I want to increase bidding limit, What steps are involved?
/0 Comments/in Processability/by RideSafely.comTo increase bidding limit please follow the following steps:
- Go to any vehicle item on our auto auction website.
- Click on the bidding limit tab located above item location information.
- On the bidding limit tab, find a calculator and enter your MAXIMUM potential bid (your ability to bid up to that amount) – this is not your bid, just your ability to bid to that amount if necessary.
- Click calculate and the system will then prompt you for either credit card processing or wire transfer instructions.
How do I pay for the car?
/3 Comments/in Paymentaccept/by RideSafely.comPayment Instructions and Rules
RideSafely’s Guide to a Seamless Payment Process
Payment Terms
- Balances can only be settled through bank wire transfer, cashier’s check, or money order. Personal checks and Western Union are not accepted.
- If you’re outside the United States or face payment delays, consider prepaying the total amount before offering or be ready for daily late fees.
- RideSafely imposes a standard fee of $299 for all vehicles priced over $1,000.
- A $85 $150 Documentation Fee applies to each vehicle purchase, covering essential title transfers and mailing. Please note that this fee will be effective from January 1, 2024. The adjustment is a response to the rising costs associated with title processing. Furthermore, the updated fee now includes 2nd-day FedEx shipping for titles within the United States.
- Insurance auction fees also apply, varying based on the vehicle’s purchase price, auction type, and location.
- For your convenience, each listing features an integrated calculator to estimate insurance auction fees and our standard fee.
Balance Due
- Customers are required to settle the balance due in full within 2 business days following the sale confirmation notification.
- Upon acceptance of an offer by the Insurance Auction, a Sale Confirmation Notification is sent via email to the customer, and the customer’s invoice is updated on RideSafely’s website.
- It is the customer’s responsibility to check their updated invoices by navigating to “My Account” and then “My Transactions”, as well as their email for updates.
- Accounts with payments made after the specified due date will incur a Late Fee of $100 per day for each item.
Late Payment Fees and Penalties
- Vehicles unpaid within 2 business days of the invoice date will incur a late fee of $100 per day.
- Vehicles remaining unpaid for a week will be re-listed, resulting in the suspension of your account and forfeiture of your deposit.
Storage Fees
- Insurance auctions offer complimentary storage for items purchased for up to 4 calendar days, starting from the purchase date.
- Beyond this period, a Storage Fee ranging from $25 to $50 per day, per item will be incurred, inclusive of weekends.
- Vehicles not retrieved within 2 weeks from the auction date may be deemed abandoned by the Insurance auction and are subject to resale without any compensation to the customer. Therefore, it’s crucial to ensure timely pickup of your vehicle.
Additional Fees and Services
- A $20 Forklift Loading Fee may be applicable, typically for inoperable vehicles.
- Actual loading and storage fees can be settled by customers directly at the auction upon vehicle pickup.
- Alternatively, customers have the option to pay storage and loading fees through RideSafely, and we will handle the payment to the insurance auction on your behalf.
- Please note, that if there is an outstanding balance on your account, your vehicle will not be released. Additionally, RideSafely does not offer crating or pallet provisions for any items.
Pickup, Shipping, or Delivery
- Customers are welcome to personally pick up their purchased items without any additional fees.
- Many customers opt for the convenience of a transportation company or broker to manage the shipment of their vehicles.
- RideSafely can also assist you with shipping your vehicle through reliable third-party car shipping services.
Helpful Topics
Payment Related
- What is a credit card hold and how does it work?
- Do you accept cash?
- Do you accept credit cards?
- Do you accept debit or Visa cards?
- How much is the security deposit?
- How much does your service cost?
- What is the RideSafely fee?
See all questions and answers related to the payment process.
Shipping Related
- How much does it cost to ship a car?
- What time can I pick up my vehicle?
- What do I need to pick up the vehicle?
- Is there a time limit to pick up the vehicle?
- Can I drive a salvage vehicle home?
- How do I know where to pick up the car?
- Is there a time limit to pick up the vehicle?
See all questions and answers related to the shipping process.
If you’re looking to buy a car from an auction and require further information, please don’t hesitate to reach out to us at RideSafely. Contact us at (215) 289-0300 for assistance. We’re dedicated to helping you navigate your auction purchase smoothly.
Thank you,
Team RideSafely.com
feedback[at]ridesafely.com
I wired the full amount, but my invoice shows a lesser amount received. Why?
/0 Comments/in Paymentaccept/by RideSafely.comInternational wire transfers can sometimes incur fees from intermediary banks, in addition to fees from the originating bank. If you reside outside the US, please be aware of potential intermediary bank fees when sending international wire transfers.
If you have any additional questions, please do not hesitate to contact us at (215) 289-0300.
Thank you,
Team RideSafely.com
feedback[at]ridesafely.com
What does the bid amount include?
/0 Comments/in Processamount/by RideSafely.comThe bid amount on RideSafely.com primarily represents the vehicle’s auction price. However, it doesn’t encompass associated expenses such as auction fees, RideSafely service charges, loading fees, documentation fees, transportation expenses, and so forth. These costs are supplementary to the bid amount.
- The exact fees can differ based on the vehicle’s value, the specific auction, and its location.
- This pricing structure is known as “all-in” pricing.
- RideSafely offers “all-in” pricing to enhance the customer experience.
- “All-in” pricing provides clarity and transparency to the purchasing process.
- It ensures that customers are informed upfront about the total expenditure.
With us, you’ll encounter no hidden charges or unexpected costs.
(Please be aware: A $150 documentation fee is applicable, and it is not factored into the offer price.)
If you have additional questions or need assistance, our RideSafely team is here to help. Connect with us at (215) 289-0300 for prompt support.
Thank you,
Team RideSafely.com
feedback[at]ridesafely.com
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