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

Value Added Tax (VAT)

VAT and other DUTIES as they may apply are the BUYER'S RESPONSIBILITY.

UK Value Added Tax (VAT) will apply in the following cases:

  1. UK registered companies or items that remain in UK.
  2. EU buyers who fail to provide a valid VAT number and/or EU buyers who fail to provide valid proof of transport (complete CMR) within 90 days after the invoice date.
  3. Non EU buyers who fail to provide correct and complete Export Documents to RBA within the 90 days since invoice date.

Valid proof of transport for EU buyers

A valid CMR document must mention the Ritchie Bros company as the sender in box 1; lot number and full lot description in box 6; signature of the receiver in box 24; plus the rest of the usual information.

Valid proof of transport for Exportation

Official Customs documents provided by the corresponding Customs Authorities. The corresponding Ritchie Bros company must appear as the exporter on the export document. The lots must be clearly described and identifiable. We require the final proof of export (i.a. "exit confirmation" or "goods departed" confirmation) the intention only is not considered sufficient.

Important notice for Non-EU buyers

Buyers that will export the goods out of the European Union (non-EU buyers) are required to pay a deposit on all pieces of equipment bought at the auction. The deposit equals the local standard VAT rate calculated on the purchase price of the equipment. This deposit will be refunded to the nominated bank account of the buyer within five (5) business days after presentation of Proof of Final Export. This Proof of Final Export can be provided by your customs broker or freight forwarder. Non-EU Buyers should provide accurate bank details in order to facilitate timely refund of deposits.

To avoid the VAT deposit Non-EU buyers can engage the services of RB Logistics or they can work with one of the nominated shipping companies assigned by RBA:

RB Logistics
The Netherlands
Tel. +31.168.392200
Fax. +31.168.392250
Contact us by email

European Union Machinery Directive

Effective January 1, 1995
Certain items in this auction may require CE-marking. Items that are not CE-marked are offered for sale on the condition that any buyer intending to sell or use such item within the European Union will take the necessary measures to certify the item, if and as required under the European Union Legislation on Machinery implemented in the national legislation of the relevant member countries. The purchaser is responsible for all costs related to certification and upgrading. Please contact the manufacturer or his authorized representative within the EU for details.