MONTREAL, May 25, 2016 /PRNewswire/ -- Beezid, a penny auction industry leader for more than seven years, has just revealed their latest car auction, a brand new 2016 Jeep Wrangler Sport 4x4. The company is known for offering consumers a cost-effective alternative to retail shopping, allowing members to win typically high-priced merchandise, such as computers and video game consoles, at up to 99% off the item's retail value. In an unprecedented move, a 99 cent price freeze has been placed on the Jeep auction scheduled to go live on Memorial Day weekend, meaning that no matter the amount of bids placed, the person to win the Jeep will pay a closing price of 99 cents or less.
Beezid has hosted two automobile auctions before. Understandably, they have been among the company's most popular events. The last car auction, for a brand new Ford Mustang closed at just $719.66, or 97% off the retail price. For the Jeep Wrangler auction, retail savings will be even greater, given the fixed 99 cent price, plus any bids placed to win the auction.
"Our members have wanted to see another car for a long time, and we are absolutely thrilled to give them one," said Max Bohbot, Beezid's CEO. "It's a pretty great experience to win a laptop for over 90% off the store price, but driving away in a new car for under a dollar? That transcends all other levels of savings and excitement."
Beezid has recently raised the bar even further by announcing their first ever 1 Million Bid Giveaway. The contest offers two ways to enter and win simply by performing specific actions on social media. Once completed, members will be registered into a random draw where two participants will be awarded 500,000 bids respectively, to be spent on Beezid's penny auctions.
For more information about the Jeep auction and to find out how to participate, visit the company's website.
Since its launch in 2009, Beezid has become the leading source for top-quality products at up to 99% off the retail price. Users take advantage of huge discounts on brand new, brand name products by forming bidding strategies in a fun and secure online environment, and turn these discounts into profits by selling their wins in the Beezid Store. With a combination of penny auctions, gamification and a marketplace, Beezid has become the leading destination for entertainment shopping. There has never been a better time to join!
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