If you’re buying and selling on Tradyo, you are probably well aware that you can get much more bang for your buck shopping secondhand. Saving anywhere around 50% to 75% off the retail price, many types of previously owned products still have a lot of life left in them. In certain cases it just makes way more sense to buy used, especially when the product depreciates rapidly, will be used only for a short time, and were lightly loved by their first owners. Here are six types of purchases that you should always try to buy not-new:
Among the worst offenders when it comes to instant depreciation, driving that shiny-new vehicle off the lot reduces its value by 11% on average. After one year of ownership, that number climbs to 25% and in five years, to 63%. Savvy shoppers can use this phenomenon to their advantage by sidestepping the brand-new pricing penalty and shopping used. So you don’t end up purchasing a lemon, check out these used car buying tips.
You can easily save thousands of dollars by buying high quality, pre-owned furnishings. And you may even luck out and find items that are antiques, beautiful one-of-a-kind pieces, or furnishings that are made with better materials than the ones manufactured today.
- Video Games, Movies, Music
Most things that come in disc format – DVDs, CDs, LPs, etc. – lose value as soon as they become “owned”. When a new title hits the stands, it’s best to exercise a little patience and wait until original buyers are looking to recoup some of their investment.
Some folks will purchase a set of tools for one project and never use them again. Non-mechanical tools like hammers, wrenches, shovels, hand saws, and screwdrivers were made to take a beating and will last a long, long time.
- Hobby Gear
Often, taking up a new hobby is an expensive proposition. A better way to try it out to see if you like it at a reduced initial investment is to shop hobby wares, like musical instruments, sporting gear, and exercise equipment, secondhand.
- Kids Clothes, Maternity, Formal Wear
Let’s face it: it’s silly to purchase brand new clothing that will only be worn once or for a few months at a time. Limited-use clothing like wedding gowns and suits, kids clothing and shoes, and maternity clothes are short-term items and are best purchased pre-loved.
Categories: Buyer Tips