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% on all lots selling for 10,000 or less, (b) 3.85% on all lots selling for more than 10,000 up to 33,500, with a minimum fee of 1,000 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% on all Lots selling for JPY 1,000,000 or less, or (b) 3.85% 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 130,000 on all Lots selling for over JPY 3,400,000;
    • 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

A document administration fee will apply to all titled lots in the U.S. and Canada.

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.
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.

In addition to the full terms and conditions also the ‘Site Specific Terms' apply, those can be found below.

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Additional Notes

Title and Registration Certificates

MV Dealer No. 4585592

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 Canadian Buyers (Canadian residents): HST

As of July 1, 2010, Canadian Harmonized Sales Tax (HST) of 13% will be charged on applicable items purchased at Ontario auctions. GST/HST registrants may be able to claim an Input Tax Credit for GST/HST paid, click here for general eligibility rules. For more information about the HST visit www.cra-arc.gc.ca/harmonization.

Notice to Foreign Buyers (Non-Canadian residents): HST

Canadian Harmonized Sales Tax (HST) of 13% will be added to the purchase price of all applicable items. Goods arranged for export from Canada by the buyer with a third-party carrier and accompanied with appropriate documentation will be refunded the HST. In addition, services provided by Ritchie Bros.(such as the administrative fee) will not be subject to HST

Purchases in Canada are payable in Canadian funds. Custom House Currency Exchange may assist with foreign currency transactions. They can be contacted at the Toronto toll-free line: 1.888.633.7311.

Notice Regarding U.S. Importation

Most United States manufactured equipment returns to the U.S. duty free. The importation of certain diesel engines (or equipment with diesel engines) is prohibited unless the diesel engine is covered by a U.S. EPA certificate of conformity. Some equipment may require modifications to meet U.S. import and safety regulations. To avoid potential problems, please contact your customs broker or one of the brokers listed below. A customs broker and international truckers will be on-site at the auction to assist you.

Custom Brokers

Pacific Customs Brokers Ltd
1.888.908.6638
rba@pcb.ca