September 26, 2008, Newsletter Issue #157: Travel Auction Deals

Tip of the Week

Like most kinds of auctions, travel auctions offer great deals, but still frequently sell them at close to a fair market price. When examining travel auctions, think more about buying opportunities rather than paying for a certain set of goods and services. When you participate in a travel auction, you're not just buying airline tickets and lodging -- you are buying them for a certain time. You may not get the best price -- but you may get the best location, the best time, or the best services. For example, while you may end up paying a "normal" price for airfare through a travel auction, but you could end up getting a great deal by obtaining in-demand tickets for peak times, such as the holiday season. You might end up paying the usual amount for a beach house rental -- but you'll be able to stay there in the height of the summer travel season. Travel auction deals are found by searching for these opportunities, rather than looking for the lowest possible price.

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