How do I pay for the car?

Payment 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

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.

RideSafelyThank you,
Team RideSafely.com
feedback[at]ridesafely.com

Updated: July 24, 2024, 3:47 PM  

February 24, 2016   110138   RideSafely    Payment    
205 out of 236 found this helpful
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3 replies
  1. RideSafely
    RideSafely says:

    RideSafely Auto Auction sales representatives will be happy to assist you with any questions regarding the vehicle purchase inquiry. For questions about vehicle purchase, contact our sales team at the numbers listed here.

    Kind Regards
    Customer Service
    RideSafely team
    @ridesafely:disqus

    Reply
    • RideSafely
      RideSafely says:

      Yes, if the auction doesn’t have a reserve set on that item, you will win it at the highest bid. However, we do not know if the item has a reserve price until we win it at the auction.

      If you have any additional questions, please do not hesitate to contact us at (215) 289-0300.

      Best regards,

      Customer Service
      Team RideSafely.com
      feedback[at]ridesafely.com

      Reply

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