Purple Wave Auctions Reviews
About Purple Wave Auctions
An online site that is trustworthy and reputable is hard to find, especially one that specializes in heavy equipment. Purple Wave is a site that accomplishes just that. It is the largest no-reserve online auction site in the country. The site provides you with an easy user experience whether you are looking to turn equipment into cash or looking to pick up some equipment of your own.
Purple Wave has been in business since 2000 and has rapidly grown since then. They now have 80 professionals part of their team providing the expertise needed to insure a quality buying or selling experience.
By growing to this size, they have been able to accumulate a large community of bidders to see your auctions. Purple Wave also has a focus on making sure that the auctions are trustworthy so you don’t need to worry.
Something that sets them apart from other auction sites is that they do not require you to move the equipment in order to sell it, which adds to the convenience that you look for in online shopping. They even do government auctions. Their slogan sums up what you can expect from buying and selling with them “Straight. Simple. Sold.”
At Purple Wave, you will be able to shop for construction equipment, agricultural equipment, trucks, trailers, and even passenger vehicles.
Each listing includes clear, extensive photos of the equipment or vehicle. As a buyer, you will be able to view the item from every angle; as if you are seeing it in person. You will be given the make, model, and year of the vehicle as well as the location. This is important because the buyer will be responsible for the cost of transportation and any other costs incurred after the sale.
How Does It Work?
Purple Wave auctions items much like a traditional auction but with the convenience of buying and selling in the comfort of your own home. These auctions are all completed online and are no-reserve. That means that there is no minimum price. The item goes to the highest bidder regardless of how low that bid might be.
From start to finish, sellers are offered a full-service experience. The Purple Wave team comes to you to take photos and list your equipment. When your piece is sold, Purple Wave takes care of all the payments and processes even the title.
Buyers will be able to see what the current bid is going for, set the next bid and even enter what their max bid is. That way the work is done for you. The bid will automatically increase until either you win the bid or your max bid is reached.
Cost and Price Plans
Since Purple Wave in an online auction, items can sell either over or under the going price. Ultimately, it will just depend on the value and demand of the vehicle.
You will find many mixed reviews for Purple Wave Auctions. Some people are happy with the convenient services the company provides. Others, however, 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’s team are vague and misleading. To make things worse, owners have been known to bend the truth when it comes to the condition of the vehicle.
This is a chance that you will have to take when dealing with any sort of auction, especially one that is being handled online. The company states in their terms and conditions that the items sold are "as-is" and "where-is". That means that if you are unhappy with your purchase, Purple Wave will not stand behind you. This has been the cause of most of the complaints found in the reviews.
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.
Competitors and Alternatives
If you feel that Purple Wave isn’t for you, or you are just looking to expand your options, there are several auction alternatives.
Dealdash.com is where each bid is raised $0.01 every 10 seconds. You have 10 seconds to place another bid. If no one bids in 10 seconds the last bid wins. The small catch is that you have to pay $0.13 for every bid you make.
This fee ensures that savings as big as 95% are possible. An upside to Deal Dash is that they have plenty of promotions like 50% off deals and gaining free bids each time you’re the highest bidder.
Tophatter.com is another great auction site. The bidding is always free and there are even “buy now” options.
Shop Good Will
Shopgoodwill.com is a great way to find a good deal in online auctions while giving back to the community. Like a Goodwill store, the items are all donated and the non-profit organization that uses its revenue to fund educational programs.
Where to Buy?
You can make bids and purchases at Purplewave.com. For those of you on the go, Purple Wave even has a mobile app so you can find just the thing you're looking for. If you're looking for more information about Purple Wave you can their toll-free phone number at 866-608-9283 or email them at [email protected] If you have other questions please visit https://www.purplewave.com/contact/us.
Auctioning can be tricky when you’re buying and selling. Sometimes you’ll get a great deal, sometimes you won’t but the options there for you. The great thing is that in this modern age you can do it from the comfort of your own home and you have companies like Purple Wave to help you along. Even if the item you are looking for is as big as a front end loader, you can find an auction for it.
2 ‘Purple Wave Auctions’ Reviews
I purchased 3 items from Purple Wave. All 3 items had undisclosed issues that lowered their value. Item 1 was a 2006 diesel f350. It had been altered previously rendering it unable to be registered and pass emissions. Questions and complaints to Purple Wave resulted it "too bad." Item 2 was a 2016 F150. In the listing it noted AC as one of the included options. However, the AC compressor was seized, along with several other AC issues that cost $1500 to repair. Complaints to Purple wave resulted again in "its risky to buy at auction, because there are no guarantees." Item 3 was a 2000 track loader. It had numerous issues that were undisclosed resulting in $3000 in repairs.
Bottom line is people sell crap at auctions that they could normally not push on people who are present, without disclosing the issues. Since purple wave cannot hold them to the descriptions, buyers will almost always get something that has problems that prevent a normal sale. In all, the undisclosed repairs cost me $6,000. Best to buy local where you can examine the items and sue if they conceal important issues.
Purple Wave is a legitimate auction house, but purchases there can be risky.
Since the equipment is located at the owner's place of business, not the auction yard, the purchaser must trust the auction house and also trust the equipment owner.
In my case, the owner felt that the equipment did not sell for the amount that he had expected.
To make up for this, the equipment owner withheld several valuable components.
Purple Wave asked the owner to produce the items. The owner admitted that he still had them, but refused to give them up.
Purple Wave has very little power to enforce the sale and delivery of their auction items; their service is limited to arranging the sale and collecting a percentage, the same percentage that a regular full-service auction house collects.
Since any Purple Wave auction item may involve a disgruntled owner, a purchase through Purple Wave Auction involves that additional risk.
You bid online on their website, then you pay your money to Purple Wave. When it's time to take possession of your item, you're on your own.