- 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 if the timer runs out before anyone else places a bid, you win!
- 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.
Please also read our Frequently Asked Questions page for answers to the most commonly asked questions. Click Here
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.
