What is the difference between “outright” price and “exchange” value?
Remanufactured components are generally sold at an “outright” price. This price consists of two values: the core deposit value, and the “exchange” value. In general, outright less core value equals exchange. Because cores can have different value depending on their condition, your final exchange price may be different than Outright less the core deposit. Core valuation criteria are designed to be simple to estimate, enabling your dealer to confidently quote the final exchange price going into a repair.
