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
Please note: Effective January 1, 2023, our transaction fees structure has been adjusted; Each purchased Lot will be subject to a transaction fee of:
Canada
- With the exception of on-farm auctions, each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for CAD 12,000 or less, with a minimum fee of CAD 100 per Lot, (b) 4.85% on all Lots selling for over CAD 12,000 up to CAD 75,000, with a minimum fee of CAD 1,200 per Lot or, (c) CAD 3,638 on all Lots selling for over CAD 75,000
- For on-farm auctions, regardless of whether you are bidding online or in person, each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for CAD 12,000 or less, (b) 3.85% on all Lots selling for over CAD 12,000 up to CAD 40,000, with a minimum fee of CAD 1,200 per Lot or, (c) CAD 1,540 on all Lots selling for over CAD 40,000.
USA and Mexico
- Each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for USD 12,000 or less, with a minimum fee of USD 100 per Lot, (b) 4.85% on all Lots selling for over USD 12,000 up to USD 75,000, with a minimum fee of USD 1,200 per Lot or, (c) USD 3,638 on all Lots selling for over USD 75,000.
Europe (except United Kingdom)
- Each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for EURO 12,000 or less, with a minimum fee of EURO 100 per Lot, (b) 4.85% on all Lots selling for over EURO 12,000 up to EURO 75,000, with a minimum fee of EURO 1,200 per lot, or (c) EURO 3,638 on all Lots selling for over EURO 75,000.
United Kingdom
- Each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for GBP 6,500 or less, or (b) for Lots selling for greater than GBP 6,500, GBP 650 plus 2.35% on such amount greater than GBP 6,500.
Middle East
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Each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for USD 12,000 or less, with a minimum fee of USD 100 per Lot or (b) 4.85% on all Lots selling for over USD 12,000 up to USD 75,000 with a minimum fee of USD 1,200 per lot, or (c) USD 3,638 on all Lots selling for over USD 75,000.
Australia and New Zealand
- 7.5% of the Lot selling price, with a minimum fee of 100 (local currency) per Lot.
Japan
- (a) 10% on all Lots selling for JPY 1,000,000 or less, with a minimum fee of JPY 10,000 per Lot, or (b) 4.85% on all Lots selling for over JPY 1,000,000 up to JPY 3,400,000, with a minimum fee of JPY 100,000 per lot, or (c) JPY 164,900 on all Lots selling for over JPY 3,400,000.
The transaction fee applies to on-site, online and proxy purchases.
Documentation Fees
A $115 documentation fee will be charged on each titled item purchased if it is located in the United States (excluding California), Canada or Mexico. In California a $70 fee applies.
All bids are exclusive of VAT - as applicable - and exclusive of the applicable transaction fees.
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.
Cash payments will not be accepted. Please only pay from the same account from which you made the purchase.
If Ritchie Bros. can't deliver clear title on a purchase, the buyer is entitled to a full refund of the purchase price.
If Ritchie Bros. does not receive full payment within seven (7) days of the end of the auction, interest on overdue amounts will be paid by Purchaser at a rate of 18% per annum or at such other maximum rate as allowed by law, together with any legal or collection costs incurred by Auctioneers.
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.
Additional Notes
Auction Company Bond #0470724
Title and Registration Certificates
Items purchased that require a Title or Registration Certificate must be paid for by cash or certified check on the day of the auction; all Titles and Registration Certificates will be mailed to the purchaser ten (10) banking days after payment is received.
Notice to Foreign Buyers
Purchases in the United States are payable in U.S. funds. Some equipment may require modifications to meet import and safety regulations. To avoid potential problems, please contact your customs broker for more information prior to bidding.
Notice to all buyers purchasing titled items (including motor vehicle dealers)
A $65 documentation fee will be charged on each titled item purchased. All buyers purchasing titled items must speak to a Ritchie Bros. representative at the auction site to complete all government-required paperwork.
Residents of California: Sales of titled items are taxable at the rate applicable to the address where you reside.
Non-residents: Sales of titled items are taxable to non-resident buyers at the point-of-sale tax rate.
Combined Disclosure of Applicability for Truck and Bus, Off-Road, and PERP
When operated in California, any on-road heavy-duty diesel vehicle, alternative-diesel vehicle, off-road diesel vehicle, or portable diesel engine may be subject to the California Air Resources Board's Regulation to Reduce Particulate Matter and Criteria Pollutant Emissions from In-Use Heavy-Duty Diesel Vehicles, In-Use Off-Road Diesel Vehicle Regulation, or Airborne Toxic Control Measure For Diesel Particulate Matter From Portable Engines Rated At 50 Horsepower And Greater. It therefore could be subject to retrofit, exhaust retrofit, or accelerated turnover requirements to reduce emissions of air pollutants. For more information, please visit the California Air Resources Board websites at:
https://www.arb.ca.gov/dieseltruck
https://www.arb.ca.gov/msprog/ordiesel/ordiesel.htm
https://www.arb.ca.gov/portable/portable.htm
Heavy-Duty (Tractor-Trailer) Greenhouse Gas Regulation
A heavy-duty tractor and 53-foot-or-longer box-type trailer operated in California may be subject to the California Air Resources Board Heavy-Duty Vehicle Greenhouse Gas Emission Reduction Measure. These vehicles may be required to use low-rolling resistance tires and meet aerodynamic equipment requirements to reduce greenhouse gas emissions. For more information, please visit the California Air Resources Board website at: