BuyLowAuctions.com is another auction website to recently have gained popularity on the internet. Buy Low Auctions is a penny auction site, which is a type of online auction site that advertises customers’ ability to win popular, expensive items at incredibly low prices.
The reason their items appear to be won for such low prices, is that on a penny auction website, bids can only be made in values of one cent at a time. The truth is, however, that each one cent bid costs the bidder 53 cents on BuyLowAuctions.com, so the winner prices are often not as low as they seem.
Buy Low Auctions, however, differs from traditional penny