QuiBids.com is the largest penny auction website currently operating in the United States. Penny auctions have been around for awhile, but have only recently gotten lots of attention from people outside of the penny auction community.
Penny auction websites attract people to them by promising expensive, big ticket items at unbelievably low prices – for example, QuiBids shows a new iPad, which retails at $499 for the most basic model, selling for $22.54. But this winning bid of $22.54 is misleading. This isn’t the truth of how much it costs to win that iPad.
The way penny auctions work is that you are only able to bid a single penny at any time during the auction. However, at QuiBids.com, you must purchase each 1 cent bid for 60 cents. So an iPad that retails for $499 but was won for the grand total of 2,254 one cent bids (or $22.54) which actually cost 60 cents each means that the iPad just sold for $1352.40.
Though the person who wins the item usually has paid less than retail for what they have received, citing $22.54 as the winning bid is extremely misleading.
So is QuiBids a Scam?
All penny auctions, regardless of reputation, are a bad idea and should be avoided.
First of all, QuiBids.com and other penny auction sites require people to pay for the option to bid, but don’t allow them to bid in increments of their choosing. This means that QuiBids is forcing the price up and profiting all the while.
On eBay, the seller and buyer have the auction monitored by the website, which is the trusted third party. On QuiBids.com, there is no trusted third party. QuiBids is the seller and the auctioneer. It works in their favor – and their favor only – to drive the price up in these small 1 or 2 cent increments.
QuiBids attempts to redeem themselves by offering you the “By It Now” option, which is when you can take the total amount of your failed bids and apply that toward the retail price of the item you were bidding on. Say you bid $80 total on an iPod Nano that cost $150. For the remaining $70, Quibids will sell you a Nano. Well, $70 plus tax, fees, and shipping and handling.
With the added “fees,” tax, and S&H, that Nano will cost you more than it would at Apple, and usually much more than it would at a discounted retailer like Amazon.com or Target. In addition, QuiBids is not an approved retailer of Apple – or any major brand name – products.
This means that if you get the item from them, the manufacturer warranty is void – if it breaks within the first 60 days, you will not be able to get it repaired or exchanged. If you have a problem within the first 30 days, QuiBids will refund the final auction price you paid, but not a single dime of the bids it took to win the auction.
It’s much better to stick to legitimate auction sites like eBay, instead of spending lots of frustrating time and effort on penny auction websites like QuiBids.com.
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Be very careful on what and whom you accuse, unless you have absolute proof!!! I can assure you that xxImBackxx is not an insider, bot, or even a reseller. He is just like a normal real bidder like you. If you are still in doubt you can check his profile on AP site and see how many platforms he's been registered to aside from Qui. Finally... bidding, shopping and spending is his favorite past time activity before, during and after his office work.
Bidders are xxImBackxx and marcusboy that keep bidding pushing it up and up so the company makes money
I am sure there are more as I used to bid on this site but you soon learn it just a jack up of bids
I don't know if this still happens but my experience was very appalling. I signed up into this hahaha "free to sign up" QuiBids, load of shit by the way. After you give your credit card details it then passes you to the next page and guess what happened I was already charged $60. You're not even warned because you, well I was instantly charged without warning.
People need to answer for these scams and the punishments need to be ALOT more severe.
Also Mr "Quibid User", its your word against thousands if not millions.. Do us a favor and find a rope you lowlife scamming scum. Honestly who enjoys a website then decides to search for it's reviews weeks/months after idiot....
Quibids customer service says, they don't track gift cards so, they can't verify I didn't get them so they aren't responsible
It sounds to good to be true because it is. Can't prove it's a scam or that it's rigged to the t, but shady bids is what they should call the site * also beware my computer needed a tune up and a system restore to get all the crap off from that site.
thank you everyone.
commuter gives an error message that the bid couldn't be submitted and it happened thrice and all three times that computer won the bid in the next second. I told the customer support but they said that they are not responsible for the error messages . what the hell...
stay away and buy elsewhere
but ill go ahead and describe my experiences encase it could be helpful. i signed up for Qubids just to give it a try. then a day later i see a significant amount of money taken out of my account from Qubids. Yup Qubids did what everyone is always worried of when signing up for stuff is when a company puts important information in small print stating that that amount of money would taken out. I look all around the website before i sign up to see if it stated anything about money being taken out. no where on the website it clearly states.
then i did the online chat they said they are going to be able refund my money then when i expressing my complaint to them how its just bad business to screw people over, they actually stopped the conversation then deactivated my account for just complaining to them. I hope NO ONE buys from the company because its just common sense, dont try to screw people over, ebay before i use my money i have like 3 windows pop up clearly stating im about to spend my money. Qubids = BAD COMPANY is all you need to know
and they will try to hang on till the end well the end is coming for your company not thru my hands most are disgusted with your practices they have every right to think (make the people that actually sign up to your site feel bad) google it im just reading. what they think,do what you do if you want to cheat or do other nasty measures try it, but i have never seen a company work that uses those practices.i wish yuo good luck and wish you were better at handling people that disagree with you with a internet of a many complaints about the same issues that you dont seem to to solve,
Once you get on the site, bid and win, it is easy to get hooked. Ultimately, it seems like its fraudulent.