LONDON--(BUSINESS WIRE)--Penny auctions are online sites
whereby users are able to buy products like iPads and iPhones for a
fraction of the cost.
These sites work on an innovative system
known as pay-to-bid or penny auctions. Smokoo
is one of the best penny auction sites in the world today.
On
Monday, Smokoo will be auctioning off for the second time a Mercedes
C180 CGI. The previous Mercedes C180 they auctionned was sold for
€211.79 , it is one of the most sought after luxury cars on the market.
The
auction is open to new users from the UK/ US and France. Users buy
credits and bid against the clock to secure an auction.
Strategy
and patience are two factors that users employ to secure auctions. The
last bidder having placed a bid as the counter hits FINISHED, secures
the auction. Smokoo is famous for
selling cars for a fraction of the retail price. Recent cars sold on
Smokoo include a Nissan Skyline GT-R and BMW 520d, both sold for less
than 1% of the retail price.
Smokoo hit the headlines a month ago when the company auctioned off a
trip to the edge of space. The edge of space auction is in keeping with
Smokoo’s quest to thrill their customers. The site auctions off the best
and latest products to hit the market.
Amongst Smokoo’s regular
auctions, you will find plane tickets to anywhere in the world,
alongside the best pc tablets, holidays, gadgets, lifestyle and homeware
products.
Smokoo hosts many big ticket auctions and this Monday users stand a chance of getting a Mercedes C180 CGI for a fraction of the retail price.
New users signing up to Smokoo will receive 2 complimentary credits to take part in an auction. Smokoo utilises a variety of the best online payment options making purchasing credits easy.
Queries about Smokoo or the Mercedes C180 CGI auction can be directed to
Smokoo’s support desk.
Support staff assist with queries by way of
a live chat function on the site which is efficient and user friendly.
The Mercedes auction starts on Monday 27 June 2011.