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

Question

Quizplus · Accepted Answer

A trade-in allowance is a price reduction given when a used product is part of the payment on a new product.

A New Car Dealer Offered a Substantial Reduction in the List