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What is the difference between Trade-In and Re-Sale values?

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What is the difference between Trade-In and Re-Sale values?

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The PGA.com Value Guide provides both Re-Sale and Trade-In values to meet the needs of those who are buying and selling golf clubs, as well as those involved in trading-in golf clubs toward new golf club purchases. The Re-Sale value is the price for which a golfer or retailer may reasonably expect to sell a golf club(s) privately or through a retail shop. The Re-Sale value applies to both the on-line and off-line retail environments. The Trade-In value (generally lower than the Re-Sale value) represents the price a golfer can expect to receive in credit from a retailer toward the purchase of another product. The retailer would then probably either re-sell or liquidate the trade-in (just like in the automobile industry!) The Trade-In values provided in the PGA.com Value Guide are not eBay Statistics. note: The PGA.com Value Guide provides additional information about the number of transactions on which a value is based, as well as the most recent transaction date. These additional piece

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