Johanna investigates "Surplus" auctions, like JumboBids, to find out if this system really works.

Surplus auction websites are a new phenomenon that is quickly spreading through North America and Europe (like you have probably already seen). They are all over the internet in blogs and success stories of people who have apparently bought expensive items at very little cost. Here at The Memphis Gazette we were very skeptical of whether or not these surplus auction sites were real. We decided to put them to the test. What better way to find the truth than to conduct our own study?

I wanted to buy a new HDTV, so I was put in charge of the test.

First, I did a ton of research on the subject to find out which surplus auction site was the most trustworthy and ultimately would be best suited for my test. After hours and hours of research I came to the conclusion that JumboBids was best because of its wide variety of products and great reputation. The way these auction sites supposedly work is that you buy bids to bid against others in auctions. If you win, you get to purchase the item at a reduced price. JumboBids had a new promotion, for a limited time, they are giving out 100 bonus bids on signup. This created an ideal situation for me, giving me the bids necessary to thoroughly test the site. This promotion is to help spread the word about shopping with JumboBids and show people how much they can save with surplus auctions.

Wondering How JumboBids Can Provide Such Deals?

JumboBids gets their items from warehouse closeouts, surplus auctions, and liquidation clearance auctions. This is how they can offer such low prices in comparison to retail outlets.

What Do They Put Up For Auction?

I've seen everything from iPads to phones, computers, laptops, TVs, cameras, stereo equipment and pretty much anything you can think of.

Putting JumboBids to the Test

After going through a simple registration process on JumboBids, I got my bids and began to try and win items listed up for auction. Before registering, I was still a little confused about the whole process - but after registering everything became clear.

I began to bid on the item I was after, a 42" Panasonic LCD TV. Surprisingly, I won after a very short period of bidding. It cost me only $67.50 total for a $899 HDTV!

To make sure this wasn't a fluke, I decided to try again to see if I could win another item - again, to my surprise I won yet again - this time the savings were bigger! I ended up spending $163 for a $1,199 MacBook Pro. Very impressive, and I don't think stores can match such deals!

Shipping - after I won the products and paid for them - I received the items in only a few days. Within a short period I had my items in hand. Simply amazing.

bellman22 Won a $735 37" LG LCD TV On JumboBids for $41.37!

Hot Deals and Shopping Trends writer Johanna of The Memphis Gazette team recently put JumboBids to the test and the results were very surprising.

She saved $2,112 Off Retail

JumboBids beat all of our initial skepticism. People now can really get 95% off retail, which is quite amazing to say the least.

Step 1:

Click this link to go to JumboBids and sign up to get your bids using the promo below. JumboBids has agreed to keep the promo active a little longer for our readers. Get it while you can!

Use promo "ctips100 " to get 100 bonus bids on signup!

Step 2:

Search the auctions until you find an item that appeals to you.

Step 3:

Start placing your bids.

Step 4:

When you win the auction, you'll be taken to the checkout where you can buy your item at a deep discount!

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