Customers with highest active bid are notified of the results from the subsequent Insurance Auction by e-mail. Additionally the results are posted under customer`s ‘My Account’ section. The results are published by 9 PM US EST the day of auction (unless our affiliated dealer is waiting for Insurance Auction approval, which can take up to 5 business days).
Even though a customer may hold the highest bid on our site, the Insurance Auction may have received and accepted a higher bid from another authorized party. Our affiliated dealer will only bid up to the customer`s maximum bid amount. That`s why we encourage our customers to submit their ABSOLUTE MAXIMUM bid they are willing to pay for the vehicle.
First, place a bid on a vehicle before the specified deadline. The bid is placed in PENDING status. In order for the bid to be accepted and presented, the vehicle buyer must ACTIVATE the bid by submitting a $400 or 10% deposit (whichever is higher). Read more
If a bid is received within the last 5 minutes of the deadline on our site, the bidding end time is automatically extended for an additional 5 minutes. This feature has been implemented to allow the customer previously with the highest bid to increase. RideSafely.com is service-company soliciting highest bids to be presented at affiliated insurance auctions. We encourage each of our customers to submit his highest bid from the beginning. Doing so will increase the affiliated dealer’s chances of acquiring the vehicle for the customer and will help mitigate further last-minute bid increases.
No, you do not. But if you do not agree to the terms of the Agreements, you CAN NOT place offers on our site. Please remember that BY CLICKING THE `SUBMIT` BUTTON YOU AGREE TO THE TERMS OF THE AGREEMENTS (PURCHASE ORDER AGREEMENT and DEPOSIT AGREEMENT). Note that you may view your e-signed Agreements for each purchased vehicle under `My Documents` menu, or request copies of these documents at any time by emailing your request to our Customer Service Department.
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