Auction terms & policies

The documents that govern buying and selling at RideAuction.

How this works

Only a published document applies; a draft is still being finished and is never binding. When RideAuction asks you to acknowledge a document before you bid or sell, you do it under Required documents. Unit questions (Q&A) stay off until RideAuction’s legal counsel approves their terms.

Legal documents and acknowledgements

Terms of Bidding and Sale (Canada)Version 10
The terms under which Canadian dealers bid, buy and sell on RideAuction: binding bids, Buy Now, offers, fees, payment, title, release and delivery.
Applies to: Bidding and Selling · In force since November 2, 2026
Buyer TermsVersion 3
Obligations of a winning dealership: binding bids, payment, pickup.
Applies to: Bidding · In force since October 19, 2026
Seller / Dealer TermsVersion 4
Obligations of a selling dealership: accurate disclosures and documents, holding sold units for release to the authorized pickup party, settlement.
Applies to: Selling · In force since October 20, 2026
Privacy PolicyVersion 5
What personal information RideAuction collects and how it is used.
Applies to everyone · In force since October 22, 2026
Bidding RulesVersion 3
How bids, Max Bids, Jump The Bid, reserves, increments and time extensions work.
Applies to: Bidding · In force since October 19, 2026
FeesVersion 4
Buyer and seller fees and when they apply.
Applies to: Bidding and Selling · In force since October 20, 2026
Payment & Settlement PolicyVersion 3
How and when buyers pay and sellers are settled.
Applies to: Bidding and Selling · In force since October 19, 2026
Cancellation & Default PolicyVersion 3
What happens when a sale is cancelled or a party does not complete it.
Applies to: Bidding and Selling · In force since October 19, 2026
Dispute PolicyVersion 3
How disagreements about a sale are raised and resolved.
Applies to everyone · In force since October 19, 2026
Wholesale Bill of Sale templateVersion 10
Versioned BOS wording for review and publication. Publication does not verify issuer identity, grant seller agency authority or enable issuance.
Applies to everyone · In force since November 2, 2026
Wholesale Bill of Sale template (several units)Version 2
Versioned wording for one Bill of Sale that lists several units of one buyer and one seller. Publication does not verify issuer identity, grant seller agency authority or enable issuance.
Applies to everyone · In force since October 28, 2026