GoBid is a new kind of auction site that sells brand new consumer electronics and household items for a fraction of their cost.  Imagine iPods for $5, Laptops for $8 and HDTVs for $20.  Here's how it works: it is not free to bid.  Each bid costs $1 to place.  The auction price goes up by 1 penny with each bid.  It might cost you a few dollars in bids to get that iPod but the deal is unbeatable!  1,000 is enough to get just about anything you want.