What is amazon trade in bassicly and why are the prices cheaper when you click amazon trade in?
I looked at a item in amazon and it was an iphone 5c for 379.99 and when i clicked amazon trade in it was 200.00 why is this?
Buy low, sell high is what retailers do. If they can get them for $200 and sell for $380, they have a $180 profit.
Same thing car dealers do. They'll give you $2000 for a trade-in, and you'll see the car on the lot the next day for $4500. That's how they make money.
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