1. A computer-implemented method for determining a color matched repair paint formula, said computer-implemented method comprising: a) identifying the color characteristics of a target color to be matched; b) inputting and processing said target color characteristics to enable a visual display of said target color; c) selecting from a color database, an alternate color, or a plurality of alternate colors, said selection made based upon color characteristics of said target color to be matched; d) processing and visually displaying said alternate color, or plurality of alternate colors, to enable comparison with said target color; and e) selecting a desired alternate color and determining the formulation thereof.