BuyPlane listings are purpose-built to provide the best user-experience for both buyers and sellers.
The auction process begins with seller listing their aircraft through our online submission form. We select only the highest quality, and most unique aircrafts and work with the seller to create a thorough listing for the aircraft. Auctions typically run for 7 days.
What Makes BuyPlane Unique?
Each Seller Is Represented by an Auction Specialist
You will be assigned a dedicated auction specialist to guide you along the drafting and live auction process.
We represent every aircraft listing with honesty
With professionally-written listing descriptions and extensive photo collections.
Create a Conversation Between the Buyer and Seller
Each listing has a comment thread to discuss the aircraft, or offer constructive criticism of the listing.
We Offer Protection Against Last Minute Bidders
Our “Sniping Protection” extends the auction timer each time a bid is placed giving every bidder a fair chance.
Once an auction is closed, we connect the seller with the winning bidder to finalize the transaction.
How Do I Register to Bid?
You can register to bid by visiting the New User Registration page to make an account. Once you’ve completed the registration, check your email for a link to “Verify” your account, if you don’t see the email, make sure to check your Spam or Junk folder. Once your account is verified, simply add a payment method on the My Account page to enable bidding privileges.
How Does Bidding Work?
Simply enter the amount you would like to bid, if your bid is higher than all other bids, you will become the highest bidder. If no other bids exceed your bids, you will be responsible for paying the seller the amount of your highest bid.
What Happens If the Reserve Is Not Met?
If the reserve is not met, we will encourage the seller to make a deal with the highest bidder. If the highest bidder and seller cannot come to an agreement, the seller will be given to option to re-list their aircraft at a later date.
Can I Receive Updates?
Yes! By clicking the “Add to Favorites” button on any auction listing, you will receive updates on the auction via Text/Email.
What If I Win the Auction?
What Is the Buyers Fee?
If you win an auction, BuyPlane collects a 5% buyer’s fee on top of the winning bid amount with a minimum fee of $250, and a maximum fee of $5,000. (i.e. A winning bid of $50,000 would pay an additional 5% buyer’s fee for a total amount of $52,500).
If you do not win the auction, your 5% buyer’s fee will be returned to you immediately.
Will There Be a Hold on My Card?
When bidding, BuyPlane places a temporary hold on your card for 5% of your initial bid amount with a minimum hold of $250 and a maximum of $5000. If you win the auction, that hold will be converted to a charge. If you do not win, the hold will be released immediately at the time of auction end. It can sometimes take a few days for your bank to release the funds back to your account.
What Types of Payments Are Accepted?
We accept all major credit and debit cards.
Why Is the Timer Resetting?
During the last 2 minutes of each BuyPlane auction, the timer will reset back to 2:00 for every new bid placed. This will continue to happen until no more new bids are placed and the auction ends, this feature gives everyone a chance to bid fairly regardless of internet speed, or computer skills. We call this feature “Sniping Protection” as it halts the common practice of putting a bid in at the very last second to steal the highest bid from someone else.
Can I Cancel a Bid?
Bids cannot be canceled, so please be very careful when bidding.