Quibids Auctions, found this interesting

I was just surfing as usual looking for more of the great freebies and deals that I love to post for everyone. I ran across this Consumers Tips Digest, and watched the news video on this new auction site Quibid that is out of Oklahoma. Since I use Ebay a lot I thought hmmmmmm.....I wonder what this is about how it works and if its really worth it. The bids go up by a penny at a time! Yes, you read that right I was watching bidding going on and each time it went up it was by a penny.

I see there are a few differences between Ebay and Quibid already. I noticed they charge .60 for each bid you place, HOWEVER, I also noticed that you can get things such as camera's, laptops, and other big brand name items for cheaper then you can on Ebay. So with this in mind, and even with the .60 bid charge it might be the better route to go. I haven't tried it as yet but I do look forward to seeing what it is all about very shortly and will do an update on this new Auction site to let you know what I think about it and what I think is better Ebay or Quibids.

I should let you know in advance that I will be receiving nothing in return for my review of this site. I am looking for a few big ticket items so I would like to see how it works and if it will truly be a savings. If this is the fact I will be letting you know what I purchased and how much of a savings it was when I purchased it.

If you watch the video you will see that the man who purchased a camera saved himself quite a nice amount of money by purchasing it from Quibids. So I will update you in the next couple of weeks to let you know if the savings is real. If anyone tries it before me please post what your experience on Quibids is like and if it was an actual savings for you.