- The starting price for every product is always $0.00 (USD).
- Each bid will cost 1 credit and raises the price of the product by $0.01 dollars, which keeps the final – winning - price very low.
- You bid against the clock and others on the site.
- The timer running next to the product shows, how much time is left until the end of the auction.
- The auction is over, when the timer has ticked to zero.
- The product goes to the person who made the last bid, and the user wins the right to purchase the product at the auctions ending price.
- The final price includes also value added tax and carrier fees.
One bid costs 1 credit.
Once the auction has ended, you'll get an e-mail with further instructions.
All items on Penny Auction are brand new and will be delivered by retailers such as Amazon.com, Best-Buy etc. The retailer will also deal with warranty problems.