Zeekler Sells Ford Mustang, Takes in over $400K value in Bids?

Just a few days ago we told you about penny auction site Zeekler.com offering a brand new Ford Mustang convertible. The car has now sold with a final end price of $4,077.07, the winning bidder placed 105 bids. Zeekler does not state the details of delivery or any added taxes/fees, but the winner will have to pay the end price of $4,077.07 to purchase the Mustang. If the Mustang began at $0 – anyone catch the beginning price? It looks like they would have taken in 407,707 bids, at $1 for VIP bids= $407,707.

It does look like they give out free VIP bids though, so we’re not sure how much of the bids placed on the car penny auction were paid for or free.

According to Zeekler.com they gained 145,860 views on the auction page. zeekler mustang

Did you bid on Zeekler’s car penny auction? Discuss this in our forum.

 

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10 comments… add one
  • yellow0102 February 10, 2012, 9:37 pm

    They did not make that much money. Do you know how many free bids they give out?

    They gave me 500 the other day.

    Reply
    • Amanda Lee February 11, 2012, 10:36 am

      Yes, I know they give out free bids but this was VIP bids only. Do they give out VIP bids free? Will check on that.

      Reply
      • Money Penny February 22, 2012, 12:06 pm

        They’ve been running 2-for-1 VIP promotions for a couple of months, so yes, the total value is diluted, but they still had to have made a profit.

        Reply
  • Jamie February 15, 2012, 12:50 am

    Yup, they do indeed give VIP points for dirt cheap (in free bid auctions)

    Reply
    • Amanda Lee February 16, 2012, 4:55 pm

      Thanks for letting me know that! I saw this just recently on Youtube too. 🙂

      Reply
    • Gary February 28, 2012, 5:16 pm

      Zeekler gives free bids to anyone that registers on the Penny Auction web site. This can vary from 2-bids to 500-bids. Those “free bids” can only be used in the “free bid” auctions. During the period of time prior to the Ford Mustang being auctioned they were offering “VIP BIDS” at buy one & get one free, called the BOGO BID OFFER. The Mustang auction was a VIP BID auction only. Zeekler has three different types of auctions on their web site, one is “free bid auction”, the second is “retail paid” @ .65 cents each & the third is the “VIP Bids” @ $1.00 each.
      The Mustang auction was a Premium ViP auction, meaning that the first bid an individual placed deducted 5 VIP bids, then normal auction rules applied.

      Reply
  • Smith February 26, 2012, 10:22 pm

    You could not use any free bids for the car that was auctioned off. This was profit for them. All bids on the car were paid for bids. They only have certain auctions that the free bids can be used on- typically lower dollar items. This is a great penny auction.

    Reply
  • Diane Costello March 1, 2012, 5:30 pm

    I’m with Zeekler. You can google me and find I’m just a regular gal earning daily cash from the auctions. If you’re interested, please stop by my auction and I’ll give you 250 free bids (worth $150.00) I’m paid to advertise so giving away bids is how I advertise. http://www.ibourl.com/kir
    We also have an affiliate program for those looking to earn daily and it’s very lucrative!!!!
    http://www.ibourl.com/jm0
    I’d love to help you out either with free bids or the business opportunity! It rocks!

    Reply
  • Andy July 28, 2012, 8:37 pm

    I joined zeekrewards a month ago, i should admit zeekrewards is the one and the only awesome online business. You could earn sharing profit up to 2% daily just spend 5 minutes a day to post an adv a day and register it in zeekrewards back office. There’s no such a simple and easy thing like this before!!
    Zeekrewards paying and always pay everyday, looking forward to see my account grow to 20 thousands dollar next year 🙂

    Don’t trust me, just join and prove it by yourself:
    http://tinyurl.com/zrmag

    Reply
    • Vern August 18, 2012, 10:35 am

      I joined THE VERY DAY they were closed down, my money was taken… Interested in knowing how you feel about it now..

      Reply

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