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Camaro for $5???

http://www.cnn.com/video/#/video/us/...wnem?hpt=hp_c2

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Old 07-12-2011, 08:16 PM   #1 (permalink)
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Default Camaro for $5???

http://www.cnn.com/video/#/video/us/...wnem?hpt=hp_c2
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Old 07-13-2011, 09:07 AM   #2 (permalink)
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That is reduculous
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Old 07-13-2011, 09:12 AM   #3 (permalink)
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That's crazy! Lucky bastard....
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Old 07-13-2011, 09:20 AM   #4 (permalink)
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Wow!
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Old 07-13-2011, 09:22 AM   #5 (permalink)
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And it was a Camaro SS too!

I wonder if the person who put it up for sale got fired? That's a huge loss on their part.
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Old 07-13-2011, 12:09 PM   #6 (permalink)
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That is so stupid lucky.
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Old 07-13-2011, 12:20 PM   #7 (permalink)
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The news failed to say how many/price of the bids he purchased. He could have purchased thousands of dollars in bids.
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Old 07-13-2011, 04:36 PM   #8 (permalink)
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Quote:
Originally Posted by ZeeingAround View Post
The news failed to say how many/price of the bids he purchased. He could have purchased thousands of dollars in bids.
Good point there
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Old 07-14-2011, 11:13 AM   #9 (permalink)
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Quote:
Originally Posted by b1adesofcha0s View Post
Good point there
$5 is equivalent to about 500 bids and that goes for about $500 maybe a bit less.
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Old 07-14-2011, 01:28 PM   #10 (permalink)
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^ it also fails to show how much $ he has spent on other attemps on winning stuff to date. It's like gambling. I can walk in and spend $5 and win $5,000 but if I spend a few decades gambling all my extra money away, how much am I really ahead?
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Old 07-14-2011, 01:52 PM   #11 (permalink)
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^ it also fails to show how much $ he has spent on other attemps on winning stuff to date. It's like gambling. I can walk in and spend $5 and win $5,000 but if I spend a few decades gambling all my extra money away, how much am I really ahead?
True. I assume he didn't spend too much because penny auctions have only been around for less than a year.
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Old 07-14-2011, 01:55 PM   #12 (permalink)
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^ it also fails to show how much $ he has spent on other attemps on winning stuff to date. It's like gambling. I can walk in and spend $5 and win $5,000 but if I spend a few decades gambling all my extra money away, how much am I really ahead?
The video said it was his first attempt at bidding for a car.
I agree he got very lucky, but I will not be using any of these sites.
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Old 07-14-2011, 02:04 PM   #13 (permalink)
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I'm going to watch the car sites. I make enough money to get whatever electronics I want. Cars on the other hand..... not so much.
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Old 07-14-2011, 02:10 PM   #14 (permalink)
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Quote:
Originally Posted by tjlazer View Post
^ it also fails to show how much $ he has spent on other attemps on winning stuff to date. It's like gambling. I can walk in and spend $5 and win $5,000 but if I spend a few decades gambling all my extra money away, how much am I really ahead?
I think they said it was his first time doing it
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