Something Doesn’t Seem Right About FastPennyCars.com

fastpennycars.comVisit our forum to learn more about penny auctions! Click Here

UPDATE: FastPennyCars sent us a response to this article as well as commented below. 

Frankenmuth, Michigan based FastPennyCars.com is a brand new penny auction site that offers cars, they just closed their first auction for a brand new 2011 Chevrolet Camaro on June 25th, 2011 at 12:10 pm. The end price was $5.28, the price increased in $0.02 increments, 264 bids were placed in total.

The winner of the Camaro is Jonathan Mason, also of Frankenmuth received the car yesterday. According to Sandy Daenzer, VP of FastPennyCars.com to today’s article posted in the Saginaw News, “Only active bidders knew we were reputable,” Daenzer said. “We figured the first car would go really low, but we’re legit.

Also read their press release: click here, for more info.

They claim to be legit, and I hope they are, but why would a bidder have the same IP used by the vice president?

To take a look at what we’re talking about, first check out the following comments that were posted in our forum, from one user in particular. From the sound of the comments left by this user, suburbangreen, from the beginning I thought it sounded like they were coming from the company, then I was really surprised when I read a comment where they claim their friends have won on FastPennyCars and that they plan to bid on their next car, a 2011 Mustang. After I checked the IP addresses for this forum member I found something really interesting and I’m pretty disappointed by yet another penny auction site, unfortunately this doesn’t surprise me.

See the comments left by suburbangreen:

“My friends went into this website (FASTpennycars.com) and loved the whole car theme and actually won several gas and automotive related cards. I am waiting to see the video of the winner receiving his 2011 Camaro. I am sure it will be posted on Facebook and YouTube and local media stations for coverage this week. A car going for 5 bucks!!! The website is still offering cards during the week. I will try for those gas cards this week and wait for the next 2011 Mustang auction maybe I can win a car this time!”

“After the 2011 Camaro SS went for $5.28, I actually contacted them to see if it was a legit site and spoke to someone at FASTpennycars.com who told me that it went for less than they expected but hoping to use it as a marketing tool so people can go to their site. I am sure they expected to lose $$$$ money on the first car, but not as bad as they did and I think they will do better with the next two cars they auction. I liked the site. It is very different from the other penny auction sites and their customer service or live chat was great!”

“I will let you know if I see the video on Facebook or Youtube sometime this week. This person must be freaking that they won a 2011 Camaro for 5 bucks!!!!!!! Ahhhhhhhh!!!!”

Notice that Suburbangreen has the following IP address in our forum: 76.231.136.116. When we e-mailed FastPennyCars.com yesterday to ask about the auction, the IP address that Sandy Daenzer replied back from is the very same IP address, 76.231.136.116, she was on the same IP this morning.
See screenshots:
fastpennycars
The e-mail address in our database for suburbangreen shows a user on Facebook that is personal friends on Facebook with Sandy Daenzer, and they appear to be sharing IP addresses?
What do you think about FastPennyCars? Discuss this in our forum.

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36 comments… add one
  • ProtoProtoss June 28, 2011, 4:24 pm

    Reply
    • Penny Auction List June 29, 2011, 5:56 pm

      @ProtoProtoss,

      I noticed that you were bidding there. Did you receive your card yet?

      Reply
      • ProtoProtoss June 29, 2011, 8:03 pm

        So far, yes. I have received the first 4 $200.00 gift cards and also have just won another which I was told is already on it’s way. As for the car… I don’t know. I can’t really say I believe a car is going to be sent to the winner if it’s at that big of a loss to them, but I am going to record me fighting for one and IF I win it then you all will have your true answer. I’m going to be the test dummy I guess. It is really ironic that a FRIEND of theirs won it though. That was a bit fishy, and on top of it in their terms it states that if they can’t deliver the car that they have the option of just returning the payment and bids for that auction. That in itself is extremely an issue in itself. BUT… I am receiving all my gas cards, so I’m going to continue to get while the getting’s good.

        Reply
  • Richard Sanchez June 28, 2011, 7:23 pm

    busted!

    Reply
  • BPD June 28, 2011, 9:53 pm

    Once again, Amanda, your sword descends! Nice work!

    Why is it that crooks always think they’re smarter than everyone else? You haven’t even had to use any sophisticated methods to nail some of these idiots to the wall! Keep up the great work!

    Reply
    • Amanda June 28, 2011, 10:51 pm

      thanks!

      Reply
  • Keith June 29, 2011, 9:06 am

    This still does not prove that the winner is not legitimate. They only advertised locally so the chances of someone winning in the same town are high. Providing some positive comments to combat all the bad comments doesn’t prove that they are crooks. Maybe just give them a chance instead of assuming all of the penny car sites are fraud…

    Reply
    • Amanda June 29, 2011, 6:12 pm

      I never said the winner was not legit, nor did I call them a fraud. Just posting what I found for readers to review. Thanks for commenting!

      Reply
  • Sandy Daenzer June 30, 2011, 6:52 pm

    Amanda,

    Per your post, I appreciate your interest in FASTpennycars.com and hope to work with you to restore trust in our company, as we have taken pride in launching a penny auction site that is reputable and transparent.

    For the record, the postings made by the alias ‘Suburban Green’ were from Sabrina Davidson, an enthusiastic member of FASTpennycars.com. While we don’t condone this behavior, it is important to note that Suburban Green was not acting in an official capacity for FASTpennycars.com. These comments were reactions to inaccurate postings being made by others about FASTpennycars.com.

    FASTpennycars.com takes full responsibility for not disclosing Suburban Green’s affiliation with the company.

    As you know our first auction sold a 2011 Chevy Camaro SS for $5.28. From a business perspective, this was significantly lower than what we expected the car to auction for. That said, the car was delivered on Monday and we have since auctioned several gas cards and automotive related gift cards and will continue with other automotive-related offers.

    Our next car auction is on July 16 featuring a 2012 Ford Mustang GT. Since launching the company, we have made it a priority to earn the trust of customer participating in our auctions. Our Bidder Assurance program is designed to offset any lost investment in car auctions, providing a credit that can be used at our dealership partners toward a new vehicle purchase.

    Once again I apologize for this situation and welcome the opportunity to speak with you and further discuss any questions you may have.

    Thank you

    Reply
  • 824addiction July 1, 2011, 9:33 pm

    I tried the site out today.I was amazed at the traffic for a new site. 6 bidders were on a $100 gas card..2-3 were casual bidders..the others bid the card up to $4.74 or so. Two auctions, thirty minutes apart had completely different bidders..for the first time ever, while bidding on a PA site, I didn’t get a good feeling. I placed about 52 bids on it..I called them, and they did issue me a refund of my unused bids..

    Reply
  • 824addiction July 5, 2011, 8:05 pm

    Is it just me, or does this seem strange? After my perplexing experience on the site, I was curious as to where the majority of the traffic was coming from? I thought it was a little strange that the first two auctions were thirty minutes apart and had no overlap traffic,. I was surprised as well by the price the second auction sold for. I thought the bidding habits of the few players were random as well. A player would aggressively bud up to the 100 bids of the $100 gas card, yet immediately concede to the next aggressive player….and never return to try to win. Now, I know that is probably a weak argument, and, perhaps that fact, in itself, wouldn’t merit mention or much thought other than a mental notation. But, in defense, most of us on this site are somewhat proficient PA players, and part of what our experience has afforded us is a basic expectation and knowledge of certain bidding behaviors. And, let’s face it…if someone is willing to aggressively bid up to the sales price of an auction, without a bin option, we might expect them to put a few extra bids and will towards recouping their hard earned cash? So, with that stated, I back up to the first auction of the day, a $50 gas card , that sold for .49. Tbe strange thing about that auction was that
    I repeatedly tried to bid on that auction at the 3sec mark when it hit .49, but it wouldn’t let me. The auction ended with the prebidder being the winner. Once again, it was perplexing, but one could make the information/bandwidth/wifi argument for the time delay? True, I had experienced no such delay on the bids I had made up to that point nor at any point afterward. And, being in the location I was in, I had such state of the art equipment combined with a monumental amount of bandwidth at my disposal that I usually dont have too much of an issue. Once again, I can’t state with any certainty any damning conclusions, and once again, that in itself was not enough to make me question the site….but, I mention it now as just in context to my overall experience. Today, I was thinking about my experience, and I wondered the majority of the traffic was coming from? I figured it had to be local, as I remember reading the car winner came locally..and thus, one could make the conclusion that they advertised locally. Well, to my surprise, if I am reading the information correctly, the majority of traffic showed to be coming from New York City?! Really? New York City??? As a Southerner, who, like most other Southerners, were driving by the age of 14, we couldn’t imagine a worse fate than not having a car or gas for our cars….But, being that that is the case, most of us are in complete awe of our New York City counterparts who, having the benefit of adequate public transportation, combined with outrageous parking fees for cars that are nothing more than a hassle, find themselves never needing nor missing a car….so, please correct me if I read that bit of info wrong…but although New York City would definitely have the population to support the traffic, I would suspect that they might have a distinct lack of interest in fighting it out for the coveted gas cards…or the horror of horrors: that they might actually have to get saddled with the winning car. Just a thought……..

    Reply
    • Sandy Daenzer July 8, 2011, 6:34 pm

      FASTpennycars.com is continually improving our website design to improve the user experience and minimize latency during auctions and the bidding process. During our first auction and others that took place thereafter, our Web design company based in New York City was monitoring and continues to monitor the site to ensure it is performing optimally.

      We have spent a considerable amount of time and money developing a highly functional site that offers a fair bidding experience. The people in our organization are honest, have integrity and are focused on delivering the most transparent auctions. Although our first auction was won at a considerably low price ($5.28) to a person who is local to our area, it is important to note that it was completely legitimate. Since then, we have hosted several auctions of gas and gift cards and have delivered the merchandise to all winners and addressed any issues with those that contacted us. In a few of those cases, as you know, we credited bids to participants who may have experienced issues.

      We are very excited about our next car auction featuring a 2012 Ford Mustang GT on July 16th. We can assure all users that no one has any advantage in our auctions. All users have a legitimate shot at this next car and we are adding more cars soon.

      Reply
      • rob August 29, 2011, 8:40 pm

        You guys haven’t credited me anything from the other night. I don’t really want bids though. I’ll never use that site again. Why wouldn’t you send out the gas cards and other things you auction?? You never lose money on them, usually make a huge profit.

        Reply
      • Boss August 30, 2011, 3:30 am

        Suck a dick panties i mean pennies!

        Reply
    • sandra T November 27, 2011, 7:03 pm

      You Mentioned above that you repeatedly tried to bid on that auction at the 3sec mark when it hit .49, but it wouldn’t let you . The auction ended with the prebidder being the winner.This Happens alot at a site Ive been to called Zbiddy as Im really wondering about this site & I dont care for the car auction on Fast Penny I was going to try & bid on these till they put up these New car bids I did win a 100.00 gas car but havent been back since as I went cause I heard about the cars & I did get a strange email from someone claimimg to have Helped them set up the car auction a slightly different way But I dont think Ill be back there

      Reply
  • Peter Crisafi July 8, 2011, 10:01 am

    Fastpennycars.com website development team is based out of NYC and is the reason you may see NYC traffic. I should also say that the site and the site owners have the highest level of integrity.
    The website is a custom built penny auction application that was not created with any 3rd party or out of the box software. The software was tailored to FASTpennycars.com highest and ethical standards and 100% programmed right here in the USA not one line of code was programmed outside of our New York facilities. I can personally assure every skeptical person out there the site uses no bid bots and all bidders are 100% legit registered users. There is no tricks or games that are being played by the company. Here at dzine it no employee or family member is even allowed to bid on any auction.

    Also I would like to mention that NYC (Manhattan) alone has an estimated population of 8,391,881 residents and most likely 40% of those residents own or drive vehicles. And until those amazing electric vehicles come out we still use gas to fuel our vehicles.

    So to all you skeptical people out there try it and you may just be the next lucky winner.

    Reply
  • cato July 13, 2011, 2:28 pm

    Can i bid from Iraq

    Reply
  • Brock Kelley July 21, 2011, 9:17 pm

    I am new to the PA scene and maybe its me but I’ve been watching a few auctions for gas cards and I know there are some weird people out there but, I do find it weird that someone with the name MEAN_BIDNESS won an auction. I mean thats about as corny as you can get. Also it says the auction for the mustang was the 23rd not the 16th and you have on your site we can go to your dealers websites to see cars and when I tried the dealer had no new mustangs in stock and I don’t even think Ford has released their 2012 line-up yet.

    Reply
  • DNA July 22, 2011, 9:09 pm

    this website is fake , when you have people from the company bidding on the car, people winning from the town as the bidding company headquarters and when companies vice president leave fake comment and mentions that his friend won the car, well this is a slap in the face of other bidder. You would have to be a monkey to bid on this site. These people are very crooked people and they talk about gain trust again you have to be a monkey to bid on this site

    Reply
    • BillyBob August 24, 2011, 3:18 pm

      It’s not a fake website, it’s a scam! Watch some of the bidding. I can just imagine the owners of this company sitting around bidding things up (at no cost to them of course) then not having to even award a prize when they are the winner. Are you satisfied with simply taking their word that they’re honest – I hope not. This will be the next scam story on 60 Minutes or 20/20 in no time. Can’t believe I wasted $40 on them. Oh well, live and learn. And “LEARN” I have.

      Reply
  • BillyBob August 24, 2011, 3:11 pm

    This site is a scam! What is to keep them (or their employees, family, or friends) from bidding the items up so they make more money? They issue a whole bunch of “free bids” to their employees, friends, and family. They then bid, for free, to get the bidding up. Sure a few items go to honest people who actually purchased bids, but most of the items go to their friends, family, and employees. Are you just going to take their word that they’re honest? I’ve watched some of their auctions where two or three people spend more bidding than the item is even worth. I’ll reluctantly spend my 40 bids on this site, but after seeing what I’ve seen – it’s the last $40 of my money this site/scam is going to see. Also, keep in mind that when “someone” wins a car for let’s say $900 this website company took in $45,000 in bid money. Sure they’ll let a couple average joe’s walk away with one here and there for less to get free advertising for their site, but come on. THIS IS A SCAM and they are getting rich from it.

    Reply
    • Amanda August 24, 2011, 4:56 pm

      Hi Billybob, I am wondering… Do you know what you say to be true, or are you speculating? Thanks

      Reply
  • Paul Walker August 28, 2011, 1:51 am

    Well I just got ripped by this so called penny auction. I was on their site (8/27/2011) all afternoon bidding on a new Dodge Car (it was supposed to be 2 pennies but it was 3 – which equal $1.00 a bid each penny) and I got bumped off and could not bid. So when I did get back on (about 5 minutes) the auction was over? Beware I thought it sounded too good and I found out the Hard Way – It was! I’ve asked for a refund because they claimed that they had server difficulties and agreed to my refund. Time will tell if they Honest or Not. Minnesota

    Reply
    • Amanda August 28, 2011, 8:16 am

      Hi Paul,
      I’m sorry to hear that.. I saw on their facebook page that they said they had server issues. I tried to contact the last winner in MN and he didn’t reply to my interview inquiry…

      Reply
    • JEL August 29, 2011, 1:06 am

      Regarding Fast Penny Cars.com

      It appears they are definitely a scam. I was bidding yesterday too 8/27/2011 on the Dodge/Jeep Winners Choice Auction when they stopped the auction around noon suddenly it locked up for 30-40 minutes. You couldn’t use the Cruise Control or buy bid packages. Eventually I was able to open the chat window and asked: What’s going on? The response I got was: We’ve been hacked! We had to stop and restart the auction. To me that’s total fraud! Once the bidding started again…I didn’t recognize any bidders names that had been bidding before the site went down. All the names appeared to be totally new ones.
      I sent feedback and they said their server went down. How can you stop and then restart an auction and say that they bidding has not been affected? It changed the whole outcome of the auction. They are clearly taking me and everyone else to the cleaners. I think some serious legal action needs to be started against them. The gas cards are a cover up making everything appear to be legitimate while they make a haul on the car auctions. I’m cautiously waiting for a refund and will pursue legal action if it doesn’t come through.

      Reply
      • rob August 29, 2011, 8:36 pm

        Something to think about the gas cards… Yeah, it’s great winning a $100 gas card for $2.74, but when you think about it, they sold a gas card for $274 from all of the bids, making $174 profit. Of COURSE they’re going to send you the gas card. I haven’t seen them lose money on them yet. Same with selling the bid packs at the same time they’re auctioning off the car. They make a killing off of that. If it comes down to losing money though I guarantee other bids will seem to just “pop up”.

        Reply
  • rob August 28, 2011, 7:32 pm

    Last night I was the last bid at an auction when the timer ran out at $564 or so. They then shut the site down for “repairs” and reset the clock to 10 minutes. They definitely ripped me off!

    Reply
  • Gil September 8, 2011, 10:10 am

    I am the 2nd place bidder for the Aug 27th Dodge/Jeep Winner’s Choice and my bidding experience and email sent on 08/29/11 to FastPennyCars below.

    Hello FastPennyCars,
    I have been uneased all day yesterday and this morning about the bidding ending because I would always see near the end of the auction 4-6 seconds on the reset clock. Always read at least one of the two on my computer screen the GOING ONCE and the GOING TWICE signal. But just before it ended the screen read 5 seconds, then 3 seconds and it never showed the GOING ONCE nor GOING TWICE signals. From 3 seconds it immediately read on the screen that the auction had ended. My wife and I looked at each other thinking what the heck just happened? It could not have ended abruptly. I still had over 500 bids to kill and was ready to continue to click away. I know the auction ended unfairly, not giving the time to enter another bid with the GOING signals! I began to click away around 1:40 a.m. and was prepared to go even further if the auction would have continued to go. I am very upset with this experience and I wasn’t on here to get 2nd place!

    Reply
  • Gil September 8, 2011, 10:13 am

    I forgot to mention that their response was this.
    Hello Gilbert,
    We apologize once again for the inconvenience.
    We have forwarded your email to our managment team for review.

    Sincerely,

    Your FASTpennycars.com Tea

    I have yet to hear from them…

    Reply
  • WhiteKnight November 2, 2011, 1:25 pm

    Well here’s my warning, stay far far away from these guys and their “creators”. They were made by dzineit.net which is a HIGHLY SUSPECT SITE. Every number on their site says “Mail Box Full” (big red flag) with the exception of the main 800 number and the New York number of which both simply forward to one place. It’s 1 scottish guy who works the phones and fronts as if they are a big operation. Within a short phone call it started great as he was saying how easy it is to do the operating of it but then he switched up and began saying how hard it is to launch one and I immediately called him on his fraud prompting him to abruptly hang up on me. He used high level pressure tactics and had the nerve to claim that he won’t even work with me for anything under $50,000! Lol, as soon as he said that I knew it was a scam and he got extremely upset and knew I wasn’t buying it. You could build a real life store for that amount the guy is a straight up crook do not trust him! I called back to let him know I would be reporting him and he hung up again as I could tell I shook him up a bit. Do NOT deal with them or any of the sites they promote which are highly likely to be their own spin off operations. How moral can a person be that you think runs a successful business if he is hanging up on potential clients? They are professional scammers working out of New York and they do NOT have other offices in the U.S. They only entertain those who will open their wallet to them.Trust me these fly by night guys will saying anything to empty your pockets up front just like when real estate was big and “mentors” and seminars started appearing left and right. Just make sure if you do anything with these people you use a credit card to protect yourself and don’t be afraid to see a situation for what it really is, go with your gut. Again you can call him yourself independently and see for yourself. It will not feel right at all. Call 1.800.658.1057 and get more info on the bastard. Thank you Amanda for doing your part cleaning up this crook riddled industry. Just hold out people, it’s only a matter of time before they have to close up shop and find a new scam.

    Reply
  • penny auction for cars May 8, 2014, 10:07 pm

    will afflict for those gas programs this week plus expect for the then 2011 Mustang barter possibly I can triumph a automobile this era!

    Reply

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