What is the definition of trade-in value?

Answer According to Kelly Blue Book, trade-in value refers to the price you can expect to be offered for your used car if you sell it to a dealer as part of purchasing a new car. This value will usually b... Read More »

Top Q&A For: What is the definition of trade-in value

What is the value on the tools of debtor's trade in Florida Chapter 7 bankruptcy?

Property held by a debtor in a Florida Chapter 7 bankruptcy case, including tools of trade, is valued by the court at its fair market value. Fair market value is what the debtor could expect to re... Read More »

How to Get the Best Trade-In Value?

When you are preparing to purchase a new vehicle you may want to consider using your old vehicle as a trade-in. You can improve the trade-in value of your vehicle by making minor changes to it. Don... Read More »

How Do Car Dealers Determine Trade in Value?

If you're trading in a vehicle to lease or buy another one, part of your experience at the dealership may involve negotiating the value of the vehicle you're surrendering. Though trade-in valuation... Read More »

How to Determine a Car's Trade In Value?

If you're trying to establish the trade-in value for a vehicle, you should remember that a vehicle is really worth just what the buyer will pay for it. At the same time, since there is a standard v... Read More »