The deepening recession is forcing cost-conscious Brits to trawl the internet for bizarre ways to get a bargain buy.

With regular members competing to buy anything from a luxury pamper day to a Dyson vacuum cleaner, penny auction sites are the latest hotspot for bargains.

The UK's first and leading online penny auction www.MadBid.com recently sold a brand new Mini One car for £155 - one hundredth of its real forecourt value.

Now, Madbid is going one step further and giving Brits the chance to win £5,000 towards their rent or mortgage for just a few pennies.

The auction, which starts Monday 26th January at 2pm, is expected to attract thousands of Brits desperate for a chance to stay in pocket during the recession.

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Notes for editors:

www.MadBid.com is the first and leading UK-based online penny auction. All auctions start at zero pence and prizes include cash, pamper days, electronic goods and cars. MadBid is a game of strategy and skill which users can play online or via SMS.

For more information please contact Oonagh Spence at Results PR oonagh.spence@resultspr.co.uk 0207 953 7619