and a second price index data point for the second time period. Finally, the equipment benchmark price is determined based on the reference price point, the first and the second value retention rates, and the first and the second price index data points.

Abstract: Systems and methods are disclosed that generate a chain-weighted equipment price index. In one embodiment, the equipment price management system may receive equipment sales records and store the sales records in a database. A user of the system may request that an equipment price index be generated for a set of time periods, including a first time period and a second time period. The index may reflect the price performance of one or more types of equipment. Based on the equipment sales records, the equipment price management system may then determine a first equipment quantity for the first time period and a second equipment quantity for the second time period. The equipment management system may determine a first median price of the first equipment quantity for the first time period and a second median price of the second equipment quantity for the second time period.

Abstract: Systems and methods are disclosed that generate a value retention schedule for used equipment. In one embodiment, the method includes receiving equipment sales records, determining, based on the equipment sales records, a first median sales price of a first used equipment at a first equipment age for a set of time periods, determining a second median sales price of the first used equipment at a second equipment age for the set of time periods, determining a first ratio of the second median sales price to the first median sales price for each of the time periods in the set of time periods, determining a median ratio for the first ratio across the set of time periods, determining a value retention rate for the second equipment age based on the determined median ratio; and generating the value retention schedule based on the determined value retention rate.