trade-in

[ treyd-in ]

noun

1. goods given in whole or, usually, part payment of a purchase:

   We used our old car as a trade-in for the new one.

2. a business transaction involving a trade-in.

adjective

1. of or relating to the valuation of goods used in a trade-in:

   trade-in price.

2. of or relating to such a business transaction:

   trade-in terms.

trade-in

noun

1. 1. a used article given in part payment for the purchase of a new article
   2. a transaction involving such part payment
   3. the valuation put on the article traded in
   4. ( as modifier )

      a trade-in dealer

verb

1. tr, adverb to give (a used article) as part payment for the purchase of a new article

Word History and Origins

Origin of trade-in¹

First recorded in 1920–25; noun, adj. use of verb phrase trade in

Idioms and Phrases

Give or sell an old or used item and apply the value or proceeds to a new item. For example, Some people prefer to trade in their old car to the dealer, but we feel we'll do better by simply selling it . [First half of 1900s]

Example Sentences

But a lot of these shoppers fail to consider another key factor that can help save money: getting the best value for their trade-in vehicle.

From Seattle Times

"As part of the integration of Game, we will be phasing out the trade-in, pre-owned and Game Elite offerings in the UK over the coming months," a spokesperson for Frasers Group said.

From BBC

To put it another way: The cost of replacing a cracked screen on a year-old iPhone 14 is nearly equivalent to the phone’s value, which Apple appraises at $430 in trade-in credit.

From New York Times

American buyers have also been swayed by attractive financing options and trade-in deals on new vehicles, which have advanced safety technology and better fuel efficiency ratings.

From Reuters

County grand jury heard testimony about fudged contracts and trade-in scams, and indicted a dealer and more than a dozen of his associates.

From Los Angeles Times

Related Words

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