Tred Review – Scam or Legit Car Buying & Selling Platform

This is a helpful Tred review that shows whether this is a scam or a legit platform for buying and selling cars.

It also answers very important questions most people have about it, especially how it works and how/what you can benefit from using it.

 

What Is Tred?

Tred is a US-based company based in Seattle, Washington.

It was established in 2011 and has been a marketplace where used cars are sold.

Yes, Tred allows individuals to sell their used cars direct to buyers without the need for middlemen.

The awesome features of Tred make it a safe place to sell or buy cars as in a dealership.

 

Is Tred a Scam or Legit Car Buying & Selling Platform?

Tred is definitely not a scam. It’s a legit car buying and selling platform.

It is a household name when it comes to buying and selling cars.

This company is unique in that it offers an online person-to-person marketplace.

If you have a car to sell or buy, then you can use this platform to do it.

 

How Tred Works

Tred is a platform both for buyers and sellers of used cars.

As a marketplace, this platform acts a middleman helping car sellers and car buyers get what they want.

The following are different ways on how Tred works for both the sellers and buyers.

 

How Selling a Car on Tred Works

If you have a car you want to sell, then you must have thought about using Tred.

Here are steps on how Tred works for those who want to sell their car.

List your car– Visit the Tred website and register as a seller.

You can list your car by first sharing vital details with Tred.

You Set the Price You Want to Sell the Car.

Tred will then market your car to buyers and also offer them the best convenient payment options.

Get paid – When the buyer pays online, the amount is transferred to your account. Tred will remove some charges. This is less the greater than $99 or 0.99% of the selling price.

Hand over the keys – Once the buyer pays, Tred will alert you to release the key to your buyer. You can do this without setting foot in the DMV or dealership.

 

How Buying a Car on Tred Works

If you want to buy a car through Tred, then here are some interesting details:

• You can browse the Tred website to access listed vehicles. Use the search feature to filter the inventory for a car that works for you. Tred displays vehicles with the pictures, mileage, price tag, and approximate monthly payments.

• Once you find the car you want, then you can pay. Tred allows you to pay in cash or you can agree to a financing option to pay for the car.

• Your car would be delivered to you or you can pick it up.

 

Why Use Tred to Sell Your Car?

Tred is a platform to choose when it comes to selling cars for these reasons:

• They help sellers set the right price at the marketplace

• They help advertise the cars for sale on more than 20 major auto sale websites.

• They help verify all potential buyer information.

• They help the sellers and buyers handle all paperwork needed in the location.

• They work with your bank to coordinate lease or loan payoff of the car.

• They help the buyer get convenient financing for their offer.

• They help coordinate the entire process of buying and selling a car.

• They make it easy for easy transfer of vehicle titles.

 

Where Is Tred Located?

Tred is located in the United States.

Its headquarters is in Seattle, Washington.

However, it is actively functional in many major US cities like.

• Austin
• Dallas
• Houston
• Jacksonville
• Los Angeles
• Miami
• Orlando
• Portland
• San Antonio
• San Diego
• San Francisco
• Tampa

 

Who Can Use Tred?

People who can use Tred are buyers and sellers of used cars.

Sellers who want to do away with their cars can use Tred.

Also, people who want to buy the car of their choice can use this platform.

Both sellers and buyers are expected to download and use the Tred app to achieve their aims.

A Tred user must be an adult of 18 years and above.

Also, he/she must reside in any of the cities mentioned above.

• Read this to learn where to Sell Car Parts
• Read this to learn where to Sell Damaged Cars
• Read this to know the Best Online Car Buying Sites
• Read this to learn how to get Cash For Junk Cars
• Read this to learn how to Sell Car to Dealer

 

 

 

How to Join Tred?

To join Tred you simply need to create a Tred account.

• On the homepage, click on the “Get Started” button to create an account.

• Fill in your name, address, and details.

• Once you are done with entering your details, your account would be created.

 

How Much Will Tred Offer for Your Car?

How much you will make from Tred is determined by several factors.

These include:

• How much price do you set on your car?

• The information you have shared about your car. Tred would be using the information to help determine the market value of your car.

• What the buyer finally pays less $99 or O.99% of the selling price.

• The exact market value of your car. This would be based on the make, model, year, and condition of the vehicle.

• The finance option is selected by the buyer.

 

What Are the Fees Charged by Tred?

There are some fees that Tred users can pay.

These include:

 

Car Listing Fee

This is the fee you pay to list your car on Tred.

This is a monthly fee of $4 – $19.

The exact depends on the value or price of the vehicle you want to sell.

It would interest you to know that this monthly fee will cover both your registration cost and the lien checks.

 

Listing Upgrades

You may wish to increase the exposure of your advertised car on Tred.

If this is what you want, then you can pay for an upgrade.

Yes, you will do listing upgrades. This cost an additional $4-$19.

Also depending on the value of your car.

If you pay the upgrade fee, then you would be able to upload up to 30 more images of your vehicle.

More pictures of your vehicle mean better attractions to buyers.

It should interest you to know that Tred gives you $20 worth of car wash coupons when you upgrade your listing.

 

Selling Fee

This is the amount that Tred subtracts from the selling price of your car.

You will pay either $99 or O.99% or the selling price whichever is greater.

 

Restocking Fee

This is the fee you pay if you wish to deactivate your listing on Tred when your car is not sold on the platform.

The restocking fees range from $4 – $99 depending on the price of the car.

 

Is Tred Worth Using? 

Tred is worth using because it is a platform that will save time, money, and stress for the parties involved.

This site is legit and has positive ratings at various online dating sites.

Many users of this site truly sell their cars on Tred, and most buyers leave testimonials of satisfaction when it comes to buying their cars from Tred.

 

Pros of Tred  

If you choose to sell or use Tred, then you may have to check out the following advantages:

• Its listing fees are cheaper compared to what obtains with selling your cars at the regular car dealerships. Tred’s fees are 30% less costly than other car sell platforms.

• It helps sellers to set the right price. They do this by providing monthly vehicle value reports.

• It ensures that only legit buyers can contact and connect with you. They do a thorough verification of the brands.

• It helps car sellers with the necessary legal paperwork as well as other important tasks.

 

Cons of Tred

Despite the advantages or pros of Tred, we must not ignore some of the cons or downsides of using this platform.

• It is not available for sellers everywhere. Only residents of 13 US states can make use of this platform.

• Its restocking or reactivating fee can be as high as $99.

 

What Is Tred Alternatives?

Tred is an amazing platform.

However, it has many alternatives you may also like to check out.

The popular Tred alternatives include Peddle:

• Hemmings
• Peddle
• Wheelzy
• SellMax
• CarsAndBids
• CarBuyerUSA
• Wrapify
• FarmTogether
• MySoapBox
• Hyer App
• Gopuff
• Bellhop Movers
• AutoNational
• Auto Lenders Go
• CarVIO
• Copart

 

Conclusion 

As this review has shown, Tred is a legit platform that helps you sell your car faster.

It helps people to list and sell their cars even if the cars are used, damaged, or junk.

Also, if you are interested in buying a car, you can utilize the features of Tred.