Things You Shouldn't Buy New
Why waste money on shiny packaging and a fancy store when you can get it 'pre-owned' for a fraction of the cost? Below are some items where the cost vs. use equation strongly tilts toward buying used:
• Books - most books don’t get read more than once, if that, and they’re astonishingly easy to find used at steep discounts -- if not absolutely free.
• DVDs, CDs and Videos – You can usually find lightly-used DVDs, CDs and videos on Amazon.com at a substantial savings over the retail rate.
• Cars - The average new car loses 12.2% of its value in the first year, according to Edmunds.com; on a $20,000 car, that’s $2,440, or more than $200 a month.
• Console games - Console games like those for the Xbox and Sony PS2 that list for $50 new, for instance, can often be purchased used for $20 or less a year after release.
• Hand tools - If you’re not going to use a tool frequently, you may be able to rent it or borrow from a friend or neighbor rather than buying something else to clutter up your garage.
Read the full article to learn which other items you should consider not buying new.
• Books - most books don’t get read more than once, if that, and they’re astonishingly easy to find used at steep discounts -- if not absolutely free.
• DVDs, CDs and Videos – You can usually find lightly-used DVDs, CDs and videos on Amazon.com at a substantial savings over the retail rate.
• Cars - The average new car loses 12.2% of its value in the first year, according to Edmunds.com; on a $20,000 car, that’s $2,440, or more than $200 a month.
• Console games - Console games like those for the Xbox and Sony PS2 that list for $50 new, for instance, can often be purchased used for $20 or less a year after release.
• Hand tools - If you’re not going to use a tool frequently, you may be able to rent it or borrow from a friend or neighbor rather than buying something else to clutter up your garage.
Read the full article to learn which other items you should consider not buying new.
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