It's easy to buy at a Ritchie Bros. unreserved auction…
Interested in Items up for Bid at one of our Auctions?
All Ritchie Bros. auctions are unreserved
and open to the public. Every item sells to the highest
bidder as is, where is on sale days.
You can inspect the trucks and equipment at all of our
auction facilities anytime before the sale. All items are
organized in a logical fashion for easy viewing and comparison.
We're happy to make any service records and manuals that
we have on hand available to you — for your convenience,
these units are identified by a sticker on the machine and
a note in the sale day catalog.
Plus, in most cases you can confidently put the machine to work immediately
after the sale.
Can't Make it to the Auction?
Participate live and in real time over the Internet with
rbauctionBid-Live.
You can see an image of the equipment as it sells, hear
the auctioneer call out bids and place your bids over the
Internet, live and in real-time. New
to live online bidding?
Or, you can place a bid by proxy with rbauctionBid-Proxy
or by contacting the sale site. New
to bidding by proxy?
Registering to Bid is Free
Before bidding, we ask you to register at the sale site.
Registration is available several days before the auction
and is free. In some cases, a deposit may be required.
When registering, you will be asked to complete the Bidder's
Registration Agreement. This consists of filling in your
name, address, the company you represent (if any) and banking
information. You must also present a piece of photograph
identification, such as a driver's license or passport.
A letter of guarantee from your bank, cash deposit, or other
form of satisfactory payment ability is required.
Complete registration information can be accessed online
by choosing the auction of interest from the calendar drop-down
list on the rbauction.com home page and clicking 'GO', then
following the 'Registration Info.' link.
After you read our terms and conditions and sign your bidder
card at the auction, you will receive a detailed catalog
listing all the items with their descriptions in sale order.
Your catalog has your designated buyer number on it, and
any purchases that you make during the sale will be recorded
with this number.
Check to see if the Catalog
for the Auction of interest to you is posted online.
This normally occurs a few days before the sale.
For simplified registration at the sale or to participate
in online bidding services, become an Express
Bidder today.
Auction Time!
The auction starts promptly (usually at 8:00am) in a comfortable,
seated theater. After the auctioneer explains the terms
and conditions of the auction, the mobile equipment items
are driven across the selling ramp as they are auctioned.
The pace is quick, with one item selling every 40 - 60 seconds!
At the conclusion of the ramp portion of the sale, stationary
equipment is auctioned. Interested bidders follow a sound
truck around the yard as the auctioneer sells the items.
Tell Me About Bidding
The auctioneer announces the lot number and offers an ask
price. If he does not receive a bid at this price, he will
drop the price until someone starts the bidding. Bidding
is easy - just raise your auction catalog!
One of our bid catchers, standing in front of the crowd,
will relay the bid to the auctioneer. Bidding continues
until no more bids are offered. The auctioneer will then
announce the lot as SOLD, and the process starts over again
on the next lot.
Every item in a Ritchie Bros. auction sells unreserved
to the highest bidder on auction day.
I've Bought Something - Now What?
When you've finished bidding for the auction, you will
receive an invoice listing all your purchases. Payment must
be made within 7 days of the auction. Please note, for any
lot selling for$ 2,500 or less (in the currency of the auction),
a administrative fee of 10% will be charged.
In addition, if you made your purchases using the rbauctionBid-Live
Internet bidding service, your purchases are subject to
an Internet Purchase Fee of 2% of the purchase price to
a maximum of $500 plus applicable taxes (in the currency
of the auction) per lot. Purchases made by Proxy Bids are
subject to a Proxy Purchase Fee of 2% of the purchase price
to a maximum of $500 plus applicable taxes (in the currency
of the auction) per lot. These fees apply only to buyers.
Taxes on fees are applicable to all buyers. No charges or
fees apply to unsuccessful bidders.
Payment information can be found for any sale in the Terms
and Conditions information which can be accessed online
by choosing the auction from the calendar list
on the rbauction.com home page and following
the 'Term & Conditions' link.
Several transportation and financial service providers
are at every auction to assist where needed; their contact
information along with other sale specific information is
available on each auction event web page. Once you've paid
for your purchases in full, you may collect your equipment
from the yard, and put it straight to work!
