A new homologous series of alpha,alpha'-bis(diphenylamino)-capped oligothiophenes, prepared by a palladium- catalyzed coupling reaction of stannylated 2-diphenylaminothiophenes with 2-mono- or 2,5-dibromothiophenes and their homologues, was studied by in situ ESR/UV-vis/NIR spectroelectrochemistry. In general. the oxidation potentials of these oligothiophenes were found to be proportional to the inverse number of thiophene units. However, the potential slope of the first oxidation is completely different from that of higher oxidation steps. Trication radicals were identified by electron spin resonance (ESR) for higher thiophene homologues in addition to monocation radicals (polarons). According to the ESR hyperfine structures, the unpaired electron is delocalized in the conjugated system. In contrast to the parent alpha-,alpha'-bis(diphenylamino)-capped oligothiophenes, the U`V-vis/NIR absorption maxima of the oxidized species strongly depend on the number of thiophene units. Spin-restricted and spin-Unrestricted Kohn-Sham density functional calculations were used to explain and to understand these properties. Absorption wavelength and intensities were calculated by the time-dependent density functional response theory. Unrestricted density functional calculations of oligothiophene dications (bipolarons) with five or more thiophene rings result in spin-broken structures which may be considered as two-polaron biradicals (polaron pairs).