MikeTheGreek
Regular Member
I was on Buds, and I saw their add for BidGunner.com
On the website it shows guns like this Ruger 22/45 Mark III 22LR 5.5 that just sold for $3.00
Apparently it works by multiple people are paying to bid. if the winning bid is $10 and the bid started at $.01 and went up in penny increments, then that was 1000 bids, and each bid cost $.65 (bought in bulk), then the bidders spent $650 bidding on it, plus the $10 for the winning bid. The seller gets $660 for that Glock.
The website only has about 5 bids going a week, so you figure each firearm they sell gets between 1-3000 bids, the website makes a sweet commission, the seller gets what he wants for the gun, and the person who buys it gets an amazing deal.
It's quite a genius system actually, I'm thinking about giving it a go and seeing if I can score anything cheap.
On the website it shows guns like this Ruger 22/45 Mark III 22LR 5.5 that just sold for $3.00
Apparently it works by multiple people are paying to bid. if the winning bid is $10 and the bid started at $.01 and went up in penny increments, then that was 1000 bids, and each bid cost $.65 (bought in bulk), then the bidders spent $650 bidding on it, plus the $10 for the winning bid. The seller gets $660 for that Glock.
The website only has about 5 bids going a week, so you figure each firearm they sell gets between 1-3000 bids, the website makes a sweet commission, the seller gets what he wants for the gun, and the person who buys it gets an amazing deal.
It's quite a genius system actually, I'm thinking about giving it a go and seeing if I can score anything cheap.
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