Category: Strategies and Tips

DealDash.com still has three new vehicles up for auction.

When I checked this morning, the 2018 Chevrolet Cruze Sedan LS – Automatic was down to 7 active bidders, the 2018 Toyota RAV4 LE FWD – Automatic was down to 6 active bidders and the 2018 Nissan Frontier King Cab S 4-Cyl – 5-Speed Automatic was down to 7 active bidders.

Last night, however, the Toyota and the Nissan truck were both down to only four active bidders and it looked like they both might close early. Now it looks like these auctions might be going for a long time yet.

One thing for sure is that when bidding on vehicles that are valued at $19,000–$28,000–and $25,000 just having a lot of bids to invest might not be enough. Knowing when and how to use our bids might be a lot more important.

First, we know it’s going to take a large number of bids to win one of these vehicles. If we have 20,000 bids and put 10,000 bids on the Toyota and 10,000 bids on the Nissan truck, would we have a better chance to win or would we have a better chance of winning if we put all 20,000 bids on only one of them? It’s something to think about.

Because the Chevrolet will be 50 percent off to the winner, I anticipated that auction would run longer. Even if it sells at $12,000.00 the winner would only have to pay $6,000.00. Still, many bidders will soon drop out because they might not have enough money to cover the selling cost.

Winners will have to pay the full selling (closing) price of the other two vehicles. Therefore, I anticipate those two vehicles will sell for a lesser amount. One strategy would be to wait until the auction gets down to the last two or three bidders and then add 500 to 1,000 bids at a time.

We must keep in mind that the more we have to win, the more we have to lose, too. Some shoppers are not willing to risk too much, especially if they cannot afford to purchase the vehicles if they lose. Whatever we decide to do, these vehicle auctions are not going to be an easy win, but how thrilling to those who do!

Blog posts are written by real DealDash customers. The opinions and advice here represent our customers’ views and not those of the company. This sponsored blog post was submitted by: Barbara L. Sellers. Barbara was compensated by DealDash for this blog post. 

When shopping on DealDash.com I need to know who you are and you need to know who I am, too. What do I mean?

Recognizing screen names of other competitors is very important. Knowing the auctions we do not want to play are just as important as knowing the auctions we do want to play. This becomes even more important if we are on a tight budget and do not have many bids to win auctions.

Benjamin Franklin once wrote, “A penny saved is a penny earned.”  That is good to remember when shopping on DealDash. Instead, we could say, “A bid saved, is a bid earned.” It’s one more bid we can use to win an auction, and sometimes that is all it takes to win — just one bid or one bid more.

Make a List

I made a list of screen names I try to avoid bidding with in the same auctions. My list is based on the following criteria:

• Does this same screen name show up several times every week on the “Winners’ List?”
• Does this screen name win several high-dollar auctions?
• Does this screen name drive up the selling cost of auctions by using a ridiculously high number of bids to win and/or over-bids the value of auction products on a regular basis?
• Does this screen name often win large bid packs?
• Did this screen name start shopping on DealDash several years ago, or is he/she a Newbie who does not yet know how to play smart?
• Does this screen name include two people who might be combining incomes to buy more bids?

These are some of questions I ask myself when I update my list of competitor’s to avoid.

Blog posts are written by real DealDash customers. The opinions and advice here represent our customers’ views and not those of the company. This sponsored blog post was submitted by: Barbara L. Sellers. Barbara was compensated by DealDash for this blog post. 

The shopping choices we make while playing on DealDash.com usually determine whether we win or lose. Of course, some other factors will make a difference, too, but for the most part, the better choices we make the more auctions we win.

When it comes to winning high-dollar auctions, such as one of the three vehicles DealDash now has up for auction, the competition will definitely be tough.  Therefore, we will have to play smart and put our best shopping choices to work.

Plan Ahead, Save up Bids

More than likely, anyone who decides to seriously compete to win one of the three vehicles has already planned ahead and saved up bids. There are several ways DealDash customers could do this: purchase bid packs, exchange products won on DealDash for bids instead, win bid packs, and by earning free bids. My guess is that anyone who is seriously trying to win a vehicle most likely had several thousand bids already saved up before the auctions even started.

Choose One Vehicle

Experienced shoppers will most likely choose which vehicle he or she wants to win and then focus on using all of their bids on just that one. DealDashers who bid on all three vehicles will most likely run out of their bids rather quickly.

Use Bids Wisely, Sparingly

Experienced shoppers will most likely place some bids at the beginning of the auction and then save the rest of their bids after most of their competitors drop out. Since the bidding is open for all new shoppers to join the auction at any time (or for the truck, up to $1,000.00), we would not have to place bids early. However, placing some bids early is like having an insurance policy just in case it closes early.

Most experienced bidders will monitor the bidding closely and wait until the bidding gets down to the last five or six serious competitors. Others might add a certain number of bids every hour or every day, with the hope they will be there when the auction closes. Still others might wait until the bidding gets up to a certain dollar amount.

Whatever you choose, win or lose, I hope you have fun.

Blog posts are written by real DealDash customers. The opinions and advice here represent our customers’ views and not those of the company. This sponsored blog post was submitted by: Barbara L. Sellers. Barbara was compensated by DealDash for this blog post.

I like the bio section on DealDash.com because it tells me a lot about other players; and if we analyze this information, it could help us win more auctions. The bio section includes:

1. The screen names of the players
2. The date the player joined DealDash
3. The players state of residence.
4. A short statement about the player

First: Some screen names are intended to be intimidating. I learned, however, that just because another player’s screen name might indicate that he or she never stops, never quits or bids to the end does not mean that they actually do what their screen name says. The only way to really know how other players play is by watching them.

Second: The date that players first started shopping on DealDash tells us something about the player’s level of experience. It is usually easier to outbid a Newbie than it is to win over a player who has been shopping on DealDash for several years.

Third: The player’s state of residence could say a lot about the player. I have identified two states where the residents are often extra difficult to beat. If I am participating in an auction that gets down to the last three active players and any of them are from those two states, I drop out.

Fourth: What players say about themselves tells us a lot, too. From my experience, I’ve learned that the most difficult players to beat are:

• Military veterans, especially those from a First Special Forces unit, have been trained to never give up and, therefore, are more likely to stick it out to the end on DealDash, too.
• Couples who share the same screen name might put their incomes together to purchase larger bid packs because it is very difficult to outbid them, too.
• Wealthy players, like doctors, lawyers and engineers, are more likely to purchase large bid packs and are often more difficult to beat.

Knowing who not to compete with in auctions can save us a lot of bids and money.

Blog posts are written by real DealDash customers. The opinions and advice here represent our customers’ views and not those of the company. This sponsored blog post was submitted by: Barbara L. Sellers. Barbara was compensated by DealDash for this blog post.