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IronPlanet Auctions Written By: Provided By: IronPlanet™ is the leading online auction company for buying and selling used heavy equipment and trucks. They provide detailed inspection reports on hundreds of items and guarantee equipment condition with the IronClad Assurance — their promise that inspection reports are true representations of equipment condition. By eliminating transportation and make-ready costs and drawing a global audience every two weeks, IronPlanet delivers lower channel costs and better price realizations to sellers. IronPlanet also facilitates the sale and purchase of each item on its Web site to provide a secure transaction. Once a buyer wins an item, the buyer is required to pay IronPlanet directly. IronPlanet then notifies the seller to release the equipment. When the equipment is received by the buyer and its condition verified, IronPlanet releases payment to the seller. IronPlanet moderates any disputes to ensure a fair solution is reached.
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