Property News · May 15, 2015

Revealed: How MadBid buyers can end up paying twice the price


Unsuccessful bids, disappearing credits and problems getting refunds prompt flood of complaints from discount auction website’s customers The home 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-new Mini One for the staggeringly low price of £6.83.But a Guardian Money investigation suggests that successful buyers may end up paying more for goods available on conventional retail sites, while the far more numerous unsuccessful bidders face losing £28 or more each. Continue reading…

Source : theguardian.com
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