How does RideSafely’s process work for Copart, IAA, and other auctions?

Start by placing a bid on a vehicle before the given deadline. Initially, your bid will be marked as PENDING. To have your bid considered and forwarded, you must ACTIVATE it by depositing either $600 or 10% of the bid amount (whichever is greater).

The vehicle buyer holding the highest ACTIVE bid receives a notification shortly after the deadline, informing them of their lead.

Subsequently, our partner dealers will represent the vehicle buyer and submit the bid to the Insurance Auction, which is not accessible to the general public. Should our partner dealer win the vehicle at this auction, they procure the vehicle on behalf of the vehicle buyer. The buyer then has 2 business days to settle the remaining balance. For detailed payment instructions, please see: How do I pay for the car?

In the event our affiliated dealer doesn’t secure the vehicle, the deposit can either be refunded to the buyer upon request or be utilized for a bid on any vehicle listed on RideSafely. Visit our Auto Auction website for more choices.

Should you require further assistance or have questions, feel free to reach out to us at (215) 289-0300. Our team is always ready to help.

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

Updated: September 13, 2024, 2:50 PM  

February 24, 2016   26359   RideSafely    Process    
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1 reply
  1. RideSafely
    RideSafely says:

    Discover the simplicity of RideSafely’s Auto Auction process. Choose your desired vehicle, place a bid or make a purchase, and drive it home. Our platform offers an unmatched, user-friendly experience. Best of all, no dealer license is required to purchase used vehicles from RideSafely.

    For any questions or concerns, please don’t hesitate to contact us.

    Warm regards,

    Customer Service Team
    RideSafely
    @ridesafely”

    Reply

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