Zetrix AI (formerly known as MyEG) has officially launched RideNow, a motorcycle digital marketplace designed to protect sellers from online scams and fraud.
Developed via a joint venture between Zetrix AI subsidiaries MY EG Sdn. Bhd. and MYEG TwoCar Sdn. Bhd. alongside Autzen Marketing Sdn. Bhd., the platform connects motorcycle owners with verified dealers through a controlled bidding process.
How RideNow protects sellers from online scams
Online eCommerce scams continue to pose a major financial threat in Malaysia, with overall online fraud losses surpassing RM430 million in early 2026 alone. Selling high-value items like motorcycles on open, informal marketplaces often leaves owners vulnerable to common trapssuch as phantom buyers who vanish, fake payment receipts, and unrealistic lowball offers.
RideNow eliminates these risks by creating a closed, controlled transaction environment where the bidding platform is strictly restricted to vetted, validated dealers, ensuring sellers never have to interact with unknown or unverified third parties.
How the 6-step selling process works
Selling a motorcycle through RideNow is completely free for owners, featuring zero upfront fees, no listing costs, and no hidden administrative charges. Here is how the end-to-end process works:
Step 1: Submit Bike Details – Enter your motorcycle’s brand, model, year, and mileage on the RideNow website, then verify your mobile number via OTP.
Step 2: Get Instant Valuation – Receive an instant market-based price estimate completely online with zero upfront fees, listing costs, or hidden charges.
Step 3: Free On-Site Inspection – Pick your preferred date, time, and location to receive a WhatsApp confirmation and have a certified inspector come directly to you. Most privately owned Malaysian bikes (even those with outstanding loans) are eligible, provided they aren’t modified, stolen, or heavily damaged.
Step 4: Lock in Your Price – Establish your minimum payout and baseline price lock after physical verification before the motorcycle enters bidding.
Step 5: Closed Dealer Bidding – Your motorcycle goes into closed bidding sessions held twice daily on weekdays where verified dealers compete for the highest bid. You are under no obligation to sell if you aren’t satisfied with the top offer.
Step 6: Fast Payment & Free Transfer – Once you accept an offer, RideNow coordinates vehicle collection and handles the Vehicle Ownership Transfer (VOT) on the spot via MYEG TwoCar. Bank transfer payments are processed in 1 working day (or 2–3 days if bank loan settlement is needed).
Key highlights and seller advantages
RideNow is designed to eliminate common friction points associated with traditional peer-to-peer sales:
- Dealers Fight For Your Bike – Verified dealers compete in closed bidding sessions with no payout ceiling to push your final selling price as high as possible.
- Fast Sales & 24-Hour Payouts – Experience a rapid sales process where your bike can be sold in 4 hours to 7 days with payouts issued in as fast as 24 hours after ownership transfer is complete. All without meeting a single stranger.
- Zero Fees, Not One Ringgit – Enjoy a 100% free platform with no upfront listing fees, hidden admin charges, or inspection costs.
- No Strangers at Your Door – Only a certified inspector visits your preferred location meaning no unknown buyers, joyrides, or risky cash dealings.
- Locked Price Floor – Establish a confirmed baseline payout before bidding begins so no dealer can low.
- Official JPJ Transfers Handled – Complete ownership transfer securely on the spot via MYEG TwoCar, backed by fast bank transfer payouts.
Value added benefits for the users through strategic industry partnerships
To give sellers and participating dealers greater confidence, RideNow has built several user benefits directly into its platform through strategic industry partnerships. Through a collaboration with RHB Insurance Berhad, transacted motorcycles come with integrated warranty protection, offering peace of mind to buyers while helping sellers secure better value for well-maintained bikes.
Additionally, RideNow teamed up with The Otomotif College (TOC) to establish the RideNow Certified Inspector (RCI) Programme, ensuring every mobile inspection is conducted by professionally trained technicians for fair and accurate valuations.
The platform is also pursuing further ecosystem collaborations with leaders such as MODENAS, AEON Credit Service, and Boon Siew Honda to support financing and trade-in options.
When does RideNow start, and how can you sign up early?
The RideNow platform will officially open to the public in September 2026.
Before the public launch, motorcycle owners can sign up early on the RideNow website to join the wait list and pre-list as a “Founding Seller”. Signing up grants early access to platform updates and closed bidding rounds. In addition, early registrants receive FREE Roadside Assistance powered by Chillax (worth up to RM200) simply by providing their full name, phone number, and motorcycle plate number.
