Penny Auction
The Penny Auction Train Left Out Sports
The penny auction craze is sweeping the web in a major way. Buyers are winning top of the line electronics, phones, gift cards and bonus bids at incredible prices. Penny auctions are a great alternative to traditional auctions because most sites deter bid sniping by extending their auctions each time a user bids in the last couple seconds.
It's no secret that penny auction websites sell mostly the same stuff: electronics such as laptops, cell phones, speakers, home audio systems, tv's and other things such as gift cards to popular stores and websites. But while 99.9% of the penny auction websites on the web sell the same items, sports fans are left wondering: what about sports cards, collectibles and memorabilia?
Well now, there's a long awaited answer to this question! SportZoid.com touts itself as the internet's only sports based penny auction website. SportZoid sells baseball, basketball and football cards, autographs, memorabilia, photos, event tickets and everything else sports-related at penny auction prices! The site sells bid packages where bids are just .50 each but if you buy 100 bids, they're discounted down to .40 each.
SportZoid has a great page called "How It Works" which offers a brief and to-the-point explanation of how penny auctions work in general and how sportZoid runs their auctions.
The site has a wide selection of cards and memorabilia and also has a very unique feature in that it gives users points for each bid they purchase. These points never expire and can be used in their "Point Store" to buy cards and other cool sports stuff. The site does this everybody wins something!
Visit the site at www.sportzoid.com
They also have a blog at www.sportzoid.net
About the Author
Joe Bellamonte is an avid follower and reporter on penny auction websites. His work can be found in many article databases and blog posts.
Penny Auction
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Car buyers help! going to car auction tomorrow HELP!?
OK, i met this guy who will take me to a car auction and if i buy a car he says to pay him 100 bucks and if i dont i dont owe a penny , he is certified to go in or whatever...
but anyways im not sure what kind of car auction it is just gonna check it out to see if theres any good cars because mines broke down and i need a new one .
Anyways does anyone have any tips or pointers on what to expect tomorrow or what to do?
Thanks
Ok, I've been in the car business for a while and here are some great tips NOT to forget when attending an auction.
1. Get there atleast 2 hours before the sale starts so you can inspect the cars. Check the cars for paint work, oil leaks, electrical issues, etc.....If you can, start the car and drive it in all gears. WRITE DOWN the run numbers of the ones you would like to bid on.
2. Once you bid on a car and you win, you own the car. I wouldn't buy a car "as/is" unless you fully inspected that car and its gotta be cheap! KNOW WHAT TO LOOK FOR, IF YOU DON'T KNOW WHAT TO LOOK FOR DON'T BID! Try to bid on the cars that are "ride-n-drive", this way you can arbitrate it if it has a problem. Arbitration, at most auctions, is only good thru the end of the sale that day.
3. LISTEN close to the auctioneer. If the vehicle has a salvage title, rebuilt title, as-is, any kind of damage etc..... the auctioneer annouces it as soon as the car roles on the block.
4. Depending on which sale you go to, you can pretty much guess at what the car is going to bring. The run numbers you wrote down, you want to look them up in a BLACK BOOK. Make sure you know what trim the car is, equipment, etc..... Most dealers pay avg. cond according to the black book. If your looking at cars older in years, they also have a black book that is gray, for the older cars. If you are going to a Manhiem sale, and you don't have a book, before the auction starts you can go inside and use thier computers to log into Manhiem on line. Your dealer friend will have to log you in. There is a report there called "Manheim Market Report (MMR)". In that report, you can look up vehicles by V.I.N. or year, make, model, and trim. It will tell you what that similar vehicle sold for in the last 30 days.
5. Also, what you bid is not exactly what you pay. You have to add on a sale fee on top of the bid price, plus whatever your dealer friend will charge you for the car. ALSO, you have to have the money to pay for the car. There is no financing at an auction unless your dealer friend will finance the car for you OR you or him arrange financing.
The auctions move very fast. DON'T GET IN A AUCTION FRENZY, YOU WILL LOSE! If your looking at older cars, sometimes auctions are not the place to buy them. Craigslist.com is a great resource for older vehicles and there is no presure to inspect them and most cars there are sold from private individuals.
I hope this helps you. GOOD LUCK!