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WelcomeHIGH BID AuctionLOW BID Auction
Sun, 12 Feb 2012 02:59:09 UK time
    
The Low Bid Auction 
 

What do I do?

Simply choose the lowest price that you think that no one else will choose and enter it as your bid.

What is a 'lowest unique bid'?

Note that bids are in whole/round numbers of pounds, and a 'lowest unique bid' is the lowest bid placed, that no one else matches. For example:

Bid : £1.00
Bid : £1.00
Bid : £1.00
Bid : £1.00
Bid : £2.00
Bid : £2.00
Bid : £3.00
Bid : £3.00
Bid : £3.00
>> Bid : £4.00 << WINNING BID
Bid : £5.00
Bid : £6.00
Bid : £6.00

In the above example, the winning bid is £4.00 because it is the lowest bid that no one else has also entered as a bid.

Once the preset maximum number of bids have all been placed, the auction will then automatically be drawn. If yours is the lowest unique bid, then you can purchase the item from us for the price you have offered.

As soon as one auction is closed another will open. So if you don't win first time round, there will be more chances to bid again and choose that winning bid.

Does this really work?

Check out the results here where you can see details of over 800 people who have already saved themselves an average of 93% on their purchases from our LOW bid auctions. There are many customers who use this regularly and have multiple wins.

** Mini Cooper S for £5? **

So far, we have sold 21 brand new Mini Cooper Ss. Each one went for less than £140. In fact the average price paid was £60 and the best deal of all went to one rather pleased Mandy Glassberg from London who got hers for just £5!

What do I do next?

  • Browse the Lots and enter the amount you would like to offer in the "Bid Here!" box.
  • Once you have made as many bids as you want, click finalise on “Your Basket”, make any final amendments to your bids then click “Checkout”
  • Complete your contact and payment details and click "Submit".


  • Or, if you would prefer to deal with a human…

  • Call us at Auctionair on +44 (0)1926 642 340 and place your bids over the phone. (Please note, this is not a call centre, it is our very nice Customer Service Team. They work in a converted stable block in the Warwickshire countryside. They will be delighted to talk to you. However, they are only available during weekdays and normal office hours, but they will respond to messages left.)

We email the results to all participants whether or not they win. You may bid as many times as you like, up to the maximum number indicated on each Lot.

What happens if I'm a winner?

If your bid is a winning one, we will contact you by phone or e-mail. You will then have 24 hours to confirm whether you want to go ahead and a further five days in which to pay, by credit card, cheque or bank transfer.

Terms & Conditions

To see full terms & conditions for the Low Bid Auction click here.

Want to know more?

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How do we make money?

We earn income from the entry fees. Our costs are advertising and promotion, web site build & maintenance, sales & fulfilment as well as the loss we take on the winning item. The Low bid cannot sell large volumes of Lots, so we set the number of bids required to cover these costs. Over 40% of our customers bid again, often using our other bidding systems. It is the repeat business from those customers that generates our sustainable profits. So if you do bid, persuading you to come back again is especially important to us.

How do I keep track of my bids?

You open an account in order to bid and you can always see the status of all your bids on your account page. We will also email you the final results of the auction once all the winners have been finalised.

Can I check out the winners?

Find out for yourself at the Results section on this site, where all the Low bids made, including all the winners are available for your scrutiny.

Good luck

Thanks for reading all this. Best of luck if you do decide to have a go…

 
   

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