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Ritchie Bros

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About Ritchie Bros

Ritchie Bros has sold industrial equipment at auction since 1958 and is a publicly listed company. It sells construction and agricultural machinery, trucks, trailers and vehicles consigned by businesses and public agencies, and its traditional sales are unreserved: no minimum price and no seller bidding.

The buyer's premium is 10% on lots up to $12,000 with a $100 minimum, 4.85% up to $75,000 and a flat fee above that, and titled items add a $115 documentation fee. Compare the landed total, not the hammer price, and plan transport from wherever the item sits before you bid.

Frequently asked questions

What does Ritchie Bros charge on top of the bid?

A buyer's premium of 10% on lots up to $12,000 (minimum $100), 4.85% up to $75,000 and a flat fee above that, plus a $115 documentation fee on each titled item. A $10,000 loader therefore costs $11,000 before tax, and a titled truck at the same price $11,115.

Is Ritchie Bros more expensive than government auctions?

Against GSA Auctions, which charges no buyer's premium, yes. Against GovDeals, often not: Ritchie Bros charges 10% on lots up to $12,000 (minimum $100) and less above, against 12.5% on most GovDeals lots, though titled items add a documentation fee. What you get for it is scale, inspection reports and equipment that has usually been through a commercial fleet rather than a municipal one. Compare the landed total, not the hammer price.

Does Ritchie Bros sell government equipment?

Yes. Public agencies use commercial auction houses alongside government platforms, particularly for heavy equipment where the buyer pool is national. The Ritchie Bros group also includes GovPlanet, which handles ex-military inventory specifically.

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