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| Topic | Have you guys ever used penny auction sites or apps? |
| SableWolfAngel 06/17/19 1:09:47 PM #7: | MrResetti posted... Do you just pay a penny to bid or do you pay what the next bid is? Each site is different, but DealDash works on a sort of "point" system. You buy Bids in Bid Packs which fluctuate in price and capacity. Right now it's 13 cents for 1 Bid, so one of the packages they offer is 55 Bids for about 6 bucks. Then you find an auction you want and bid on it, hopefully until you win. But you have to be careful because not only are you paying the final price it ends up at, you're also paying for the bids. So even something as cheap as 2 bucks can be a lot more if you factor in how many Bids you used to get it. Some people throw away thousands of bids on a big ticket item, often doubling the retail price they could have paid if they had just bought the item outright. Also, the prices are inflated so say this comforter I won that was advertised as a $120 value was actually only $40 on Amazon. Sure, I got a good deal on it, but I had to spend $40 just to buy the Bid Pack so I about broke even. --- ... Copied to Clipboard! |
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