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07-16-2011, 04:09 PM
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How man won Chevy Camaro on auction website for $5.28
Penny auction sites like QuiBids or Beezid that advertise $18 iPads and $15 laptops sound too good to be true, and some simple math shows that the sites end up winning big in the end. That isn't always the case, though – at least not when it comes to pony cars. CNN reports that Jonathan Mason of Michigan purchased a brand-new Bumblebee yellow Chevrolet Camaro SS for only $5.28...
CNN shows how man won Chevy Camaro on auction website for $5.28 
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07-21-2011, 03:28 PM
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What is the catch? Does he still have to pay taxes on the real value?
__________________
www.Krantcents.com "Making sense of money"
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07-26-2011, 02:42 AM
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Wow! That is really a big thing accomplishment. Cool. Many would really die just to have those things.
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08-03-2011, 03:38 AM
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Its called loss leading... they make that much money on the little things, they can afford to give away such a big prize for so little... as they are earning so much more overall and the press from this is perfect as a person really has just bagged him/herself a bargain.
Winners overall are the penny sites. 
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