Sale, transfer & payment

IronPlanet walks you through every step of the selling cycle including Post-auction transfer of title and payment.

1. We collect payment - After the auction, the buyer places funds into a secure account managed by us for this transaction. We will notify you once 100% of the funds required have been deposited.

2. You release the equipment - Once the funds from the buyer are deposited, you can release the equipment for shipment. Once the buyer accepts delivery of the equipment, IronPlanet will authorize the release of funds to you, the seller, less any commissions, within two business days.

FAQ - For Titled Vehicles

Who do I send the title to?

Once you've signed the equipment consignment agreement, you will need to send us the title for the equipment if it has one. If your original vehicle title is not at IronPlanet prior to auction your equipment cannot be sold. As the seller you should sign off the seller portion of the vehicle title. After auction, IronPlanet will complete the buyer information. (Don't complete the new buyer section of the title as IronPlanet.)

I don't want to sign my title prior to forwarding it to IronPlanet, do I have another alternative?

Yes, you can provide us with an unsigned title and a notarized Power of Attorney form. This notarized form authorizes IronPlanet to sign the title for the seller after the equipment is auctioned. Click here.

I'm selling multiple pieces of equipment, can I send you one notarized Power of Attorney form the covers all my equipment?

No, the Power of Attorney form must be equipment specific one form for each piece of equipment you are selling.

I don't have a title for my vehicle can I still sell it through IronPlanet's auction?

No. Title eligible equipment must have either a transferable title or Manufactures Statement of Origin (MSO) to be sold through IronPlanet.