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Ridesafely.com Informative - Beware - Internet bids on salvage vehicles.
Internet bids on salvage vehicles.
Most online auctions allow you to place a max bid and realize the savings as the other bidders fall below your max at the close of the bid. For instance If you place a bid for $5000 as a max and the other bidders only bid up to $4000 then you get the item for the $4000 amount and you save $1000 from what you were willing to pay since nobody else was willing to pay above the $4000 mark.
Ridesafely does not work that way. Ridesafely conducts auctions without any ownership of the item being sold. They simply get everyone to bid on a listing of items which they plan to bid on at a future date. They also bid up to an amount which guarantees Ridesafely a profit. So in the above example, Ridesafely takes your $5000 bid and either buys the item for $4000 and charges you $5000 or declines to offer up the $4000 amount if they don't think $1000 is enough profit.
Many of the items Ridesafely is trying to sell us can be found on the following site (http://home. copart.com/c2/copart_home_page.html) you will need to use a broker in order to buy here but you'll find this much more competitive place and better people to deal with.
Ridesafely does not work that way. Ridesafely conducts auctions without any ownership of the item being sold. They simply get everyone to bid on a listing of items which they plan to bid on at a future date. They also bid up to an amount which guarantees Ridesafely a profit. So in the above example, Ridesafely takes your $5000 bid and either buys the item for $4000 and charges you $5000 or declines to offer up the $4000 amount if they don't think $1000 is enough profit.
Many of the items Ridesafely is trying to sell us can be found on the following site (http://home. copart.com/c2/copart_home_page.html) you will need to use a broker in order to buy here but you'll find this much more competitive place and better people to deal with.
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