How it works

 

GovPlanet is a leading online auction marketplace for buying and selling used construction and agricultural equipment. Unlike other auction companies, our equipment is inspected & guaranteed. Our convenient, reliable, and easy-to-use auction approach minimizes hassles and maximizes both buyer and seller satisfaction.


A seller consigns equipment to an GovPlanet auction for lower commission and cost. The seller then preps the equipment (if they choose) at own location, and makes the equipment available for inspection.


GovPlanet sends an inspector to their yard, and thoroughly inspects the equipment at the seller’s location. GovPlanet publishes the inspection report on GovPlanet.com and markets the equipment to targeted prospective buyers around the world.

 
Buyers review the inspection reports online and can place PriorityBids before auction day. GovPlanet's ringmen solicit bids from interested bidders during the weeks leading to auction day and on the day of the auction. The buyer places bids online, and on auction day, the highest bidder wins the auction.


After the auction, GovPlanet connects buyers with transportation and finance companies. The buyer pays into a secure account. GovPlanet confirms payment, and releases the equipment to the buyer’s transportation company. The buyer accepts delivery of the equipment while the seller receives payment.


Looking to buy?
In addition to being a simple, convenient, and hassle-free way to buy used equipment at auction, buyers can bid with confidence knowing the equipment they're interested in has been inspected and there will be no surprises. Start your search for your next piece of used equipment - browse by auction date, type, or make.

Need to sell?
GovPlanet enables sellers to turn their used surplus equipment into cash faster — as quick as four to six weeks — and do it more profitably, with lower commissions and costs. Contact your local sales representative at 925-225-8799.