Selling Rental Company Equipment

Ritchie Bros. offers a number of unique benefits and services to the rental equipment industry. We help companies maximize the return on their assets at sale time while minimizing efforts and marketing expenses. Benefits and services include:

• global fair market value for equipment
• a comprehensive marketing program
• on-site refurbishing at auction facilities
• asset tracking and reporting from delivery to auction
• quick equipment valuations
• 1031 / like-kind exchanges for U.S. customers
• an international network of auction sites and offices
• a commitment to customer service

There are 37 secure Ritchie Bros. auction sites around the world that can take delivery of your equipment any time before an auction. Each site conducts several sales each year, making it possible to dispose of surplus equipment quickly and efficiently. Sites also have full refurbishing facilities that allow you to increase the resale value of your equipment.

Ritchie Bros. is a public company, which gives us the financial resources to offer consignors several contract options. These include straight commission, a guarantee of gross auction proceeds or an outright purchase of assets.

Once you decide to work with Ritchie Bros., your equipment is marketed to the world. We use full-color brochures, the rbauction.com web site and advertisements in industry-specific publications to ensure a strong turnout of qualified bidders.

In 2007, there were over 254,000 bidder registrations from a broad range of industries and geographic locations at Ritchie Bros. auctions. That bidder diversity helps our consignors transcend local market conditions and achieve global fair market value for their items.

Learn more about selling your equipment at a Ritchie Bros. auction, or contact the Rental Division to learn how we can help you.