Is TRED Legit & Worth it? Pros & Cons

Jump to: Full Review

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. 

FeeCar Listing Fee$4 – $19Listing Upgrades$4 – $19Selling Fee$99 or 0.99% of the saleRestocking 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. 

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 [email protected]

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.

Sites Like Tred

Tred vs. Peddle

Peddle is an online car selling site that allows you to sell a car in any condition – good, damaged, junk, or scrap. Just like Tred, Peddle doesn’t necessarily require any title to sell a car. 

In terms of service fees, Tred charges $4- $19 listing fees compared to Peddle that does not charge anything for its services.

Overall, both websites are reliable platforms that allow you to sell your used car.

Recent Peddle Offers:

ModelYearMileageOfferToyota (Camry)2011150,000$2,225Volvo (S40)200137,000$430Mercedes-Benz (560)199192,000$1,930BMW (528)2008126,000$1,140Kia (Forte)2010145,000$635Honda (CR-V)201167,000$2,930Ford (Explorer Sport Trac)2004145,000$1,170Oldsmobile (Alero)2004162,000$400Audi (A6)2006106,000$530

Tred vs. Wheelzy

Wheelzy is free car listing website that allows you to sell and buy cars. Just like Tred, Wheelzy handles all the paperwork and important tasks. 

Like Peddle, Wheelzy gives you an offer to sell your car to them at a reasonable price. With Wheelzy, you can either choose to get an instant quote within a few minutes or wait for bids for your car. But with Tred, you have to wait until someone likes your car and approaches you to buy it. That said, both sites are legitimate places to sell your used car and earn extra income.

Recent Wheelzy offers:

ModelYearMileageConditionOfferHyundai (Tucson)2006200,000Doesn’t start$400Mercury (Sable Sedan)2003150,000Doesn’t start$225Mercedes-Benz (C)2001150,000Starts$222Ford (Edge)2010200,000Doesn’t start$1,200Ford (Flex)2009150,000Starts$1,000Lexus (RX)2002300,000Doesn’t start$750Chevrolet (Cobalt Sedan)2007200,000Doesn’t start$200Toyota (Corolla)2003250,000Drives$555BMW (528)2008250,000Drives$1,487

TRED vs. CarBrain

Unlike TRED, which is an online marketplace, CarBrain is a company that specializes in buying damaged vehicles. They make you an instant offer based on the details you provide. It advertises a fast and efficient process, with pick-up and payment within 24-48 hours. 

CarBrain is a good option if you want a hassle-free and fast way to sell your damaged car. Meanwhile, TRED can be a better option if your car is not damaged and you want to have more control over the price.

Recent CarBrain offers:

ModelYearMileageConditionOfferMitsubishi Outlander Sport201150,000Collision damage, starts, doesn’t drive$1,270Jeep Grand201543,000Collision damage, starts, doesn’t drive$8,000Chevrolet201350,000Collision damage, does not start$1,335Dodge Charger2011143,448Collision damage, does not start$1,000Nissan Altima201382,000Collision damage, starts and drives$1,725Chevrolet Silverado2008250,000Engine damage, starts, doesn’t drive$1,750

Tred vs. Carvana

Carvana ranks among the top online vehicle-purchasing platforms in the US. When set side by side with Tred, Carvana’s unique selling proposition is its ability to facilitate the sale of your pre-owned vehicle entirely online in mere minutes.

Carvana specifically seeks those in prime shape. That is, the vehicle should have a functioning odometer and lack any significant external damage or mechanical issues.

To receive a monetary offer from Carvana, one needs to complete an online questionnaire and provide either the VIN or the license plate details.

For those residing within a 100-mile radius of a Carvana hub, the company offers complimentary car pickup.

Tred vs. CarGurus

CarGurus is a great way to sell your car online hassle-free.

To get an offer, you will need to provide your car’s VIN or license plate number and answer some basic questions about the condition.

CarGurus also offers a free car tow service and will pay you by check or direct deposit within two business days.

Another way to sell via CarGurus is to list the car on their website and sell it to a private buyer.

In this case, you will need to upload a car listing and add a detailed description and photos of the vehicle. Listing a car will cost you $4.95.

Tred vs. eBay Motors

eBay Motors is a popular car selling service site that allows you to take advantage of good deals on new and used vehicles. Like Tred, eBay Motors is free to register and use. eBay Motors also charges a $19 – $79 listings fee + 2.35% compared to Tred’s fees of $4 – $19.

eBay Motors also offers a turnaround time of 1-7 days compared to Tred, which allows you to sell your car within 2 to 3 weeks. While Tred is best for used cars, eBay Motors works well for vehicle parts.

Tred vs. CarMax

If you’re looking to sell your car to a trustworthy used car buying and selling company, CarMax is an excellent alternative to Tred. 

Just like Tred, CarMax inspects all the cars carefully and then puts them on their selling list. It helps buyers to pick up cars knowing all the cars have gone through an inspection process. You’ll be able to sell your car directly to CarMax. CarMax will buy your car with minor issues like engine problems, light issues, etc.

Unlike Tred, CarMax doesn’t help you to deal with legal paperwork and tasks. You have to clear all the papers and tasks all by yourself. Even the fees are slightly higher ($100 – $400) than Tred.

Other Sites Like Tred

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.