What does “Bonus Time” mean during an auction?
“Bonus Time” is an automatic time extension added to an auction when a bid is placed in the final moments before the countdown ends. This feature ensures that all interested buyers have a fair chance to place their bids, even if decisions are made at the last second.
Why Bonus Time Matters
- Encourages competitive bidding by preventing last-second “sniping.”
- Gives all participants extra time to respond with a higher bid.
- Helps ensure the final sale price reflects true market interest.
This extension typically lasts a few seconds and continues to reset with each new bid during the Bonus Time period.
For further assistance, feel free to contact RideSafely support.
If you have any questions about auction terms, feel free to contact the RideSafely support team at (215) 289-0300 for expert guidance.
Thank you,
The RideSafely Team
feedback[at]ridesafely.com
Updated: April 5, 2025, 1:17 PM
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