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GovPlanet vs Ritchie Bros (2026): Fees, Inventory & Which to Use

By Ben|

Side-by-side comparison of GovPlanet and Ritchie Bros - buyer fees, inventory, inspection, and which platform fits which kind of heavy-equipment 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 up to $10,000; 10% (minimum $1,500) above. Document fees from $25 to $200.

Ritchie Bros
Bid$2,500.00
Premium$250.00
Flat fee$100.00
All-in$2,850.00

Tiered transaction fee: roughly 10% on lots up to ~$12,000 (minimum ~$100/lot), declining to ~4.85% on larger lots, plus administrative and online-bidding fees. Rates vary by region and event - confirm on the lot.

Ritchie Bros is cheaper by $50.00 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 Ritchie Bros both move serious iron - trucks, heavy equipment, and fleet. The difference is who's selling. GovPlanet is a government and military surplus channel; Ritchie Bros is the largest commercial industrial auctioneer in the world. The right one depends on whether you want ex-government inventory or the broadest commercial selection.

TL;DR

GovPlanet sells US military and federal surplus - tactical vehicles, fleet trucks, generators, and equipment - with documented inspection reports and a ~15% buyer's fee.

Ritchie Bros runs huge unreserved commercial auctions of construction and transportation equipment from dealers, contractors, and fleets worldwide. Selection is enormous, condition reporting is strong, and the transaction fee is tiered (around 10% on smaller lots, declining on larger ones) plus administrative fees.

Quick decision

  • Specifically after ex-military or federal-government equipment
  • Looking for tactical or specialized government rolling stock
  • Fine with off-road titling and government paperwork
  • After the widest selection of commercial construction and transport equipment
  • Buying higher-value lots where the declining fee tier helps
  • Wanting strong inspection reports and a global, liquid marketplace

Side by side

GovPlanetRitchie Bros
Seller scopeUS military, DoD, federal agenciesDealers, contractors, fleets, some government
Buyer fee~15% (10%/min $1,500 above $10k)Tiered ~10% down to ~4.85% + admin/online fees
Inventory focusEx-military vehicles, tactical gear, federal fleetConstruction, transportation, ag, heavy equipment
ScaleLarge within government surplusLargest commercial equipment auctioneer worldwide
ReservesSome lots reservedLargely unreserved
Condition infoIronClad Assurance + inspection reportsDetailed inspection reports, ratings
GeographyUS, depot pickupGlobal, regional yards + 100% online events
Best forMilitary/government-surplus buyersCommercial equipment buyers at any scale

Where each platform actually wins

Source of the inventory This is the whole decision. GovPlanet is where government and military assets get disposed; you simply will not find a demilitarized HMMWV or an ex-DoD tactical trailer on Ritchie Bros. Conversely, if you want late-model commercial excavators, dozers, or over-the-road tractors at volume, Ritchie Bros has far more of them from private sellers.

Fee structure on bigger lots The fee math flips with price. On a $5,000 lot, GovPlanet's 15% and Ritchie Bros' ~10% (plus admin fee) are close, with Ritchie Bros usually a bit cheaper. On a $60,000 machine, Ritchie Bros' declining tier can land well under 5% while GovPlanet's effective rate sits near 10%. For high-value buyers, Ritchie Bros' regressive fee is a real advantage; for sub-$10k lots, the gap is smaller and GovPlanet's inventory may justify it.

Note on fees Ritchie Bros publishes tiered transaction fees that vary by region and event, plus administrative and internet-bidding charges. Always read the buyer fees on the specific sale - the numbers here are representative, not a quote.

Inspection and trust Both lean on documented condition. GovPlanet's IronClad Assurance and Ritchie Bros' inspection reports both reduce blind-bidding risk, which matters because both attract remote buyers shipping equipment long distances.

Should you check both?

For ex-government inventory, GovPlanet is the channel to watch, and you can track it (alongside GovDeals, GSA, Public Surplus and more) in one place with a meta-search like GovAuctions. Ritchie Bros sells through its own marketplace, so for commercial lots you'll still bid there directly - but cross-checking a comparable machine's government-surplus price first tells you whether the commercial lot is actually a deal.

Frequently Asked Questions

Does Ritchie Bros charge a buyer's premium? Ritchie Bros uses a tiered transaction fee rather than a single flat premium - commonly around 10% on lots up to roughly $12,000 (with a per-lot minimum), declining on higher-value lots, plus administrative and online-bidding fees. Rates vary by region and event, so check the buyer fees on each sale.

Which has cheaper fees overall? On low-value lots they're close, with Ritchie Bros usually slightly lower. On high-value lots Ritchie Bros' declining tier is clearly cheaper. GovPlanet's value is the government and military inventory you can't get elsewhere, not the fee.

Can I find government equipment on Ritchie Bros? Occasionally - some government sellers consign there - but GovPlanet is purpose-built for federal and military disposal and carries far more of it.

Are both sites safe for remote buying? Both publish inspection or condition reporting on many lots, which lowers the risk of buying sight-unseen. Still budget for transport and verify title and condition details before bidding.

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