8 Things You Should Buy Used


In today’s world of rapidly advancing technology, it seems as though there is always a new something on the market. If I had a quarter for every time I heard someone say, “Have you heard about the new (Fill in the blank),” well, I’d have enough money to be able to afford all of those new things. But the truth is, with so many new things on the market, most of us can’t afford the latest and greatest versions. But don’t worry, there are tons of things that you not only don’t need to buy new; but that you also probably shouldn’t buy new.

Check out this list of eight things out there that you should buy used.

1)   Cars: Most of us have heard that a car depreciates in value the second you take it home, and unfortunately, this is kind of true. According to Edmunds.com, a new car loses about 12% the second you drive it off the lot. So take a look at a gently used car—if it is relatively new it will probably still have a 3-5 year warranty—and it could save you thousands of dollars.

2)   Jewelry: Many fine jewelry stores mark up their merchandise by almost 100%. Instead of paying almost double what a ring, necklace, bracelet, etc. are actually worth, take a look at your local pawn or antique shop. Just make sure to do a little bit of research on the store’s reputation before you buy!

3)   Books: Sadly, most books don’t get read more than once and in this day and age, some not even at all. They just sit collecting dust while videogames get all of the action (which you’ll see down the list as well!) So why spend $15-$20 on a brand new book when there are so many other options? Check out your local Half Price Books or simply join your local library. There, you can pick up books, audio books, and even movies for free.

4)   DVDs and Blu-Ray: Just like books, you don’t need to spend $20 on a new DVD when today there are so many other options. Not only can you get gently used DVDs for a fraction of the price (again, Half Price Books or sites like Half.com and Amazon.com) but these days you can simply streams or download them. Click here for more on options that will help you do just that.

5)   Videogames: Just like a car, once a videogame has been used (played) it drastically drops in price. But simply playing a game doesn’t damage it! Check out Gamestop.com or find your local Gamestop store to shop their huge selection of gently used games, great for any console. You can even sell your own games here when you’re done for some extra cash.

6)   Office Furniture: Office furniture is usually built pretty sturdily. You can set your heavy computer on top of it, you can use it to store all of your files, and you can even give it a swift kick when work is driving you crazy (though we don’t recommend these, nor do your toes.) So there is no need to spend a fortune on brand new office furniture when something gently used will hold up just as well. Check out the consignment stores in your area or Craigslist.com.

7)   Sports Equipment: If you’re taking a skiing trip or looking to take on tennis or something, you’ll quickly realize that sports equipment isn’t cheap. You could easily spend $200-$300 on new gear, or you could check on Craigslist or PlayItAgainSports.com to buy, sell, or even trade sports equipment. Perfect for kiddos who are just trying out a new sport and aren’t ready to commit!

8)   Little Kids’ Toys: As many parents know, toys can be hit or miss; so don’t bother paying full price for something that may end up lying on the ground for a month while your child has more fun with the box it came in. Instead, peruse your neighborhood consignment stores, garage sales, or even set up a neighborhood toy swap to save some money.

Can you think of anything else that is better bought used? Share your ideas below!

Photos Courtesy of: MSVGJeff Belmonte,  Jenna Carver,  Andres RuedaPhilipRood.com,  Incase,  fedewildGViciano

Sources: Edmunds.com, HPB.com, Half.com, Amazon.com, Gamestop.com, PlayItAgainSports.com, Shine.Yahoo.com, Money.MSN.com

More in Financial Empowerment