How do I place bids online in an auction?

Placing a bid on RideSafely is simple and secure. Just follow these steps:

Step-by-Step Bidding Process

  • Initiate Your Bid
    Select the vehicle you’re interested in and place your bid before the listing deadline. Your bid will initially show as Pending.
  • Activate Your Bid
    To activate your bid and make it eligible for auction, you must submit a deposit (either $600 or 10% of your bid amount, whichever is greater).
  • Notification of Highest Bid
    If your bid is the highest active bid, RideSafely will notify you shortly after the bidding deadline.
  • Bid Presentation
    RideSafely will represent you as your licensed dealer and submit your bid at the insurance auction, which is not open to the general public.
  • Winning the Auction
    If your bid wins, RideSafely will acquire the vehicle on your behalf. You will then have two business days to pay the remaining balance.
  • Refund or Reuse of Deposit
    If RideSafely does not win the vehicle, you may:
    • Request a refund of your deposit
    • Or apply the deposit toward bidding on another vehicle listed on RideSafely

Related FAQ

Need help placing a bid? Feel free to contact RideSafely Support or call us at (215) 289-0300 for immediate assistance.

RideSafely company logo showcasing its distinctive brand identityThank you,
The RideSafely Team
feedback[at]ridesafely.com

Updated: May 12, 2025, 5:00 PM  

May 12, 2025   3112   RideSafely    Process  
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