wellbid.com iintroduces the new idea of an Auction Shop.
- Just like in stores - all items presented in our auctions are new and have a full manufacturer's warranty, but unlike other stores, only you, the buyer, determine the price, not the seller.
- Our auctions operate in accordance with the idea of traditional auctions, known and practiced for centuries in the auction houses based on bidding. In such auctions the price increases until the end of the auction.
Traditional Auction - details
The starting price for each item we present for sale is 0 GBP. If within a certain time (we call it: time to the end of Auction), no one wants to buy (does not Bid) - this item is not sold and is removed from our shelves.
Placing interest in the item is equivalent to a decision to purchase it at a price higher than the current amount set in the auction parameters. This means that the first person can buy an item for 1 pence!!!. But note - the item will be sold to the person whom nobody outbids in the defined time to the end of the Auction. This time is defined individually for each Auction, depending on the current price. Information about the time for bidding is located on the Auction details page under the BID button as well as on auction cards and auction listings in the form of a clock icon with an area in red symbolizing the time.
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Remember!
Our offers are often unique - you may never see again such a bargain.
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