TRED is a used car marketplace for customers to buy and sell cars. It was founded in 2011 and is headquartered in Seattle, Washington.
Tred often offers lower prices than other peer-to-peer seeling sites. Tred also helps with authentication and paperwork like title transfer, registration, taxes and fees. It also helps to facilitate any payments between buyer and seller and, in some cases, handles delivery.
Dealers can’t sell through TRED. They can buy wholesale cars in the partner instant offer program, but you will not see dealer-listed vehicles on TRED. Tred acts as the middleman by taking the broker's place and not charging the typical brokerage fee.
There are three simple steps to buying cars through TRED:
Keep reading our TRED reviews for pros and cons of working with this service.
What really sets TRED apart is its offer to let you independently sell your car and control the selling price, while giving you assurances that are normally only available through a dealership program.
Did we mention that this marketplace does an inspection? This combines the professional assurances of Carvana with the personal independence of Craigslist.
The TRED business model uses a thinner transaction margin because it facilitates car sales without having to pay for local real estate or salespeople.
The whole point is that when you sell through TRED, you get the highest price possible. At the same time, your buyer will be getting the lowest price possible. TRED even keeps a real-time tally updated with the last 60 days of information. On average, sellers make over 40 percent more than the Kelley Blue Book Trade-In value, and buyers pay an average of 28 percent less than the typical dealer list price.
So, whether you use the product to buy or sell a car, you will save money.
When you sell through TRED, what do you have to do?
When you sell a car through TRED, your email address is privacy protected, but your listing still goes to over twenty car sites. After it’s live, TRED will help you get your car inspected. Once inspected, you get an instant offer price from a TRED wholesale partner. If you accept, your listing will be closed and they will come to pick up your car. If not accepted, the listing goes on as usual.
The service makes it easy to schedule and conduct any test drive requests at a FedEx location. Sellers will get a TRED packet in the mail to help with test drives and paperwork.
When you sell through TRED, what does the company do for you?
TRED helps to ensure trust by doing an identity check of both the buyer and seller, as well as a vehicle history check, and vehicle condition check.
To be TRED-Verified:
Once uploaded, this information is encrypted for privacy.
TRED facilitates payments. This isn’t the case with several other marketplaces. This is super helpful because it adds another level of trust to the peer-to-peer sales process that isn’t always available.
You can buy your new car with an ACH or with a credit or debit card, or via financing through TRED or a third-party. When a seller accepts an offer, payment is collected by TRED. Funds are wired to the seller’s account.
Each payment is guaranteed, and TRED insures the transaction amount.
Then, TRED even does the paperwork for both the buyer and seller.
Consumers can sign up for a monthly report to track your car’s value and see how it changes, plus see what similar models are being actively sold for. It will include the dealer trade-in value, private party sales data, and the TRED suggested list price.
Currently, the TRED marketplace platform only facilitates sellers from the following areas:
Despite this, users can buy a car through TRED from anywhere in the United States and have it shipped to their home or office.
Hopefully, this platform will be more widely available for sellers soon within the next few years.
I thought the service was excellent value. You removed a lot of headache and made it really smooth for me. I also liked the price setting piece. I felt like it was hard to find another service that would be willing to say my price was "fair" - and you let me post it at the price I wanted.
Smoothest transaction ever. Made the car buying and paperwork so easy. Never bought a car with that ease of mind. They did all the paperwork. I just have to go and pick up the car.
I have always dreaded selling my own car. We discussed trading it in and got such a low offer that we thought we would at least try to sell it on our own. TRED made this process so pain free that I am still surprised. In under a week we sold our car for more than double what the trade in offer was. They offer a great service and a very clean website and well functioning app.
It's great to have a service to handle the transaction from my finance company, the buyer and the DMV. Everything went so quick, both me and the buyer were shocked! Thank you!
had an amazing experience. Just a few clicks and I was all set up. My truck was listed on like 8 or 10 websites basically immediately. Within 5 days of it being live, I had 5 people message me about it and gave 2 test drives. The second guy bought the car on the spot. I sold it for 4,000 over what the dealership offered as a trade in. Loved how it made meeting up with people a lot safer and just more "normal" than some rando off of Craigslist of facebook. I would recommend this company to anyone trying to sell a car.
Great experience the whole way through. Staff was very responsive on the chat feature. Only snag was that the car sold quicker than the TRED packet could arrive in the mail but they are working with me on that
TRED made buying a car easy and stress free!! Chris had outstanding customer service and made me feel like I could really trust them!! I encourage everyone to use this service!!! Thank you so much!!!
Awesome experience, the TRED team literally is there for help with any question anytime and always has the right answer for you. It is a straightforward process and very easy to sell your vehicle with exposure to a larger audience than you would normally have access to.
The whole team at TRED was phenomenal! They made what can be an overwhelming process, seamless. I would definitely recommend using TRED to sell your car. Kaushal
Tred was super easy to use. Very quick and efficient. The car was a great price. Mailing my paperwork was easy with the prepaid envelope and the meet up spot. I have my car and now im just waiting for title and everything. Thank you so much for making this so smooth and seamless
This was such a fantastic experience! Took me only 1 test drive and felt great about the recommended price. TRED walked us thru every step of the process. I can’t imagine buying or selling a car any other way!!
Seemed very professional; thoroughly vetted my vehicle and myself! I appreciated this because there are so many scams out there right now.
I attempted to sell my car on my own and didn’t have much luck. I listed with TRED and the car sold for asking in 3 weeks. They took care of all the paperwork and made the process simple. I recommend them to anyone selling a car by owner.
As a buyer, the experience was really easy. If I need to sell a car, I will definitely check out Tred.
Every car should be bought this way! I don't normally do this sort of thing, but I was so impressed with how effortless the transaction was that I have to share my experience buying a car through TRED. Just not having to wait at a dealership and sit in a DMV all day is reason enough to use TRED. I would like to thank their entire team for all their hard work and excellent service. I will definitely be using them again!
I would highly recommend TRED to anyone. The entire process was painless. John went out of his way to make sure all questions I had were answered in a very timely manner. You get the benefits (price) of buying from a private party AND the benefits (loan rates, security, etc) of buying from a dealership.
I felt more confident listing my car with TRED than other services I used in the past (e.g. Craigslist). TRED helped me with pricing my car, and the comms between seller/buyer was also excellent.
Great app and platform hopefully this is the future of car selling! It is almost to easy to sell your car with this site/app. Give it a shot and you won’t be disappointed
I had an excellent experience with TRED purchasing a used Tesla Model S. TRED customer support was very helpful, quick response, and made the entire process of purchasing a car with them very easy. They also followed up after the sale to ensure I was happy with their service. I like how they act as an escrow sort of company for your money so it is safer to ensure your transaction with the private seller is secure and legitimate. I highly recommend TRED and will use them again.
Max G Macias
The tred vehicle purchase was new to us but my son and I had an easy go if it.
“My experience with TRED has been very positive. The dashboard kept me informed of what stage my transaction was in, and clearly explained next steps. The best part is that TRED handles all the paperwork with the DMV. I look forward to receiving my title and license plates in the next 30-45 days.”
I was shocked at how easy the process was. Financing was a piece of cake. I never thought I’d buy a car through an app, but now I’m convinced. This is the Airbnb of car sales. I see a big future for this company!
This company is a huge waste of time and will scam you out of money that you didn’t expect to be charged. I was not able to sell my car. I got one response in 3 weeks and that person never replied to me. I tried to get a refund of a surprise $99 fee after I removed my listing since I sold it elsewhere. Save your money. You will get much better response selling on Facebook marketplace or NextDoor that this company!!!
Very easy to use and simple steps to get your vehicle up for sale quickly. Great communication as well and great price for listing.
I booked a test drive on Tred and went to see the car. I finalised the deal with the seller only to get to know that Tred has decided to offer that car to someone else. After me spending so much time and hassle on the process, it seems like Tred is just a sellers platform. Buyers should avoid it.
Revolutionary concept allowing for secured private party transactions! Offers saving for seller and buyer by being a tech platform rather than a dealership (no facility costs, no salesmen, much less overhead and asset risk). I believe they offer fraud checks, free carfax, pre-purchase inspection and some add-on services like titles to make life easier for everyone. Wanted to get an estimate and potentially list a car, but it is not available in my state yet. But their customer support was great and I really hope they can expand. In brief, it is the Airbnb of car transactions and takes away the opaqueness and shadiness of dealerships.