Definition of trade-in in US English:



  • usually as modifier A used article accepted by a retailer in partial payment for another.

    ‘the trade-in value of the old car’
    • ‘The Black Book refers to trade-in values, which are lower than retail values shown in the Red Book.’
    • ‘When we began, life expectancy and trade-in value of some competitive machines were at an unacceptably low level.’
    • ‘I can afford £2000 - £3000 on top of my trade-in price.’
    • ‘Sometimes that means giving a hand to buyers who owe more on their current auto loan than the auto's trade-in value - otherwise known as being ‘underwater’ on a loan.’
    • ‘What happens to the trade-in value of those SUVs?’
    • ‘Also, there are rules concerning how the purchase is made, including trade-in allowances, exchanges between relatives, and gifts and inheritances.’
    • ‘By certifying a large number off-lease used cars, these companies are establishing higher trade-in values for their vehicles.’
    • ‘So if I can get in a diesel automobile for less than $1,350 for the option, then I'm money ahead because the trade-in value should be greater and I just might hang onto that car longer.’
    • ‘You know its trade-in value has become laughable, so who cares about its look any more.’
    • ‘You don't want to negatively affect the trade-in value of your pickup do you?’
    • ‘As a reference point, the amount financed is the difference of the negotiated buying price minus applicable trade-in value minus customer down payment and rebates.’
    • ‘We have found in the past that the payback for maintaining our equipment properly comes at trade-in time, when we get a higher value for our used equipment.’
    • ‘Your car has a retail value of about £2,895 and a trade-in price of about £1,675, even with your low mileage.’
    • ‘In order to keep the payments low, the auto maker must subsidize the car's trade-in value.’
    • ‘The strategy makes sense when your car has 150,000 miles on the odometer and a trade-in value of $250.’
    • ‘Clubs will get a trade-in value assessment on their old machines when they receive a quote for their new purchase.’
    • ‘Now, the big question, Fred, would they give me a fair trade-in value for my '78 Aspen?’
    • ‘Imagine a world where buyers are willing to purchase your car at substantially more than its trade-in value - and you get to choose the highest bid.’
    • ‘Other owners are interested in restoring a vehicle to the best condition possible in order to sell it or get a good trade-in value.’
    • ‘Make sure you know your interest rate, monthly payment, amount you are financing, the length of your loan and your trade-in value.’
    exchange, swapping, bartering, cashing in, conversion, return
    View synonyms



/ˈtrād ˌin//ˈtreɪd ˌɪn/