We do everything possible to make our auctions fair and transparent. Please read the following information before you bid and buy.

Registration and deposits

Registration to bid is free. You may be required to place a refundable bid deposit. Please be aware that you must present photo identification when you register at the auction site (e.g. identity card, passport or driver's license).

Every auction is unreserved

Every item is sold to the highest bidder on auction day, with no minimum bids or reserve prices. Owners are forbidden by contract from bidding on items they are selling. Bids are irrevocable, and all sales are final. If you're the highest bidder when the auctioneer announces that an item has been sold, you're the new owner of that item.

Everything sells "as is, where is"

We recommend that you visit the auction site to inspect any items you'd like to buy before bidding on auction day. You may also send someone to the site to conduct the inspection on your behalf.

Transaction fees for buyers

Successful bidders are required to pay a transaction fee:

  • Each purchased Lot will be subject to a transaction fee of (a) 10% transaction fee on all Lots selling for 5,000 or less or (b) 3.85% on all Lots selling for over 5,000 up to 33,500, with a minimum fee of 500 per Lot or (c) 1,290 on all Lots selling for over 33,500 (in the currency of the auction). The transaction fee applies to on-site, online and proxy purchases and will be waived for purchases made in person at on-the-farm auctions.
  • The following exceptions will apply to the foregoing. Each purchased lot will be subject to a transaction fee of:
    • Japan – (a) 10% transaction fee on all Lots selling for JPY 500,000 or less or (b) 3.85% on all Lots selling for over JPY 500,000 up to JPY 3,400,000, with a minimum fee of JPY 50,000 per Lot or (c) JPY 130,000 on all Lots selling for over JPY 3,400,000;
    • China – (a) 10% transaction fee on all Lots selling for RMB 30,000 or less or (b) 3.85% on all Lots selling for over RMB 30,000  up to RMB 200,000 , with a minimum fee of RMB 3,000 per Lot or (c) RMB 7700 on all Lots selling for over RMB 200,000; and
    • United Kingdom - (a) 10% on all Lots selling for GBP 5,000 or less or (b) 3.85% on all Lots selling for over GBP 5,000, with a minimum fee of GBP 500 per Lot

Payment and removal

Purchases must be paid in full within seven (7) days of the end of the auction.
Buyers cannot remove their purchases from the auction site until their invoice is paid in full.
If Ritchie Bros. can't deliver clear title on a purchase, the buyer is entitled to a full refund of the purchase price.

Read the terms and conditions of bidding

This information is provided as a summary only. When you participate in an auction, you must review and agree to the full terms and conditions before you bid (included in your listing catalog and when you enter the auction online). Please review the full terms and conditions carefully.

Convenient bidding options

In person at the auction site

Anyone can register and bid in person at our live auctions.

Bidding online in real time

Bid online at any Ritchie Bros. auction around the world.

By proxy bid

Place a proxy bid if you want to bid on two items being sold around the same time.

In a Timed Auction

Check our website, the auction brochure or your auction day listing catalog to find out if items are being sold by Timed Auction.