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Purple Wave

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Website: purplewave.com
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Overview

Purple Wave, based in Manhattan, Kansas, runs no-reserve online auctions of used equipment and vehicles for the construction, agriculture and fleet markets, and has done so for more than two decades. It reports more than 200 employees and regularly scheduled auctions.

For a seller, Purple Wave handles the marketing to its buyer network, sends an auction specialist to the seller’s location to catalog the item with photos and video, lists it as is where is, and leaves transport to the buyer, so a public fleet can dispose of units from its own yard. For buyers, it verifies and handles title paperwork, guards against shill bidding, offers inspection in person or digitally, and can arrange financing and shipping. The company also offers equipment and fleet appraisals.