Definition of part exchange in English:

part exchange

Line breaks: part ex|change
British

noun

[mass noun]
  • A method of buying something in which one gives an article that one owns as part of the payment for another, more expensive, article: he sold the car in part exchange for another vehicle
    More example sentences
    • However, not all part exchange deals are equal.
    • Dealers may dangle a ‘bargain’ in front of you, then try to make up the difference by offering you a poor deal on part exchange.
    • I think the Pro might be pushing it too, but is not outside the realm of possibility, especially if I can do some kind of part exchange deal.

verb

(part-exchange) [with object] Back to top  
  • Give or take (an article) in part exchange: the caravans had been part-exchanged in favour of better-equipped vans
    More example sentences
    • Fair enough, but he might want to consider part-exchanging it for a brain.
    • John had part-exchanged my car for one for himself.
    • This means your car is as quiet as the bicycle you part-exchanged to buy it.

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