The Practice of Trading in Motor Vehicles from an Islamic Economic Perspective

The background of this study is the growing practice of motor vehicle trade-ins as a transaction mechanism considered practical and efficient, yet still raising issues related to price transparency, contractual clarity, and compliance with Islamic economic principles. This study aims to analyze the implementation mechanism of motor vehicle trade-in practices at Sabak Motor and to examine their conformity with the principles of Islamic economics. The research employed a qualitative approach using a case study strategy. Primary data were obtained through observation, interviews, and documentation involving the showroom owner, employees, and consumers, while secondary data were derived from fiqh muamalah literature, academic journals, and DSN-MUI fatwas. Data were analyzed using triangulation techniques to ensure the validity of the findings. The results indicate that the trade-in practice at Sabak Motor is conducted through the integration of the sale of an old vehicle and the purchase of a new vehicle within a single transaction process. Although the practice fulfills the basic elements of a sale and purchase contract, several issues remain, particularly regarding price determination transparency, information dominance by the dealer, and the ambiguity of the contract structure, which potentially gives rise to elements of gharar. This study contributes to expanding Islamic economics discourse on motor vehicle trade practices and emphasizes the importance of implementing the principles of justice, transparency, and mutual consent in contemporary muamalah transactions.