Interested in becoming an authorized Dealer on the TRADE X platform but have some questions first? Take a moment to read through some of the commonly asked inquiries we have received to understand fully how TRADE X can put you in the driver’s seat of the vehicle trading part of your business.
Being an Authorized Dealer
Great question. Let’s create a couple of examples:
Scenario 1 (Canadian seller, vehicle still in Canada):
If a buyer fails to pay the remaining balance, TRADE X will forward you the deposit, less any applicable seller's fees, and arrange for the return of your vehicle.
Scenario 2 (Canadian seller, vehicle crossed into USA): If a buyer fails to pay the remaining balance, TRADE X will forward you the deposit, less any applicable seller's fees. As the car cannot be returned to Canada, TRADE X will resell the vehicle to another buyer in the USA and remit the remaining payment to you.
Authorized Seller: 3.5%
Authorized Buyer: 1%
Pay Later Option: Add 1%