trading in

Exchanging for upgrade

Trading in is exchanging something you own as partial payment toward a new purchase, typically a vehicle: I'm thinking of trading in my old car for a hybrid.

The trade-in value is what the dealer credits you.

The practice extends to other goods—electronics, equipment, even houses—wherever sellers accept used items against new ones.

Related

haggling · relinquish · upgrade · appraise · exchange · part exchange · liquidate · scrappage · commerce · valuation · redeem · transaction · counteroffer · substitute · resale · payment · procurement · leveraging

Categories
Opposites
transaction type

trading inprivate sale

Transaction without public offering

cash sale · auctioning off · keeping · scrapping · junking

retention vs. exchange

trading inkeeping

Holding in custody

retaining · storing · hoarding

acquisition vs. disposal

trading inbuying

Obtaining through payment

purchasing · acquiring · upgrading

Family

trade, trading, trader, traders, trades, traded

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G