Mercedes C180 CGI sold for €211.79 on penny auction site Smokoo

LONDON--(BUSINESS WIRE)--Penny auctions are online sites whereby users are able to buy products like iPads and iPhones for a fraction of the cost.
These sites work on an innovative system known as pay-to-bid or penny auctions. Smokoo is one of the best penny auction sites in the world today.
On Monday, Smokoo will be auctioning off for the second time a Mercedes C180 CGI. The previous Mercedes C180 they auctionned was sold for €211.79 , it is one of the most sought after luxury cars on the market.
The auction is open to new users from the UK/ US and France. Users buy credits and bid against the clock to secure an auction.
Strategy and patience are two factors that users employ to secure auctions. The last bidder having placed a bid as the counter hits FINISHED, secures the auction. Smokoo is famous for selling cars for a fraction of the retail price. Recent cars sold on Smokoo include a Nissan Skyline GT-R and BMW 520d, both sold for less than 1% of the retail price.

Smokoo hit the headlines a month ago when the company auctioned off a trip to the edge of space. The edge of space auction is in keeping with Smokoo’s quest to thrill their customers. The site auctions off the best and latest products to hit the market.
Amongst Smokoo’s regular auctions, you will find plane tickets to anywhere in the world, alongside the best pc tablets, holidays, gadgets, lifestyle and homeware products.

Smokoo hosts many big ticket auctions and this Monday users stand a chance of getting a Mercedes C180 CGI for a fraction of the retail price.

New users signing up to Smokoo will receive 2 complimentary credits to take part in an auction. Smokoo utilises a variety of the best online payment options making purchasing credits easy.

Queries about Smokoo or the Mercedes C180 CGI auction can be directed to Smokoo’s support desk.
Support staff assist with queries by way of a live chat function on the site which is efficient and user friendly.

The Mercedes auction starts on Monday 27 June 2011.