Sure, some things are better bought brand-new – running shoes or a mattress, for example. But there are a number of purchases where it makes sense to buy used. For very little drop-off in quality, you can save big. Here are the best items to purchase second-hand:
Books. It doesn’t take long for today’s best-seller to hit your local used book store. Online retailers like amazon.com nearly always have used versions of the latest books available for 25% to 50% off the new price.
Kid stuff. Because babies don’t stay little long, they often outgrow clothes long before the outfits are worn out. Check out thrift stores, second-hand shops, and garage sales for great bargains on gently used clothes and toys.
Vehicles. According to Edmunds, a new car loses 12% of its value during the first year you own it. Buy a late-model used car instead—many are still under warranty and in great shape. Have your mechanic take a look to make sure you’re getting a good deal.
Discs. Whether we’re talking music CDs, DVDs, or video games, you’ll save a bundle when you buy them used. Today’s discs are pretty sturdy, so as long as you see no visible scratches, you should get a good product. Search used bookstores, yard sales, and online outlets for the best deals.
And once you’ve scored all of these savings, we can help you take a look at your budget and decide how to put your savings to use!