Unsuccessful bids,disappearing credits and problems getting refunds prompt flood of complaints from reduction auction website’s customersThe domestic page of auction website MadBid makes a series of stunning claims. One bidder snapped up a Fiat 500 for just £193. Another grabbed a week in the sun” for a mere £3.28. A third is about to take delivery of a brand-modern Mini One for the staggeringly low price of £6.83.
But a Guardian Money investigation suggests that successful buyers can actually end up paying twice the price for goods available on conventional retail sites, while the far more many unsuccessful bidders face losing £28 or more each.
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Source: theguardian.com