IronPlanet
IronPlanet is an online marketplace for used heavy equipment and trucks, with weekly online auctions and items that stay at the seller's site. This page covers what it sells, how buying works, the transaction fee and every other buyer cost we could find, with a link to ironplanet.com.
- Founded
- 1999
- Owner
- RB Global
- Buyer's fee
- Shown on each listing
- Auctions
- Weekly, online
Go to IronPlanet →How buying worksFees
About IronPlanet
IronPlanet started in 1999 as an online-only marketplace for used construction equipment. Ritchie Bros. bought it in 2017, and it is now part of RB Global. It runs alongside GovPlanet, which handles government surplus.
Sales run as weekly online auctions, and some onsite Ritchie Bros. events can also be bid on through IronPlanet. Equipment usually stays at the seller's location, so the buyer arranges pickup there. Many items carry an inspection report, and items with IronClad Assurance are backed by a condition promise. Buyers can place a PriorityBid during the preview period before the live close.
What's sold on IronPlanet
How buying works at IronPlanet
- Make an accountRegister free and get approved to bid. Buyers outside the U.S. and Canada wire a $2,000 deposit.
- Read the listingCheck the inspection report and the Payment tab, which shows the transaction fee for that item.
- BidPlace a PriorityBid during preview or bid live as the weekly auction closes.
- Add the costsAdd the listed transaction fee, a $125 doc fee on titled items, and sales tax.
- PayPay within seven days by wire, financing, or card on select items.
- CollectRemove the item within eight business days after the item release.
What it costs
IronPlanet shows the transaction fee on each listing's Payment tab, and its terms and fee page list the other charges.
| What | Cost |
|---|---|
| Transaction fee | Based on the final price and shown on each listing's Payment tab before you bid |
| Document fee, titled items | $125 per item needing title or registration papers (U.S., Canada, Mexico) |
| Credit card fee | 2.95% service fee on card payments of $10,000 or less |
| Late payment fee | $10 to $250 per item per business day, by price tier |
| Default fee | $500 (up to $2,500) to $6,500 (over $100,000), by price tier |
| Storage | $25 per day from the 9th day after item release, capped at $1,500 |
| Relocation fee | Greater of 1% of the price or $250, if moved after 15 days |
| Registration and bidding | Free |
| Sales tax | Added where it applies |
A worked example: a titled truck sold for $20,000 costs $20,125 with the doc fee, plus the transaction fee shown on its Payment tab and any sales tax. Leaving it 12 days past the item release adds four days of storage, or $100.
Paying, pickup and storage
| When to pay | Terms give seven days after the purchase. The fee page starts late fees after five business days. |
| Payment | Wire transfer, Ritchie Bros. Financial Services financing, or credit card on select items. |
| Card fee | 2.95% on card payments, which are limited to $10,000 or less. |
| Deposit | $2,000 for buyers outside the U.S. and Canada. Refundable on request. |
| Pickup | Within eight business days after the item release, at the seller's site. |
| Storage | $25 a day from the 9th day, up to $1,500. Unclaimed after 60 days counts as abandoned. |
| Loadout | The seller does not have to load containers or dismantle. The buyer's hauler does the loading. |
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From IronPlanet
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UX Search is independent and is not affiliated with or endorsed by IronPlanet. Bidding, payment and delivery all happen on the house's own site under its own terms. Information checked October 22, 2026 from ironplanet.com (buyer fees page) and ironplanet.com (buyer FAQ) and ironplanet.com (terms and conditions, sections 3 and 4); fees and rules can change, so confirm them on the sale page.