RideSafely is Requiring a $600 bid deposit. Do I get this back if I do not win the auction, or I just want it returned?

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Yes. As a matter of fact, we don’t actually charge your credit card. We preauthorize it. So if we do not claim it for an actual purchase or you are currently not using it to secure your bid, it will automatically expired back to your card within 5 days. You can always request a refund online or by calling us and get it back sooner. Learn more about Credit Card Hold FAQ. Read more

I want to buy a truck but do really understand how it works i know we can bid and also we can buy now but when bidding do i put a deposit down before i bid and if so do i get my deposit back if i don’t win bid?

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Yes, you must put a deposit down before you can activate any bid. The deposit is either $600 or 10% of your bid amount (whichever is greater). Considering we don’t actually charge your credit card for the deposit amount, we just put a hold on it, the funds never leave your credit card. If we do not use your deposit towards a purchase, the hold will automatically get released within 5 business days back to you credit card. Learn more about Credit Card Hold FAQ. Read more

If I bid on a vehicle and do not win, does the $600 deposit refundable? Are there any charges per bid ie: Do you charge an amount each time I bid even if I don’t win the vehicle

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No, we do not charge anything if we are not able to purchase the item for you. As a matter of fact, we don’t even charge the credit card for the deposit, we just preauthorize it (put it on hold). This way if you don’t win, the hold will automatically get released back to your card within 5 days. Learn more about Credit Card Hold FAQ. Read more

Will my bidding deposit be placed on another vehicle if did not win, or it will be refunded?

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You can keep reusing your deposit on any vehicle for up-to 5 days. If we do not charge the credit card within 5 days, your funds will automatically be refunded back to you as long as you don’t have any active bids. Related: Credit Card Hold FAQ Read more

RideSafely.com charges a flat fee of $299 for all vehicles over $1,000. QUESTION: Is there a fee for vehicles under $1000?

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Yes. Under a $1000 fees will vary based on price bracket. It goes from $199 and up. Please use fee calculator located on every description page to view the exact fees. Read more