Save Money: Buy These 7 Items Used

iStock_000023828491XSmallIf you want to save money, one of the best options is to buy used. Not only can buying something second-hand help you save money, but it also reduces the amount of resources that you use. Buying used is one way to increase the sustainability of your life.

Before you buy new, consider whether or not you can save money — and the earth — by purchasing the following items used:

Electronics

There are many consumer electronics items that you can purchase used. My husband and I purchased refurbished computers. Our tablet, laptops, and desktop are all refurbished.  They are generally cheaper than their brand-new counterparts. As long as we buy them from an authorized source, we can get a guarantee as well.

From TVs to gaming systems to phones, buying used can make a great deal of sense, whether you buy used from someone you trust, or whether you buy factory-refurbished, this a good options.

Baby Items

Much of the time, baby clothes aren’t used harshly — especially newborn and early infant clothing. We bought a lot of our son’s onesies and other items (including a crib) at a consignment shop. It was much cheaper to buy these items gently used. Your baby doesn’t need brand-new items; he or she will be just fine with used. Plus, if you keep the items in good condition, there is a good chance that you will be able to sell them back for cash or credit for other items.

Sports Equipment

A lot of sports and exercise equipment can be bought used, and work just fine. Used balls, bats, treadmills, hand weights, and other items are much less expensive when bought used. Our stationary bicycle is a used item that still works great even though we have had it for several years.

Furniture

When we bought couches shortly after our marriage, we bought used. We were able to get a great deal on older couches that were very well-built. They lasted us several years, including two cross-country moves. It’s possible to find good-quality used furniture for a fraction of the price you would spend on new furniture. Garage sales, estate sales, and moving sales are all great places to look for used furniture.

Jewelry

Are you too proud to buy used jewelry? Don’t be! You can get a great deal on used jewelry. Many pawnshops offer good prices on jewelry that is often unique. You can also find truly interesting pieces at estate sales. If you plan to buy an engagement ring, consider looking on eBay. There are usually plenty of used engagement rings for sale at reasonable prices. (Even when we don’t buy used jewelry, we turn to artisans who create interesting and unique items.)

Books

My son has already learned that he can get more bang for his book dollar if he buys used. While we do frequent the library, there are some books that we like to re-read, and owning them is a practical solution. My son still likes holding books — which is great — so when he has money to spend, the first thing he does is look online for used books. They can be found in a number of places, from online book swaps to eBay to Amazon. (Most of the time, I buy new books using my Kindle.)

Entertainment

If you decide that you want to buy video games and movies in physical format, used can be a great choice. We have several movies and TV shows bought used (I’m still trying to convince my husband that straight up streaming and digital copies are the way to go). We’ve bought used video games as well.

What about Buying New?

There are some cases when buying new can make sense for your situation — at least that’s what I tell myself. When we bought our last car, we did end up buying new. We looked at some used cars, but with dealer incentives for new, and the time of year we bought (toward the end of the month in November), it ended up being cheaper to get the new car.

What do you think? What items do you prefer to buy used? What do you buy new?

Posted in Go Frugal permalink

About Miranda (Staff Writer)

Miranda is a freelance writer and professional blogger specializing in business, personal finance, and investing. She is a contributor for several personal finance web sites, and her work has been mentioned in, and linked to from, several online and offline publications. Miranda also has her own personal finance blog: Planting Money Seeds.

Comments

Save Money: Buy These 7 Items Used — 16 Comments

  1. I have never been picky with used items and almost all our furniture is used. But we bought a brand new quality mattress, and it was worth the expense.

  2. Some electronics are better to buy used than others. iPods, tablets, and smart phones are generally a bad idea to buy used, as they have a pretty short life to begin with. Laptops can be a great buy used.

    I do try to buy most of my non-bestseller books new because, as a novelist myself, the stagnating earnings for authors for the last 40 years has made making a living as a writer extremely difficult. I have choices where I can put my discretionary income, and supporting a writer I enjoy and want more books from is high up on my priority list.

    • That’s a good point, about putting your money into purchases that support something that matters to you. Our iPods and tablets have been great refurbished. We did end up buying new iPhones, though.

      • We bought refurbished iPods, and they lasted only 2 years. :/ Come to find out, the average lifespan for an iPod is only 3 years. So I’m not doing that again….

        But the price has come down a lot, too, which helps!

  3. Nice list! There are really some things we should buy used like electronics since it’s value seems to depreciate so fast and some people are selling them almost good as new since they want to get the latest.

  4. I would buy many of these items second-hand before buying new that’s no secret. I am a bit picky about furniture and in Canada there are certain baby items we can sell and not sell according to Health Canada. I would be cautious if it came to cribs, car seats etc… but baby clothes are well worth buying used.

  5. Great suggestions. There are indeed computer items that are worth buying for children’s basic school project purposes. Most people upgrade their units right away with the fast developing technology.

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