Tips for cross-border buyers at Ritchie Bros. auctions

Tips for buyers Comentarios

Equipment auctions in Canada

Get more for your money up north – tips for U.S. equipment and truck buyers.

With the huge selection of quality equipment selling in Canada and the strong U.S. dollar, it’s a great time for U.S. businesses to head north of the border to buy equipment. Your dollar is worth approx. 25% more in Canada!*

Before you head up north to bid in person or decide to register and bid online, here are a few tips to help you buy and export your equipment purchase:

#1 Find out what you can (and can’t) export

Equipment auctions in Canada

Navigating the ins and outs of EPA (and DOT) regulations can be challenging. Ritchie Bros. has partnered with Pacific Customs Brokers to make it easy. Pacific Customs Brokers can handle all Canadian border crossings (air, rail, truck and boat) and provides 24-hour service.

Got questions about what you can or can’t import, or paperwork you need? Contact Pacific Customs Brokers:

  • By phone – toll free: 1.888.538.1566
  • Email: rba@pcb.ca

These cheat-sheets give you a general overview of U.S. importation requirements, but as regulations change regularly, please contact Pacific Customs Brokers for the latest requirements:

Importation standards for equipment less than 25 years old   Importation standards for equipment more than 25 years old   Importation standards for tires
Importation standards for equipment less than 25 years old   Importation standards for equipment more than 25 years old   Importation standards for tires
Click to download   Click to download   Click to download

#2 Discover easy cross-border financing

Most U.S. lenders make you pay for cross-border purchases out of your own pocket; when the equipment is on U.S. soil you get a refund. We make it much easier.

We can pre-approve your financing before the auction, and don’t need to know when and where you plan to buy. And our application process is fast – you can often be approved the same day!

Learn more about our cross-border financing or apply for financing now.

#3 Lock in your preferred exchange rate, pay in your home currency

Paying for your auction purchases in your home currency has never been easier. Lock in a preferred rate and see the total in your home currency in just a few easy steps with Ritchie Bros. Financial Services Currency Exchange, then pay your invoice via wire transfer. Ritchie Bros. has partnered with a leading financial institution to provide this free service to our cross-border and international buyers.

Learn more: rbauction.com/CurrencyExchange

Ritchie Bros. currency exchange flow chart

#4 Get fast, competitive shipping quotes

We’ve partnered with uShip and VeriTread so you get the best rates on cross-border shipping. Get a free estimate before you bid, or get competitive quotes after you buy.

You can even use your financing to pay for cross-border shipping. We also offer low-cost, all-risk cargo insurance to protect your purchases while they’re in transit.

#5 Simplify your logistics needs

Get your equipment to where it needs to be with Ritchie Bros’. full-service door-to-door logistics and shipping solutions. We take care of every step of the journey with our all-inclusive service to get your equipment across borders, continents and oceans quickly and efficiently.

Call: +1 (855) 331-5736 or learn more about logistics.

Ritchie Bros. currency exchange flow chart

#6 Get your equipment border-ready!

Soil-contaminated equipment may not be allowed entry into the U.S. Ritchie Bros. provides professional cleaning and refurbishing services to ensure your purchase has no soil contamination.

You can even finance cleaning with a working capital loan.

Get more for your money up north: See equipment for sale in Canada

Sources:
*Currency conversion from http://www.xe.com

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