Daily Auctions

Items listed in our weekly Featured Auctions are sold without a reserve price. If you wish to sell your equipment with a reserve price, you may be more interested in Daily Auctions.

Daily Auctions are similar to Featured Auctions, but you may set a reserve price, and also choose a closing time at any point throughout the week. Sellers in Daily Auctions may also make a Second Chance Offer and provide a Win it Now price.

• Reserve Price - A Reserve Price is a hidden minimum price that the you are willing to accept for an item. In a Reserve Price auction, you are only obligated to sell the item once the bid amount meets or exceeds the Reserve Price.
• Second Chance Offer - If the Reserve Price is not met, you will have the option of extending a Second Chance Offer to the highest bidder, which gives the highest bidder an option to purchase the unit at a price equal to his or her maximum bid amount.
• Win It Now - In an owner auction, you may also optionally set a Win it Now Price. This is a publicly displayed price at which you are willing to end an auction early and sell the item immediately to the buyer.

To learn more about selling your equipment through IronPlanet's Daily Auctions, please contact Customer Care at 1-888-433-5426