The second half of February 2009 is the car-seekers time on bidorbuy. A 2005 Citi Golf will be auctioned off on Thursday 19.Â And the following week, on Thursday 26, a 2001 Jaguar goes under the hammer.
Both cars will be auctioned in the R1, no-reserve format. The highest bidder will walk away with the merchandise, no matter what the amount may be. This kind of auction is doubtlessly a boon for the buyers. They get to set the rules of the game. They get to set the price by deciding how much they are prepared to pay for the item on auction. Plus, there is the thrill of the bidding and outbidding the competition.
And what is the attraction for the sellers? Well, the R1 no-reserve auctions traditionally attract a lot of interest among more than 330,000 members of the bidorbuy community. The result is – the final price that approaches the sellerâ€™s ideal price.
Therefore, if you are in the market for a car, hold off till Thursday this week or Thursday next week and get one of these two beauties, shown here back to back: