trade-in

1 of 2

noun

: an item of merchandise (such as an automobile or refrigerator) taken as payment or part payment for a purchase

trade in

2 of 2

verb

traded in; trading in; trades in

transitive verb

1
: to turn in as payment or part payment for a purchase or bill
trade the old car in on a new one
2

Examples of trade-in in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Noun
The company has clearly struggled since Trump took office and Musk took over DOGE, with the rate of Tesla trade-ins tripling over the past year, according to Edmunds, and its stock price down about 40% from its high mark. Andy Rose, CNN Money, 26 Mar. 2025 In a filing submitted as part of the lawsuit, though, Jenkins’s attorney said that the deposits and loans highlighted in the suit came from vehicle trade-ins, refinancing, the sale of vehicles and property, and other innocuous sources, and provided a detailed accounting. Ronan Farrow, The New Yorker, 24 Mar. 2025
Verb
With anecdotes of owners trading in their Teslas amid backlash over CEO Elon Musk’s unelected role as agency dismantler-in-chief for Trump 2.0, don’t be surprised to see a few more of the EVs parked under giant tube men at Chicago-area used car lots this spring. Robert Channick, Chicago Tribune, 22 Mar. 2025 In March, the highest share ever of Teslas from model year 2017 or newer were traded in toward new or used purchases at dealerships, according to Edmunds, a U.S. car shopping website. Megan Cerullo, CBS News, 21 Mar. 2025 See All Example Sentences for trade-in

Word History

First Known Use

Noun

1915, in the meaning defined above

Verb

1891, in the meaning defined at sense 1

Time Traveler
The first known use of trade-in was in 1891

Browse Nearby Words

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Cite this Entry

“Trade-in.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade-in. Accessed 31 Mar. 2025.

Kids Definition

trade-in

1 of 2 noun
ˈtrād-ˌin
: something given in trade usually as part payment for a purchase

trade in

2 of 2 verb
(ˈ)trād-ˈin
: to turn in as a payment or part payment for a purchase

More from Merriam-Webster on trade-in

Last Updated: - Updated example sentences
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