Purple Wave Auctions, found at PurpleWave.com, is a heavy equipment auctions site that aims to provide an easy user experience whether one is looking to sell or buy farm machinery and equipment.
Purple Wave has been in business since 2000 and is the largest no-reserve online auction site in the country specializing in private and government auctions of vehicles and other equipment.
By growing to this size, they have attempted to accumulate a large community of bidders to see your auctions. They do not require you to move the equipment in order to sell it, which adds to the convenience of online shopping.
How Does It Work?
At Purple Wave you can find agricultural equipment, trucks, trailers, and even passenger vehicles. Each listing includes information and photos of the equipment or vehicle.
Purple Wave auctions items much like a traditional auction but are completed online and are no-reserve. That means that there is no minimum price and the item goes to the highest bidder regardless of how low that bid might be.
If you're the seller, the Purple Wave team will come to you to take photos and help list your equipment. When your piece is sold, Purple Wave takes care of all the payments and processes and helps with the title.
As a buyer, you will be able to see what the current bid is going for, set the next bid, or have the option to set what your maximum bid is. In this case, as the auction continues, your bid will automatically increase until you either win the auction or your max bid is reached.
Once the auction is complete, the buyer is responsible for the cost of transportation and any other costs incurred after the sale.
The online reviews for Purple Wave Auctions is mixed. Some people are happy with the convenient services the company provides but others are disappointed when they finally see their purchase in person.
Regrettably, you can only see so much in a picture and some have claimed that the inspections given by Purple Wave Auction's team are not as thorough as they should be. This creates a risk if dealing with an unscrupulous owner who bends the truth about the condition of their vehicle.
Purple Wave Auctions states in their terms and conditions that the items sold are "as-is" and "where-is", meaning that if you are unhappy with your purchase you will not have much recourse in the matter. This has been the cause of most of the complaints found in the reviews.
Unfortunately not being able to inspect the product in-person is an inherent risk one takes when dealing with an online auction.
For best results, you should communicate well with the seller, ask lots of questions, and, if at all possible, see the vehicle in-person before buying it. Remember that all auctions, on or offline, carry a certain amount of risk.
Purple Wave Auctions Company Info
Purple Wave Auctions can be contacted at toll-free phone number at 866-608-9283 or by e-mail at [email protected] They list their physical address as 825 Levee Drive, Manhattan, KS 66502
If you have any experience with Purple Wave Auctions, please leave your reviews below.
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