Man buys brand new Camaro SS for $5 - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Nightfall · 07-12-2011, 09:20 PM

compare it to wining the lottery and it all makes prefect sence right guy right place right time out of 6.9 billion people in this world (or what ever it is) and i agree its prob a stunt to get more ppl to bid lose 30 grand to one car gain 50 grand at people trying to "recapture" the magic and be that guy

lawman007 · 07-12-2011, 09:23 PM

There are Gov't auctions of confiscated property. I think you won't get a deal like that. The Gov't auctions you'll get like 1/4-1/8 its value more than likely.

armysig · 07-12-2011, 11:38 PM

Dang talk about luck!

$5.00 Camaro

Ls1Lover · 07-13-2011, 05:38 AM

Jon from Michigan won a brand new 2011 Camaro SS for $5.28 plus $40.00 in bid costs. The car has the full GM factory warranty and all the vehicle taxes were paid by FASTpennycars.com

Found this on there website.

10forty2 · 07-13-2011, 06:01 AM

Quote:

Originally Posted by Skillz512

He still paid $5 for the Car, I think he wouldn't mind paying the taxes.

But, beware these sites are not very easy to win at, don't expect to win a car for $5, he's probably the only guy who's done it and i wouldn't be surprised if he is part of that business just trying to advertise it or they paid him to do so.

Uh...technically speaking, he paid $300 for the car. He won the bid at $5, but he paid $.60/bid for 500 bids. That equals $300. Still a damn good deal, but a little deceptive!

jrisebo · 07-13-2011, 07:03 AM

Its a penny auction site, so if 100 people around the world use 500 bids, thats 50000 bids, and $30,000 for the auction site,etc.
Didnt see how many bids were made on that auction,.

If he spent 300, then someone spent 299 to be second, 298 to be third, etc. The auction site makes money.

cab2g · 07-13-2011, 07:28 AM

those sites are just glorified gambling. It's like playing penny slots at the casino. You keep throwing your money in the machine hoping that it'll spit out the jackpot. I mean, the bid timer doesn't even run out if people keep bidding... So totally luck of the draw...

The guy was lucky though.

10forty2 · 07-13-2011, 07:28 AM

Quote:

Originally Posted by jrisebo

Its a penny auction site, so if 100 people around the world use 500 bids, thats 50000 bids, and $30,000 for the auction site,etc.
Didnt see how many bids were made on that auction,.

If he spent 300, then someone spent 299 to be second, 298 to be third, etc. The auction site makes money.

Exactly! Plus there was probably some incentive to the dealer that provided the car to the site and therefore the site got the car at rock bottom pricing.

toesuf94 · 07-13-2011, 07:44 AM

It's probably a leftover '10 that a dealer discounted heavily to the site...great deal none the less.

Rizzo · 07-13-2011, 08:41 AM

Frankenmuth man buys new Camaro for $5.28

http://www.wnem.com/story/15062471/f...camaro-for-528

Johnnyma45 · 07-13-2011, 08:44 AM

Here's a video:

http://www.cnn.com/video/#/video/us/...ive.bucks.wnem?

At first I didn't understand how no one bid higher than that, but seeing as how it's a penny-bid site, the car got 528 bids. And each of those bids cost .60c, so it adds up. Not to a price of an SS of course, so he wins

sasquash1984 · 07-13-2011, 08:45 AM

:reposthors e:

nyrfan · 07-13-2011, 08:45 AM

Quote:

Originally Posted by sasquash1984

:reposthors e:

LOL!!

JasonK · 07-13-2011, 08:47 AM

What a deal!

07-12-2011, 09:20 PM	#15
Nightfall "To Punish And Enslave" Drives: B E RS GBA #72541 3564 CC 220 CI Join Date: May 2011 Location: massachusetts Posts: 3,889 View My Garage	compare it to wining the lottery and it all makes prefect sence right guy right place right time out of 6.9 billion people in this world (or what ever it is) and i agree its prob a stunt to get more ppl to bid lose 30 grand to one car gain 50 grand at people trying to "recapture" the magic and be that guy __________________ *C.A.M.A.R.O- Constantly Adding Modifications Addiction Relentless Obsession* 90% canadian 10% mexican 100% american muscle :flag2:

07-12-2011, 09:23 PM	#16
lawman007 Panama-Gulf War Vet Drives: '11 SW 1LT/RS 6M Join Date: Apr 2011 Location: From Carmichael, CA to Matthews, NC 01/2021 Posts: 769	There are Gov't auctions of confiscated property. I think you won't get a deal like that. The Gov't auctions you'll get like 1/4-1/8 its value more than likely. __________________

07-12-2011, 11:38 PM	#17
armysig Catch me if you can Drives: 2012 IOM ZL-1 Join Date: Nov 2009 Location: Texas Posts: 2,461 View My Garage	Man wins a Camaro for $5.00...WTF Dang talk about luck! $5.00 Camaro __________________

07-13-2011, 07:03 AM	#20
jrisebo Drives: 2011 Camaro RS "Bumble C" Join Date: Jul 2011 Location: Dayton Posts: 565	Its a penny auction site, so if 100 people around the world use 500 bids, thats 50000 bids, and $30,000 for the auction site,etc. Didnt see how many bids were made on that auction,. If he spent 300, then someone spent 299 to be second, 298 to be third, etc. The auction site makes money. __________________

07-13-2011, 07:28 AM	#21
cab2g love. my. car. Drives: 2011 2SS/RS Join Date: Jul 2009 Location: Chicago Posts: 3,372 View My Garage	those sites are just glorified gambling. It's like playing penny slots at the casino. You keep throwing your money in the machine hoping that it'll spit out the jackpot. I mean, the bid timer doesn't even run out if people keep bidding... So totally luck of the draw... The guy was lucky though. __________________

07-13-2011, 05:38 AM	#18
Ls1Lover Drives: 95 Z28 Camaro Join Date: May 2011 Location: BayArea,Ca Posts: 230	Jon from Michigan won a brand new 2011 Camaro SS for $5.28 plus $40.00 in bid costs. The car has the full GM factory warranty and all the vehicle taxes were paid by FASTpennycars.com Found this on there website.

07-13-2011, 07:44 AM	#23
toesuf94 Drives: THR #11 E-force supercharged Join Date: Jul 2008 Location: Cedar Rapids, IA Posts: 4,746	It's probably a leftover '10 that a dealer discounted heavily to the site...great deal none the less. __________________ Cars and women are both going to give you problems...but you can pay somebody else to fix your car!

07-13-2011, 08:41 AM	#24
Rizzo Drives: 2012 Camaro ZL-1 SIM Join Date: Sep 2008 Location: San Antonio, TX Posts: 454 View My Garage	Lucky new owner Frankenmuth man buys new Camaro for $5.28 http://www.wnem.com/story/15062471/f...camaro-for-528 __________________ =================================================

07-13-2011, 08:44 AM	#25
Johnnyma45 Former Camaro Owner Drives: 2011 Dodge Charger R/T Join Date: May 2010 Location: Carrollton, TX Posts: 604 View My Garage	Here's a video: http://www.cnn.com/video/#/video/us/...ive.bucks.wnem? At first I didn't understand how no one bid higher than that, but seeing as how it's a penny-bid site, the car got 528 bids. And each of those bids cost .60c, so it adds up. Not to a price of an SS of course, so he wins __________________ 6/9/10-3/30/11. RIP ROXY... :(

07-13-2011, 08:45 AM	#26
sasquash1984 502 RWHP N/A Drives: The yeti Join Date: May 2009 Location: Saginaw/ Ft Worth TX Posts: 3,085 View My Garage	:reposthors e: __________________ factory motor factory trans, Gpi ss4 cam stock heads ported and milled, full exhaust, circle d 5c 4000 triple disk, 3:91 rear end with posi mod, cai, bmr derlin rear diff bushins, bmr derlin cradle bushins, bmr trailing arms, toe rods with bushings, and bmr anti extreme sway bar. Weld rt-s 17x5 fronts and 17X10 rears on mickey thompson et street r's

07-13-2011, 08:47 AM	#28
JasonK Drives: 2010 Camaro Join Date: Aug 2010 Location: Topeka, Kansas Posts: 713 View My Garage	What a deal! __________________ 2015 Sentra / 2015 Murano / 2012 HD Ultra Classic / 1995 Z71 / 1966 Mustang

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