Net Trade-In definition
Net Trade-In means the difference between (i) the market value of any vehicle taken by Dealer as trade-in property, as agreed by Dealer and the Buyer and stated on the Contract, and (ii) the amount of any lien on such trade-in property.
Examples of Net Trade-In in a sentence
No. Engine No. Value of Goods Traded-In $ Less Amount owing to $ Net Trade-In Allowance $ Rent installments payable during the hiring which is deemed to commence on the date on which this offer is dated.
Deduct: Net Trade-In (To Clause 9) ......................................
Finance Charge Less Owing to (____s/s____) (Time Price Differential) Net Trade-In Allowance 0.00 .