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 $600 or 10% deposit (whichever is higher). Read more
If a customer has the highest ACTIVE bid at the end of the RideSafely.com end of bidding time, we automatically notify him via e-mail and update his account on RideSafely.com. It is the customer’s responsibility to check his e-mail and bid status by selecting the `My Account` menu and then the `My Bids` option.
If the customer never activated a ‘Pending Bid’, it`s not considered to be the highest and won`t be presented at the auction. To activate a bid the customer must submit a security deposit of $400.00 or 10% of the bid amount (whichever is greater). Up until the RideSafely.com bidding closes, we notify customers via email when they have been outbid, or if they need to activate their bid. We also recommend customers to regularly check their bid status in the “My Bids” page before the bidding ends.
Next, one of our affiliated dealers, on your behalf, bids at the Insurance Auction (closed to the general public). If the bid is accepted by the Insurance Auction, our authorized affiliate dealer acquires the vehicle for the customer.
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.
Langhorne, PA 19047, US
Phone: +1( 215) 289-0300
- Mon - Fri: 9:00 AM - 5:00 PM ET