How do I place bids online at an auction?

How to Place Bids Online at RideSafely Auctions

  1. Initiate Your Bid: Place your bid on a vehicle before the deadline. Initially, your bid will be in PENDING status.
  2. Activate Your Bid: To have your bid considered, activate it by submitting a deposit of $600 or 10% of the bid amount, whichever is higher.
  3. Notification of Highest Bid: If your bid is the highest ACTIVE bid, you will be notified shortly after the deadline.
  4. Bid Presentation: Our affiliated dealers, acting on your behalf, will present your bid at the Insurance Auction, which is closed to the general public.
  5. Winning the Auction: If our dealer wins the vehicle, they acquire it on your behalf. You must then pay the balance within two business days.
  6. Refund or Reuse of Deposit: If our affiliated dealer does not win the vehicle, you can request a refund of your deposit. Alternatively, you can apply this deposit toward an offer on another vehicle.

See also

If you have any questions about online bidding on RideSafely, please feel free to contact our support team at (215) 289-0300. We’re here to assist you!

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Team RideSafely.com
feedback[at]ridesafely.com

Updated: August 1, 2024, 4:13 PM  

August 1, 2024   2914   RideSafely    Process    
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