Read Before You Bid
What to know before you bid
Everything sold at Ritchie Bros. Auctioneers sells at an unreserved public auction. There are no minimum bids or reserve prices, and our auctions are open to anyone. Every item sells to the highest bidder, regardless of the final price.
Register, then bid
Registration to bid is free. You may need to place a refundable bid deposit. We verify your account when you register. When you're ready, register and bid online in any auction, or choose another online option.
How our auctions work
We hold auctions at physical auction sites with Real-Time Online Bidding. We also sell in online Timed Auctions, an automated system with no auctioneer. You can bid in person, online, in our mobile app, or with PriorityBid. The auctioneer, or the Timed Auction system, introduces each lot and asks for bids. If no one bids, the ask price drops. When a bid is placed, the ask price rises. Bidding continues until no more bids come in, and the item sells to the highest bidder.
See the equipment first
Yes, you can inspect equipment in person at our permanent auction sites and local storage yards. Viewing opens two weeks before each auction. Contact the site to arrange a visit outside that window and to confirm hours. You can only view equipment that has been delivered to the site. Check each listing on our website, and look for "In Yard - Yes/No" under the "Detailed equipment information" tab. You can also view equipment sold from a consignor's property by arranging a time and date with the seller.
Equipment sold from a consignor’s property can also be viewed in person by arranging a time and date with the seller.
Buyer Fees
Review our buyer fees before bidding.
Payment and removal
Purchases must be paid in full within seven (7) days of the end of the auction. You can't remove your purchases from the auction site until your invoice is paid in full. We don't accept cash. Pay only from the same Ritchie Bros. account you used to make the purchase.
If Ritchie Bros. can't convey 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 the buyer 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 Ritchie Bros. Auctioneers.
You have multiple ways to pay.
Read the terms
Every auction is subject to our Terms of Bidding and Sale. Review them carefully before you bid.