“Lagaoboliindia.com”
This they plan to achieve by launching their first ever auction based on the lowest unique bid mechanism which people can see at their website.
The New Karizma R 2009 is available at an ex-showroom price of Rs 83,000/- approximately in all major cities of India.
We spoke more with the IT Manager of Lagaoboliindia.com Mr. D.N. Lambe to explain further.
He informed us that they had earlier launched the same auction but there were fees involved to participate in the auction, and people were hesitant to pay the registration fees, so they just got rid of the whole registration fees process so that the auction would be free to everyone to participate.
He also said us that this was based on the reverse auction mechanism in which the winning bid is chosen on the bid being lowest and at the same time unique.
He also informed us that the users would have to strictly abide by the rules and terms of the website.
We hope this new auction catches on with the masses and more people start to play to win the brand new Karizma.
For more information visit the site at http://www. LagaoBoliIndia.com
