Press Release: March 17, 2010
A Madbid Penny Auction bidder from Reading has bagged himself a brand new Mini First for just £967.59 saving more than 90% off the RRP.
The winner was at work and had set his home computer to auto-bid on his behalf.
He received a text from Madbid telling him that hed won the car.
I couldnt believe it, he said I didnt really have a strategy, I just made sure I knew how the site worked and kept an eye on other bidders.
Madbid have auctioned over 3 million pounds worth of goods. Incredibly, they have sold over 1200 different types of products and on average sell over 135 products a day.
The average savings on cars is over 95%, for cameras over 98%, mobile phones 97% and for TVs over 97%
For more information visit http://uk.madbid.com or for more press information call Mick Thorburn on 0034950 453340 or email him at email@example.com
Madbid.com is the penny auction site where brand new products, such as Nintendo Wiis, iPods, laptops, digital cameras and LCD TVs fall under the auction hammer everyday and sell for prices that can only be described as totally mad. To give a few examples, a MacBook Air was auctioned for £18.89, an iPod Touch for £2.71, a Nintendo Wii for £0.92, a Canon IXUS for £0.18 and a LCD TV for £4.33.
This is how MadBid.com auctions work: 1. All auctions start from £0.00 and bid increases are made by one penny at a time. 2. You can bid by either text message from your UK mobile or using a MadBid Online Account. 3. When the countdown timer reaches zero the highest bidder wins!