Trade in
Definition 1 of 2
Pro Tip 1/3Upgrading Items
Usually involves physical goods, especially vehicles, appliances, or electronics, emphasizing the upgrade aspect.
After five years, I decided to trade in my laptop for a faster, newer one.
Pro Tip 2/3Value Perception
The old item has some value and discounts the new purchase, not a straight swap.
I managed to trade in my textbooks and got a discount on the latest editions.
Pro Tip 3/3Not Always Equal
The trade isn't always one-for-one; condition and model affect the trade-in value.
Her high-end camera got a great trade-in offer, unlike my entry-level one.
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