What is the ruling on exchanging one car for another, whether with an additional payment or without?
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Question:
If I have a car in average condition and I exchange it for a car of the same type and model but in good condition, whether with an additional payment or without, what is the ruling?
Answer:
There is nothing wrong with that. Allah has made selling lawful, and riba (usury or interest) does not apply to cars. It is permissible to sell one car for two or three, whether the payment is immediate, on credit, or deferred. Yes.
If I have a car in average condition and I exchange it for a car of the same type and model but in good condition, whether with an additional payment or without, what is the ruling?
Answer:
There is nothing wrong with that. Allah has made selling lawful, and riba (usury or interest) does not apply to cars. It is permissible to sell one car for two or three, whether the payment is immediate, on credit, or deferred. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم استبدال سيارة بأخرى سواء بزيادة أو بدون؟ للشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.