Buying Transportation Equipment
Truck and trailer buyers choose Ritchie Bros. Auctioneers because they know they are on a level playing field with other bidders. Owners are forbidden by contract from bidding on their own equipment, and we won't let someone raise their own bid. Everything sells to the highest bidder on sale day, regardless of price.
The selection of transportation equipment at Ritchie Bros. auctions is unmatched - in 2007, we sold more than 17,600 transportation lots by unreserved auction. We also work to ensure clear title before the equipment is sold, so you can put your purchases to work right away.
Other benefits for buyers
- regularly scheduled auctions
- bid online or in person
- comfortable bidding environment
- third-party services on site, including transportation companies, customs brokers, finance companies and catering services
- exceptional display and selection of equipment
- equipment inspection encouraged and facilitated
- auction sites are close to transportation and shipping routes
Ritchie Bros. has partnered with CitiCapital to provide on-site financing for transportation buyers. Register online or talk to a CitiCapital representatives at a sale site to learn more about financing your purchase.
U.S.customers can also defer captial gains taxes through a 1031 like-kind exchange. Find out how to reinvest in your fleet.
Have questions about buying at a Ritchie Bros. unreserved auction? Learn more about the process.
For more information about unreserved transportation auctions, please contact us.
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