A new car dealer can reduce the list price of a new Ford F-150 pickup truck by offering you a __________ of $1,000 for your 1998 Nissan Altima.

Name: A new car dealer can reduce the list price of a new Ford F-150 pickup truck by offering you a __________ of $1,000 for your 1998 Nissan Altima.
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This scenario describes a trade-in allowance, which is essentially a credit given by the dealer towards the purchase of a new vehicle in exchange for the customer's trade-in vehicle.

A New Car Dealer Can Reduce the List Price of a New