Good: Home Depot Auction

Every day starting at 10:00am EST, you will find a new product on the Home Depot auction block. Everything from furniture to electronics, building supplies to gardening accessories, tools to window coverings, and more. Why pay full price when you can bid the highest amount you're willing to pay for it!?


Here's how it works:
Starting at 10:00am EST, a new item will be posted on the auction block - shown is the time remaining in the auction, the lowest winning bid, the number of bids and the auction quantity. In most (if not all) cases there will be multiple quantities of the item available, so you will be bidding on one of those items. When you place a bid, you are committing to that amount, however if the lowest winning bid is lower than the amount you bid, you will only pay that amount.


Here's an example of bidding on an item with 4 available:
Bid 1: $125
Bid 2: $126
Bid 3: $160 (your bid)
Bid 4: $165

Even though you bid $160, if the auction ends like this, you (along with all other winning bidders) will only pay $125, plus taxes and shipping (which is actually quite reasonable).

In most cases the items seem to go for about 50% (or less) of the regular price, and I have already won 2 auctions (a $25 chip/dip set for $4, and a $500 patio set for $244).

Home Depot.ca: https://www.homedepot.ca/auction/