Dubai, UAE: Terms and Conditions

We do everything possible to make our auctions fair and transparent. Please read the following information before you bid and buy.

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

Please note : Effective January 1, 2024, our transaction fees structure has been adjusted; Each purchased Lot will be subject to a transaction fee of:

Canada

• With the exception of on-farm auctions, each purchased Lot will be subject to a transaction fee of: (a) 15% on all Lots selling for CAD 5,000 or less, with a minimum fee of CAD 100 per Lot, (b) 10% on all Lots selling for over CAD 5,000 up to and including CAD 12,000, with a minimum fee of CAD 750 per Lot, (c) 4.85% on all Lots selling for over CAD 12,000 up to CAD 75,000, with a minimum fee of CAD 1,200 per Lot or, (d) CAD 3,638 on all Lots selling for over CAD 75,000.

• For on-farm auctions, regardless of whether you are bidding online or in person, each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for CAD 12,000 or less, (b) 3.85% on all Lots selling for over CAD 12,000 up to CAD 40,000, with a minimum fee of CAD 1,200 per Lot or, (c) CAD 1,540 on all Lots selling for over CAD 40,000.

• For Dawson Creek, BC (Nov 13-15, 2024): A flat transaction fee of 12% applies to each winning bid for assets sold in this complete dispersal and restructuring sale.

USA and Mexico

• Each purchased Lot will be subject to a transaction fee of: (a) 15% on all Lots selling for USD 5,000 or less, with a minimum fee of USD 100 per Lot, (b) 10% on all Lots selling for over USD 5,000 up to and including USD 12,000, with a minimum fee of USD 750 per Lot, (c) 4.85% on all Lots selling for over USD 12,000 up to USD 75,000, with a minimum fee of USD 1,200 per Lot or, (d) USD 3,638 on all Lots selling for over USD 75,000.

Europe (except United Kingdom)

• Each purchased Lot will be subject to a transaction fee of: (a) 15% on all Lots selling for EURO 5,000 or less, with a minimum fee of EURO 100 per Lot, (b) 10% on all Lots selling for over EURO 5,000 up to and including EURO 12,000, with a minimum fee of EURO 750 per Lot, (c) 4.85% on all Lots selling for over EURO 12,000 up to EURO 75,000, with a minimum fee of EURO 1,200 per Lot or, (d) EURO 3,638 on all Lots selling for over EURO 75,000.

United Kingdom

• Each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for GBP 6,500 or less, or (b) for Lots selling for greater than GBP 6,500, GBP 650 plus 2.35% on such amount greater than GBP 6,500.

Middle East

• Each purchased Lot will be subject to a transaction fee of: (a) 15% on all Lots selling for USD 5,000 or less, with a minimum fee of USD 100 per Lot, (b) 10% on all Lots selling for over USD 5,000 up to and including USD 12,000, with a minimum fee of USD 750 per Lot, (c) 4.85% on all Lots selling for over USD 12,000 up to USD 75,000, with a minimum fee of USD 1,200 per Lot or, (d) USD 3,638 on all Lots selling for over USD 75,000.

Australia and New Zealand

• 8% of the Lot selling price, with a minimum fee of 100 (local currency) per Lot.

Japan

• (a) 10% on all Lots selling for JPY 1,000,000 or less, with a minimum fee of JPY 10,000 per Lot, or (b) 4.85% 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 164,900 on all Lots selling for over JPY 3,400,000.

The transaction fee applies to all purchases regardless of the bidding method.

Documentation Fees

United States, Canada and Mexico

• A $115 documentation fee will be charged on each titled item purchased if it is located in the United States (excluding California), Canada or Mexico.

• In California a $70 fee applies.

• In Orlando a $130 fee applies.

Germany and The Netherlands

• A €40 documentation fee will be charged for foreign buyers on each titled item purchased if it is located in Germany or The Netherlands.

• An additional €15 will be charged on items with Dutch registrations (at Moerdijk auctions) and items with German registrations (at Meppen auctions).

France

• A €40 documentation fee will be charged on each titled item purchased.

Italy

• A €132 documentation fee will be charged for foreign buyers on each titled item purchased.

Spain

• No documentation fees

Dubai

• A $100 documentation fee will be charged on each title transfer handled by Ritchie Bros.

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. Cash payments will not be accepted. Please only pay from the same Ritchie Bros. account under which you made 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.

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.