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  1. The home page of auction website MadBid makes a series of stunning claims. One bidder snapped up a Fiat 500 for just £193. Another grabbed “a week in the sun” for a mere £3.28. A third is about to take delivery of a brand-new Mini One for the staggeringly low price of £6.83. But a Guardian Money investigation suggests that successful buyers can actually end up paying twice the price for goods available on conventional retail sites, while the far more numerous unsuccessful bidders face losing £28 or more each. We also found evidence to suggest that the company, ultimately bas
  2. The home page of auction website MadBid makes a series of stunning claims. One bidder snapped up a Fiat 500 for just £193. Another grabbed “a week in the sun” for a mere £3.28. A third is about to take delivery of a brand-new Mini One for the staggeringly low price of £6.83. But a Guardian Money investigation suggests that successful buyers can actually end up paying twice the price for goods available on conventional retail sites, while the far more numerous unsuccessful bidders face losing £28 or more each. We also found evidence to suggest that the company, ultimately bas
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