A new-car dealer can offer a substantial reduction in the list price of a new Ford pickup truck by offering you a _________of $3,000 for your 1988 Camaro.
A)cash discount
B)functional discount
C)trade-in allowance
D)seasonal discount

Question

Quizplus · Accepted Answer

A trade-in allowance is a discount given by the dealer for a customer's trade-in vehicle. In this case, the dealer is offering a reduction in the list price of a new Ford pickup truck in exchange for the customer's 1988 Camaro.

A New-Car Dealer Can Offer a Substantial Reduction in the List