See trade something ↔ in for more
trade-in
ˈtrade-in
noun [countable]
American English a used car, piece of equipment etc that you give to a seller of a new one that you are buying as part of the payment
SYN part exchange British English:
Are you going to give your Ford as a trade-in?
trade-in price/value
The trade-in value is roughly $3000.
ˈtrade-in
noun [countable]American English a used car, piece of equipment etc that you give to a seller of a new one that you are buying as part of the payment
SYN part exchange British English:
trade-in price/value