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The entire "auction" idea was neat when it first came out, but when I want to buy something I want to buy something already. But I do take part in auctions on a regular basis. If I see something of interest and the bidding is low enough, I'll put in a bid.
I just bought a bike off of Ebay a few weeks ago - great deal. It was used, had a single scratch on it, but otherwise like brand new and 1/3 of the price of a new bike.
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