11 October 2013

How To Buy Used Like A Pro


October is Buy Nothing New month. So what’s your opinion on buying used items?

Most people are split. Some love the idea of buying used while others abhor it.

I have to say that I am often undecided. I do like to buy used for some things and for others I prefer to buy new. Of course, there’s the financial and environmentally friendly reward when you buy used. And admittedly a bit of ego enters into the process because it just feels like a major accomplishment when you find a good used item for a low price.

Here’s what I like to buy used:

Cars – Love buying used cars because you save thousands of dollars!

Clothes - Why pay $150 for jeans when you can get them from the op shop for $5? Clothes are used the minute you hand over the money. And chances are they've been tried on in the store, so they've been worn before too. Make op shopping a habit and you'll always be fashionably dressed for a fraction of the retail price.

Furniture – There’s nothing quite so rewarding as buying a thousand dollar table for $100 and having it make your home more comfortable.

Books – Used books are a good idea when you absolutely need to have a book on your book shelf and the library or an ebook just won’t do.

Before you buy “used” however, it’s important to follow a few steps:

1. Do you NEED the item? Shopping is addictive and it’s easier to justify a “used” item because you’re spending less, right? Wrong. If you don’t need the item then you’re busting your budget for no good reason.

2. Be a discerning shopper. Whether you’re buying a used car or a used book it’s important to make sure you’re buying from a reputable seller. It’s also important to make sure you’re legally supported should anything go wrong. For example, if you buy a lemon from a car dealer what recourse do you have?

3. Shop like you would if it were new.  Whether you’re buying used or new there are a few important questions you should always ask:

    · Is it in my budget?
    · What value will this purchase provide?
    · Is there a less expensive option I’d be happy with?

Shopping “used” instead of always buying new helps keep items out of the landfills. It also helps you stick to a budget. However, buying used isn’t just an excuse to spend money. You still want to stick to the basic buying guidelines that help you stay in control of your money.


Follow on Bloglovin

1 comment:

  1. I bought a second hand car from a reputable dealer and it turned out to have a couple of major problems. It took six months of them prevaricating and a complaint to Office of Fair Trading before it was repaired but had I not persisted repairs would have cost me upwards of $3500. Remember when you buy from a dealer you are protected but they will try and put you off. That's where OFT will help. I don't know if you get that protection when buying privately.

    Allie

    ReplyDelete

Thanks so much for taking the time to leave a comment...I just love hearing from you!

Just a couple of things:

Please don't use your comments to advertise your business or goods for sale, any such comments will be removed.

And please include your name, anonymous posts will not be published and will be recorded as spam.