Can I participate in the auction without a preliminary bid?

Yes. Some auctions are available for live bidding. If you see an item which has a green Live auction broadcast icon, you can participate in the live auction yourself. Please make sure you have sufficient deposit available on your RideSafely.com to bid up to your maximum bid. Read more

Preliminary bid and closed bid is the last price on bidding or is there more bidding?

Once the preliminary bidding closes on our site, live auction will begin at the insurance company auction. We will be presenting the highest bidder at the auction up to their max bid. Please keep in mind, if the item sells for less, you get it for less. Related FAQ. Read more

What is Preliminary Bidding? Auction Types

Preliminary bidding means bidding before the actual auction takes place. This is where RideSafely.com will collect the highest bidder and then present that offer at the actual live auction.

Keep in mind, we will bid in the smallest possible increments up to your max bid (if necessary) to try to get the best price for you at the vehicle auction. Read more