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GovPlanet vs Purple Wave (2026): Fees, Inventory & Which to Use

By Ben|

Side-by-side comparison of GovPlanet and Purple Wave - buyer's premium, inventory types, inspection, and which platform fits which buyer.

Buyer's Premium Calculator

Plug in a bid amount and see your all-in cost on each platform. Premiums vary by seller and item - drag the sliders to match the listing you're looking at.

GovPlanet
Bid$2,500.00
Premium$375.00
Flat fee$25.00
All-in$2,900.00

15% buyer's fee on lots up to $10,000; 10% (minimum $1,500) above $10,000. Add document fees from $25 (bill of sale) up to $200 (Montana title).

Purple Wave
Bid$2,500.00
Premium$250.00
All-in$2,750.00

Flat 10% buyer's premium on the winning bid. Confirm the rate on each lot before bidding.

Purple Wave is cheaper by $150.00 at this bid and premium combination.

Premiums are typical ranges; actual fees vary by seller. Some sellers absorb the fee or charge less. Always confirm on the listing itself.

GovPlanet and Purple Wave both sell the kind of heavy, mechanical inventory that government fleets and contractors retire - trucks, trailers, equipment, and rolling stock. But they pull from different sellers, charge different fees, and reward different buyers.

TL;DR

GovPlanet is the government and military arm of the IronPlanet family. It specializes in ex-military vehicles, federal fleet, trucks, and tactical equipment, with detailed inspection reports (the IronClad / EUC ratings). The buyer's fee is higher - typically 15%.

Purple Wave is a Kansas-based no-reserve auction marketplace heavy on agricultural, construction, and municipal equipment from across the central US. The buyer's premium is a flat 10%, and almost everything sells regardless of price.

Quick decision

  • After ex-military or federal fleet specifically (MRAPs, HMMWVs, deuce-and-a-halfs, tactical trailers)
  • Buying remotely and want a documented condition report before you commit
  • Comfortable paying ~15% for that inventory and inspection detail
  • Hunting farm, construction, or municipal equipment in the central US
  • Fee-sensitive and want the lower flat 10% premium
  • Comfortable with as-is, no-reserve lots and arranging your own inspection

Side by side

GovPlanetPurple Wave
Seller scopeUS military, DoD, federal agenciesState/local government, farmers, contractors, dealers
Buyer's premium15% (10% above $10,000, min $1,500)Flat 10%
Document fees$25 bill of sale / $115 SF97 / $200 MT titleTitle handling varies by lot
Inventory focusEx-military vehicles, tactical gear, federal fleetAg equipment, construction, trucks, municipal surplus
ReservesSome lots reservedMostly no reserve
Condition infoIronClad Assurance + inspection reports on many lotsAs-is; inspection windows offered locally
GeographyNationwide, depot pickupCentral US heavy (KS, MO, OK, NE, IA + nationwide)
Best forMilitary/tactical buyers, remote biddersFarm/contractor buyers, value hunters

Where each platform actually wins

Military and tactical inventory GovPlanet is the destination for demilitarized military rolling stock. If you want a former military HMMWV, a 5-ton truck, generators, or tactical trailers, this is the deepest pool in the country. Many lots ship with off-road-only titling or a bill of sale rather than a clean on-road title, so read the title status on every lot before you bid.

Fees, honestly This is the clearest difference. GovPlanet's 15% buyer's fee on a $20,000 truck is roughly $2,000 (the 10% above-$10k tier carries a $1,500 floor), plus document fees. Purple Wave's flat 10% on the same hammer price is about $2,000 as well, but with no tiered floor and simpler paperwork. On smaller lots the gap widens in Purple Wave's favor: 10% versus 15% on a $3,000 item is $300 versus $450.

Inspection and condition reporting GovPlanet inherits IronPlanet's inspection culture - IronClad Assurance and detailed condition reports on a large share of lots, which matters when you cannot physically inspect. Purple Wave lists as-is and leans on local inspection windows; great if you can drive to the yard, riskier if you're bidding blind.

No-reserve culture Purple Wave's no-reserve model means deals are real - if nobody else shows up, the price stays low. GovPlanet uses reserves on some lots, so a quiet auction can still end with no sale.

Should you check both?

Yes. The two pools overlap on trucks and trailers but barely touch on military versus agricultural inventory, so a buyer who only watches one misses half the market. The fastest way is a meta-search like GovAuctions, which indexes both GovPlanet and Purple Wave (plus GovDeals, GSA, Public Surplus and more) in one interface, so you can line up comparable trucks across platforms without tab-switching, and use a Flip Score to gauge which listing is actually the better deal after fees.

Frequently Asked Questions

Is GovPlanet's buyer's fee really 15%? For most lots, yes. GovPlanet charges 15% on final prices up to $10,000. Above $10,000 the rate drops to 10% but with a $1,500 minimum, so it only beats 15% once the lot clears $15,000. Document fees ($25 to $200) and any state taxes are added on top.

Does Purple Wave charge a buyer's premium on every lot? Almost always 10%, but the premium is set per auction and shown on each lot page. Check the lot terms before bidding, because occasional consignor auctions vary.

Which has better deals on trucks? It depends on origin. Military and federal trucks are cheaper through GovPlanet net of comparable condition; farm, contractor, and municipal trucks in the central US are often cheaper on Purple Wave thanks to the lower premium and no-reserve format.

Can I get an on-road title from GovPlanet? Not always. Many ex-military vehicles come with a bill of sale or SF97 and are titled off-road-only in many states. Confirm the exact title document and your state's rules before bidding.

Search every platform at once

GovAuctions indexes the platforms above (and more) into one search - compare comparable listings across all of them without tab-switching.

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