Penny Auctions Rock

Have you ever tried a Penny Auction? You could be missing out on some incredible deals! It's free to join and on most sites you get free bids to start. There are so many Penny Auction Sites out there! I've been looking into Penny Auctions for some time now and I've walked away with some incredible deals myself. For example I just won a 32gb Apple iPod touch for $1.63

If you've been interested and were thinking of joining a Penny Auction Site, then I do suggest taking your time and research the sites you are about to join. When joining make sure you read all the rules and regulations before you just jump in and start bidding. This can cost you a lot of money if your not paying attention. When looking for a Penny Auction site you want to make sure the Website has some online credentials. You should never have to pay to become a member as well. When at all possible try to stay away from websites that will not credit at least 50% of your lost bids to product or additional bids.

After joining and becoming a member you need to purchase what they call bids. These range from .10 cents to 1 dollar. This allows you to make a bid on an item. For example: if you see an item and you place a .01 penny bid you have to take in account the bid cost along with the penny. So for example if the bid cost was say .50 cents then every time I bid it actually costs .51 cents. So if i was to click the bid button 10 times than my actual cost of the item would be $5.10 But if the item costs 200.00 and you just got it for 5.10 then I would say that was an incredible deal.

Then after winning, the item usually shows up to your door step within 4-6 weeks. Sometimes less depending if you pay for express shipping. After you get a hang of the process it becomes a lot of fun! Well hope this helps you and HAVE FUN!