Skip to main content

IronPlanet passes 1 million registered auction users

IronPlanet, an online marketplace for buying and selling used heavy equipment, has surpassed one million users who have registered to view equipment for sale and participate in online auctions at IronPlanet.com. “This is an exciting milestone for us because it demonstrates that more than one million users recognize IronPlanet as a trusted marketplace for buying and selling equipment,” said Greg Owens, CEO, IronPlanet. “We’ve attracted these users because of our ongoing dedication to innovation, customer se
February 20, 2014 Read time: 2 mins
714 IronPlanet, an online marketplace for buying and selling used heavy equipment, has surpassed one million users who have registered to view equipment for sale and participate in online auctions at IronPlanet.com.

“This is an exciting milestone for us because it demonstrates that more than one million users recognize IronPlanet as a trusted marketplace for buying and selling equipment,” said Greg Owens, CEO, IronPlanet. “We’ve attracted these users because of our ongoing dedication to innovation, customer service and delivering what they need: a convenient and reliable equipment solution.”

Founded in 1999, IronPlanet held its first auction March 23, 2000. By September 2009, the marketplace had attracted half a million users. Demonstrating the strong global interest in the IronPlanet online model as a tool for buying and selling, it took just over four years to add another 500,000 users. Today, IronPlanet has registered users in nearly every country and has sold more than US$3.5 billion of used heavy equipment.

IronPlanet’s exclusively online marketplace for used heavy equipment and trucks offers customers a highly efficient way to buy and sell. The equipment sells from the owner’s location, saving sellers the expense and hassle of moving items to a physical auction site. The weekly auction schedule allows equipment owners to consign and sell their equipment in as few as 30 days, a faster timetable than quarterly traditional auctions.

Detailed inspection reports offered by IronPlanet provide a thorough description and pictures of the equipment’s condition and features. These reports are backed by the company’s exclusive IronClad Assurance buyer protection program, which ensures that the reports are a true representation of the condition of the equipment, giving buyers confidence to purchase equipment online.

For more information on companies in this article

Related Content

  • 2-4 year-old construction equipment tops buyer ‘wish list’
    May 11, 2012
    A leading used construction equipment auctioneer firm boss believes equipment aged between 2 and 4 years is now topping buyers’ ‘wish lists’, as 1 to 2-year-old used stocks deplete. Jonnie Keys, General Manager of Euro Auctions, said that with the cost of new equipment currently up by around 20% on prices in June 2009, the used market is still strong. “Euro Auctions has repeatedly seen over 30% of all plant sold leaving the UK and Europe for projects in Australia, South Africa, South America, Central Ameri
  • HxGN Live 2014 attracts record event numbers
    August 28, 2014
    Attracting an HxGN Live event record-breaking 3,500 attendees, HxGN Live 2014 held at the MGM Grand in Las Vegas, US, June 2-5 showcased exciting new and in-demand design, measurement and visualisation technologies for industries including road construction and mining. Themed Great Stories Start Here, this year’s event also included a variety of exclusive presentations by industry experts, hands-on training, inspiring keynotes and international networking opportunities. Guy Woodford reports In
  • Increasing interest in secondhand machines
    September 27, 2013
    Auction specialist Euro Auctions claims that market interest in secondhand equipment continues to rise. The firm reports strong demand for secondhand machines at its recent sales. At the firm’s three day event in Leeds in late August, almost 4,000 lots went under the hammer, the highest number sold at their Leeds auctions to date, achieving over £26.6 million. A large volume of stock had to be turned away and the cut-off date for stationary equipment was also earlier than previous auctions. In addition the
  • Hitachi (HCME) forms alliance with online marketplace Mascus
    June 17, 2016
    Hitachi Construction Machinery Europe (HCME) has formed a strategic partnership with Mascus, an online marketplace. Mascus is a specialist site for buying and selling used construction machinery, as well as other vehicles and equipment. The company was founded in 2000 and is owned by Mascus International, based in the Netherlands. In 2009, Mascus opened an office in the Republic of South Africa, its first office outside Europe. Mascus now operates in 58 countries, covering the whole of Europe, Austral