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Automotive vocabulary · Dealership and After-Sales

Trade-in

Meaning in automotive, with examples

/ˈtreɪd ɪn/nounCommon term

In automotive, trade-in means: A used car that a customer gives to the dealer as part of the payment for a new or newer car. Its agreed value is taken off the price.

In Turkish: takas, takasa verilen araç

How it is used

Used in sales. The dealer appraises the trade-in and makes a trade-in offer; the customer may trade in the old car (phrasal verb, two words). The trade-in value depends on age, mileage, condition and service history.

Example sentences

  1. We can offer you 650,000 lira for your trade-in.

  2. She wants to trade in her diesel car for a plug-in hybrid.

Common collocations

  • trade-in value
  • trade-in offer
  • trade in a car
  • appraise the trade-in
  • dealershipA business authorized by a manufacturer to sell its new vehicles under the brand's name, usually together with used cars, parts and servicing.
  • test driveA short drive that a potential buyer takes in a car before deciding to buy it, usually with a salesperson and on a route chosen by the dealer.
  • trim levelOne of the versions of a model, each with a set package of equipment and price, for example a basic, a mid-range and a top version with leather seats and larger wheels.
  • VINShort for vehicle identification number: a unique 17-character code for each vehicle that shows the maker, model details and serial number. The letters I, O and Q are not used.

More terms: Dealership and After-Sales

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