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If the registry for your domain name extension allows it, we hold your expired domain name for a few days waiting for you to renew it. For many domain name extensions (such as .com, .net, and .org) there is a grace period allowing you to renew the domain name after expiration without penalty. After the grace period for these extensions, you must pay a redemption fee plus the cost of regular renewal if you want to keep the domain name.
With the Discount Domain Club membership you also get a one-year membership to GoDaddy Auctions and CashParking. If you already have a GoDaddy Auctions account then you get a one-year renewal for that account, and if you already have a Cash Parking account then you either get a free upgrade to a premium account or you get an additional premium account.
