Tred.com is a website dedicated to helping both buyers and sellers save money when buying or selling a car online. Tred cuts out the middleman by acting as a broker but without charging the usual high broker fees. Tred only accepts private dealers. The site helps with transactions and logistical issues like taxes and title transfers, and they also inspect cars to make sure they are fit for sale.
Tred offers the best of both worlds - the assurances of buying a vehicle from a dealership with the comfort and ease of buying from an individual.
- Personal sellers
- Minimal broker fee
- Help with paperwork and payment
- Limited selling areas
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What is Tred?
Tred is an online car buying site that specializes in selling low-cost vehicles from private sellers. You can both buy and sell cars from Tred.
|Types of sellers||Private sellers|
|Selling areas||Seattle, Portland, San Francisco, Los Angeles, San Diego, San Antonio, Austin, Dallas, Houston|
|Buy or sell a car||Yes|
|Features for buyers||Extended warranties, GAP insurance and buyer financing|
|Features for sellers||Tred’s Monthly Vehicle Value Report, minimal broker fee|
|Other features||Mobile app, vehicle inspections|
How does Tred work?
Buying a car from Ted is simple because Tred does more than simply sell cars; it also helps with logistics and paperwork, including registration, title transfers and taxes. Tred bases its success on cutting out the middleman by acting as the broker, but without charging a typical broker’s fee. That helps both the buyer and the seller save money on the exchange. Tred also helps guide payment between the buyer and seller. Dealers cannot sell vehicles through Tred — only private sellers are accepted.
Tred’s business model means they are able to save the money traditional brick-and-mortar dealers have to spend on overhead. These savings are passed on to both buyers and sellers, making some vehicles on Tred cheaper than similar cars you’ll find at a local dealership. Still, with a wide range of vehicles at both low and high price points, it’s difficult to predict what you will pay for a vehicle from Tred. The best way to find out is to visit Tred’s website.
Buying a car on Tred
You can use several filters while looking for a car to narrow down your search. From the search results, you can look at pictures, cost, mileage and estimate the monthly payment. Tred ensures the legitimacy of both buyers and sellers by taking several important steps. Every vehicle undergoes an accident history and mechanical check to see if it is appropriate for sale. Buyers and sellers must download the Tred mobile app, snap a photo of their driver’s license and take a photo of themselves for identification purposes.
Tred also facilitates payment, a rare feature among online car buying sites. One downside of Tred is that it only allows for sellers in a few select areas: Seattle, Los Angeles, San Diego, San Antonio, Austin, Portland, San Francisco, Dallas and Houston. However, buyers can buy from anywhere in the United States and shipping is available.
Selling a car on Tred
You can sell your car through the Tred website where you can set the selling price and also receive help with loan repayments. They can provide extended warranties, GAP insurance and buyer financing. Tred’s Monthly Vehicle Value Report helps you keep track of your car’s worth and any subsequent fluctuations.
Tred performs an inspection for every vehicle. This added assurance goes a long way in demonstrating to potential buyers that the vehicle is in good condition and ready to sell. Tred claims that their business model, which doesn’t require payment to salespeople, means sellers can keep a larger portion of the money in the sale.
Is Tred worth it?
Tred is worth it if you are looking to buy from a private seller but also want the reassurances that traditionally come with buying through an established dealer. Tred provides peace of mind by dealing with typically tedious and stressful components of buying a car, like title transfers and tax work. For many Tred reviewers, this online car buying site is a welcome reprieve from the chore of buying or selling a car.
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I purchased a vehicle in July in which I paid cash. It is now October and i have not received the tags, registration or title. TRED blames it on a third party whom they use to process the paper work. They say that the third party has lost documents. No one at TRED can give me an answer on where we are in the process or how much longer it will take. I will never use this service again. Buyers beware!
Tred Company Information
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