4 Items to Buy Used
Beware of little expenses; a small leak will sink a great ship – Benjamin Franklin
Saving money is something that I think many of us would like to be doing more of, and while there are a number of ways that you can save money, buying used is a great way to start. However that doesn’t mean you should buy everything used! Some things need to be bought new, such as safety equipment, computers and hats. Keeping all this in mind, I have listed 4 items below that you can buy used, and still get good quality and use out of!
When you first read the title, you probably thought about cars, and you were right! The best deal for a vehicle is a lightly used, recently released vehicle. Something that is 1 – 2 years old, and has about 40,000kms or less. Typically cars are estimated to cover 20,000kms per year, so something lower than that average for the age of the car means it wasn’t used as much. Buying with these kilometers in mind keeps the vehicle well under warranty, which is usually somewhere around 150,000kms.
Purchasing a lightly used vehicle also saves you from losing the initial drop in value from driving the vehicle off the lot. Once the vehicle goes from being new to used, it can lose up to $5,000 in value once you drive it off the lot – maybe more if it is a luxury vehicle! Your dollars are hard earned, and it is important to protect them. This kind of price drop is not good value for those looking to save some money while acquiring a quality vehicle. Keeping the vehicle within the 1 – 2 year range also allows you to take advantage of the new technologies without paying premium dollar. A purchase like this, if maintained, should last you for many years.
Where my students at!? One of the best things to buy used is textbooks. Textbooks cost absurd amounts of money, and for individuals who are already on a tight budget it makes sense to try to save some dollars where they can. Bookstores on campus will sometimes have used textbooks, but they sell out quickly because the demand for used books is so high.
Another place to look is Amazon. Amazon usually posts used books with other sellers – each with their own prices. These other sellers also have ratings next to their name to show the percentage of people who were happy with their purchase. I have used this feature on Amazon and bought from a number of smaller booksellers to obtain my used textbooks. It is also nice to check these sellers because you can immediately compare the prices, which will allow you to stay within budget.
Sporting Equipment (especially if you are a beginner)
Sporting equipment can be expensive, but buying used can make the cost less of a burden on your wallet. Individuals should look at getting used gear if they are just getting into a sport because it allows them to have the experience without a huge investment. This lets the person try the sport, and determine if it’s something they can see themselves doing longer term. Beginners are also learning a great deal of skills and can have mishaps that cause damage to the equipment (anyone ever ski over a rock?).
Keep in mind here that buying used will not work for all sports options. Some sports that beginners can buy used gear include, skiing, snowboarding, kayaking, hockey (for young kids), lacrosse, golf, biking (road, mountain). Sports where it is better to invest in good quality gear like shoes or helmets include soccer, rock climbing, basketball, and running. I am sure that I have missed some, but this might give you an idea of what kind of gear you can buy used, versus what you could buy new.
Nothing beats a good find from a used clothing store. There are a large number of people out there who buy clothes and then don’t wear them, only to bring them to a used clothing store later. So it is not surprising to find new clothes at a used clothing shop with the original tags still attached! Sweaters, dresses and jackets are value finds for individuals who do not want to spend an arm and a leg on these items. Many people buy dresses for a single occasion, then get rid of them afterwards. Buying used clothes is a great option for those looking to add to their wardrobe without breaking the bank.
I hope some of these suggestions will help you in your decision making process. With a little bit of patience and research, buying used can save you a fortune. Buying used also reduces your carbon footprint which is nice. Whether you are looking for a vehicle, or a pair of skis, consider buying used. We work hard for our money and it is important to save it where you can!
If you have any question about this post, or others, please send me a message! I am happy to get back to you!