TRED

• Added Assurances
• Savings
• Sell Your Car
• Protects Users from Fraud
• Facilitates Payment and Paperwork
• Monthly Vehicle Value Report

Added Assurances

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.

TRED Assurances:

• Facilitating loan repayment, if you still owe on your car when it sells
• CARFAX vehicle history report
• Vehicle inspection
• Buyer financing
• Extended warranties and service contracts
• GAP insurance

Did we mention that this marketplace does an inspection? This combines the professional assurances of Carvana with the personal independence of Craigslist.

Savings

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.

Sell Your Car

When you sell through TRED, what do you have to do?

• List your car
• Get an inspection
• Coordinate test drives
• Accept an offer

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?

• Helps with pricing information
• Advertises on over 20 websites
• Verifies potential buyer information
• Handles fees and paperwork for your state
• Helps with buyer financing
• Coordinates the whole process
• White glove service — they will do DMV title transfers so you don’t have to, saving you time.

Protects Users Against Fraud

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:

• Download the app on a mobile device
• Take a photo of your driver’s license (front and back)
• Take a selfie

Once uploaded, this information is encrypted for privacy.

Facilitates Payment and Paperwork

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.

Monthly Vehicle Value Report

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.

• Selling States

Selling States

Currently, the TRED marketplace platform only facilitates sellers from the following areas:

• Portland, Oregon
• San Francisco Bay Area
• Seattle-Tacoma, Washington
• Southern California
• San Antonio, TX
• Austin, TX
• Dallas, TX

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.