trade-in process

The trade-in process involves exchanging your existing item, like a phone or vehicle, for credit toward a new purchase. You bring or mail your item to the retailer or dealer, who assesses its condition and value. Based on this evaluation, they offer a trade-in amount, which is deducted from the price of the new item. If you accept, you complete the purchase with the adjusted price. This process helps you save money, declutter, and conveniently upgrade to newer models without having to sell the item independently.