Tred Review
Tred is an online marketplace where you can buy or sell used cars. The company was founded back in 2011 and is currently headquartered in Seattle, Washington. Tred combines the safety of buying and selling used cars through a dealership. Whether you’re a seller or a buyer, you won’t need any middlemen to buy or sell a car.
Pros
- 30% less costly than regular car dealerships
- Provides monthly vehicle value report helping you to set your price
- Protects from frauds and only connects you with legit buyers
- Helps you with legal paperwork and other major tasks
Cons
- Available in limited states – 13 in total
- Charges up to $99 if you want to deactivate your listing
Jump to: Full Review
Best for Older & Damaged Cars
Buys used, damaged or junk cars
Free tow and no hidden fees
Pays by ACH trasfer or check
Top Pick for Junk Cars
Free, no-obligation cash offers
Offers free paperwork service
Pays on the spot upon pick up
Highly Rated by Customers
Excellent customer service ratings
Honors guaranteed offer for 7 days
Can pick up a car within 48 hours
Great for Low-Mileage Cars
Gives a real offer in 2 minutes
100% hassle-free online process
Free car’s Value Tracker available
How Does Tred Work?
Tred is an online, person-to-person marketplace where you can buy or sell used cars.
You can consider Tred as a broker but with lower rates. Tred also helps you deal with all the legal paperwork such as:
- Registration
- Title transfer
- Taxes
- Fees
- And so on
Selling Cars
Tred allows you to;
- Sell your car through the website. The company inspects all the vehicles to check their condition. This helps potential buyers to understand that the cars are in good condition and ready to be sold.
- List your car on dozens of websites so more buyers can reach out to you.
- Get paid and keep a more significant portion of the money from the sale.
Tred’s monthly vehicle price report will help you keep an eye on your car’s value and any kind of fluctuation in the price.
Buying Cars
When it comes to buying a car, Tred offers multiple filtering options for you to narrow your searches. You’ll be able to choose a car by looking at the pictures, price tag, mileage, and approximate monthly payments.
To keep legitimacy for both parties, Tred follows these steps:
- Tred looks for any accident history and inspects each vehicle closely to see whether it can be sold or not
- Both parties must download the Tred app
- You have to upload your driver’s license and your photo for identification purposes
How Much Can You Get for Your Car With Tred?
You can expect to make over $1000 when you sell your car with Tred. For instance, you can make up to $13,000 when you sell Audi Q5.
Who is Tred Best for?
Tred is meant for those who want to list their used or new cars and make some money. The company is also meant for individuals who want to buy cars.
What Types of Vehicles Does Tred Purchase?
Tred typically buys used vehicles such as Audi, Chevrolet, Ford, Hyundai, Lexus, and more.
How Fast Can You Sell Your Car With Tred?
It can take you an average of two to three weeks to sell your car with Tred. Since you control your price, you can easily set the selling timeframe.
Tred Fees: How Much Does it Cost to Use Tred?
Tred charges a fee for both buying and selling cars on their website. Since this Tred review is all about selling your car through Tred, let’s take a look at the Tred seller fees.
Car Listing Fee
To list your car on Tred, you have to pay a monthly listing fee of $4 – $19, depending on the price of your vehicle. This monthly fee covers the cost of registration and lien checks.
Listing Upgrades
You can upgrade your listing for an additional $4 – $19 (depending on the price of your car). The listing upgrade lets you upload 30 more images of your vehicle to attract more buyers.
When you upgrade your listing, you’ll also get a $20 car wash coupon. So at the end of the day, upgrading your Tred listing might be more beneficial.
Selling Fee
When your vehicle is ready for sale, you have to pay either $99 or 0.99% of the selling price.
Restocking Fee
If you wish to deactivate your listing without selling your vehicle through Tred, you have to pay $4 – $99 in restocking fees.
| Fee | |
|---|---|
| Car Listing Fee | $4 – $19 |
| Listing Upgrades | $4 – $19 |
| Selling Fee | $99 or 0.99% of the sale |
| Restocking Fee | $4 – $99 |
Tred Payment Options
Once you accept the offer, Tred collects payment from the buyer and wires funds directly into your account. Since the company handles all the paperwork, you don’t have to worry.
Tred Reviews: is Tred Legit?
Tred is a legit car buying company that does what it promises – helps you quickly sell your used car.
Rated 3.8 on the App Store and 2.0 on Trustpilot, the company has gathered mixed reviews from users. According to most users, the platform helped them sell their cars fast.
They also said how easy it is to sell and buy cars with Tred. Unfortunately, people who sell cars through Tred mostly complain about its high fees, totalling about $100 – $120.
| Website | Rating |
|---|---|
| App Store | 3.8 |
| Trustpilot | 2.0 |
Where is Tred Available?
Tred is available in select states within the US. Here’s the list of states where you can sell your car through Tred:
- Seattle
- San Diego
- Austin
- Orlando
- Portland
- Dallas
- Tampa
- Los Angeles
- San Antonio
- Miami
- San Francisco
- Houston
- Jacksonville
What Are the Tred Pros & Cons?
Tred Pros
- 30% less costly than regular car dealerships
- Provides monthly vehicle value report helping you to set your price
- Protects from frauds and only connects you with legit buyers
- Helps you with legal paperwork and other major tasks
Tred Cons
- Available in limited states – 13 in total
- Charges up to $99 if you want to deactivate your listing
How Good is Tred Support?
Tred has a comprehensive support base, including a frequently asked questions page, blogs, and articles. It also provides information on how to sell or buy a car. To get in touch with the support, you can click contact us, fill out the form and submit it. In addition, you can;
- Call Tred at (800)948-8733
- Email Tred at help@tred.com
- Live chat – click the blue chat button at the bottom right corner of the page
Tred Review Verdict: is It Worth Selling Car With Tred?
Tred is a well-known car dealership website. It helps people buy and sell cars with great convenience, rates, and customer support. You’ll get a Monthly Vehicle Value Report, a physical vehicle inspection, and a guarantee that all the customers are verified from an identification test.
You can also make over $1000 when you sell your car with the company. Tred handles all the hard tasks and paperwork for you. So you’ll be able to focus more on your daily life.
However, a few users have a few complaints about the Restocking fees. Also, some of them complain that Tred can take up to 3 weeks to buy your car. Other than that, Tred is one of the best places to sell and buy used cars.
How to Sell Your Car With Tred?
Selling cars with Tred is relatively easier than you think. Most of the hard work will be done by Tred. You just have to do some simple tasks.
Tred will be responsible for most of the paperwork, including title transfer, taxes, and other duties like marketing, financing, pricing the car, etc.
Let’s take a look at the tasks you’re supposed to do and tasks that Tred will do for you.
Your tasks:
- List your car on Tred by providing images and necessary documents (title, your identity)
- Bringing your car to a Tred location for a test drive and a few inspections
- Get paid in cash or any payout method you and the buyer agree on
Tred’s tasks:
- Help you determine the best pricing for your car according to its market value
- Uploads details of your car on 20 most popular websites for marketing purposes
- It helps you find legit buyers
- Does all the paperwork according to your state rules and policies
- It helps you pay off your loan by working with your bank
- Helps the buyer for financing the car
- Handles the entire selling process
- Transfers the title of the car by waiting in long DMV lines instead of you
In case you have any questions regarding selling your car with Tred, the company provides dedicated support working 7 days a week to answer your queries. Plus, they will help you find real buyers for your vehicle and finalize your sale fast.
Tred FAQs
What is Tred?
Tred combines the safety of buying and selling used cars through a dealership. Whether you’re a seller or a buyer, you won’t need any middlemen to buy or sell a car.
It also inspects the cars and makes sure they’re suitable for sale or not.
Tred also offers:
- Financing options
- Gap insurance
- Extended warranties
- Monthly vehicle value reports
How long will it take to get paid after my car sells on Tred?
Payments can take up to 2 to 3 weeks, depending on your payout method.
How do I stay safe on a test drive?
Here are some recommended steps from Tred that you should follow to stay safe on a test drive :
- Fix a time and date.
- Bring someone with you.
Is Tred a scam?
Tred is definitely not a scam. It’s a legit car buying and selling platform.
I lost my title. Can I still sell my car with Tred?
Yes. You can still sell your car with Tred if you’ve lost your title. You can explain your title’s situation with Tred, and Tred will work with you to get you a new title.
Where is Tred headquartered?
Tred is headquartered in Seattle, WA.