Trade-in allowances are most commonly used in the ________ industry.
A) real estate
B) automobile
C) dairy products
D) financial services
E) health care

Question

Quizplus · Accepted Answer

Trade-in allowances are commonly used in the automobile industry, where customers can trade in their old vehicle as a down payment for a new one. This helps make the purchase more affordable for the customer and also provides the dealership with a used vehicle to resell.

Trade-In Allowances Are Most Commonly Used in the ________ Industry