Vehicular ad-hoc network (VANET) provides a unique platform for vehicles to intelligently exchange critical information, such as collision avoidance messages. It is, therefore, paramount that this information remains reliable and authentic, i.e., originated from a legitimate and trusted vehicle. Trust establishment among vehicles can ensure security of a VANET by identifying dishonest vehicles and revoking messages with malicious content. For this purpose, several trust models (TMs) have been proposed but, currently, there is no effective way to compare how they would behave in practice under adversary conditions. To this end, we propose a novel trust evaluation and management (TEAM). The framework created has been tested with the implementation of three types of TMs (data oriented, entity oriented, and hybrid) under four different contexts of VANET based on the mobility of both honest and malicious vehicles. Results indicate that the TEAM is effective to simulate a wide range of TMs, where the efficiency is evaluated against different quality of service and security-related criteria. Such framework may be instrumental for planning smart cities and for car manufacturers.