Maximum $10,000 per lot.
Deducted from the winning bid.
Know the fees.
Before the sale.
Standard equipment auction fees, calculated on the winning bid for each lot.
Maximum $10,000 per lot.
Added to the winning bid.
Plus 3% online; another 2.5% through EquipmentFacts.
Online buyer fees, clearly stated.
Online purchases add a 3% internet fee. Bidding through EquipmentFacts adds another 2.5% on top of that. Both are calculated on the winning bid and are uncapped.
Online: 10% base premium + 3% internet fee.
EquipmentFacts: 10% base premium + 3% internet fee + 2.5% additional fee.
Before the base-premium cap applies, total buyer fees are 13% online or 15.5% through EquipmentFacts. On a $25,000 winning bid, the buyer pays $28,250 online or $28,875 through EquipmentFacts, before taxes and other costs.
ONE LOT / FEE ESTIMATE
See the numbers.
All percentages use the winning bid, not the bid plus fees. Internet and EquipmentFacts fees are uncapped. Excludes taxes, transport and other agreed costs. Available bidding methods depend on the auction.
- Seller commission (7.5%, capped)
- $1,875.00
- Seller proceeds before other deductions
- $23,125.00
- Base buyer premium (10%, capped)
- $2,500.00
- Internet fee (3% online)
- $750.00
- Additional EquipmentFacts fee (2.5%)
- $0.00
- Total buyer fees
- $3,250.00
- Buyer total before taxes & other costs
- $28,250.00
What is separate?
Applicable taxes, title or registration costs, transport, storage, cleaning, repairs and any separately agreed services are not included in these percentages. Review the written quote and sale terms for your equipment.
Direct sales & sourcing
The auction schedule does not automatically apply to a direct consignment sale or sourcing assignment. Fees, who pays them and any additional services are agreed in writing before you authorize the work or transaction.
Institutional & fleet sellers
Recurring assignments and fleet dispositions are quoted based on volume, asset mix and service scope. Ask for a written schedule; no automatic discount is assumed.
How the cap works
Only the 7.5% seller commission and base 10% buyer premium have separate $10,000 caps per lot. The 3% internet fee and additional 2.5% EquipmentFacts fee are uncapped. All fees are calculated separately on the winning bid, not compounded. A fleet is not treated as one lot unless it is explicitly offered that way. Any different terms must be disclosed for the specific sale.