Tuesday, 21 January 2014

Ten Things You Should Always Buy Used

12:51 pm

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Chennai: There are many people who love to waste their money by buying new stuffs, when they can get the same thing online and pre-owned at half the price. However, some things are best purchased new—home, cloths poops to  mind—but there are things that you should never buy new. Why to waste money on things that always look attractive to eyes? The excitement of buying new doesn't stay for long and the new things will be ignored after few weeks. Below listed are the best things that you can buy second hand, which in turn will help you save loads of money for future.

1. Books

Some people have reading as their hobby and you might find a collection of books stuffed in their rooms. Price of the book depends on its popularity among the readers, which means if you buy these books from the shop you may end up paying a good amount from your wallet. Books are meant for reading, when once read no one bothers to open it again and read it. For one time read, why to go for a brand new book? You can get the same book at cheaper price if you buy them online. Sometime you may get lucky with best offers while buying. In this way you can read your favorite book by paying less and sell it after reading.


2. Cars


A true fact that cars lose their value as soon as they leave the factory floor, so even if you buy a new car after two days its resale value will be lesser. According to Auto experts at Edmunds.com, the moment you drive a brand new car off the lot it loses roughly 11 percent of its value and it continues to depreciate between 15 percent and 25 percent each year for the first five years.  Buying a brand new car is everyone’s dream but it is always better to go for a second hand car as it will save you from paying installments, EMIs, initial cost and insurance. The only thing you need to do before buying a second hand car is just accompany a driver and check it overall to make sure that it doesn't need a major repair.


3. Pets


Keeping a pet at home is one of the new hot trends in the society. People have become so crazy about pets that they even import pets from abroad, and these pets don’t come cheap. Even foe a small kitten or puppy of any breed will cost you more than 40,000 to  50,000 which can be more than our monthly spending and also to look after them with their food and vaccinations you may have to spend even more. In order to fulfill your need and save tons of money the better option is to go for adoption of these pets. There is local animal health shelters were you can adopt a pet for free sometimes, this will save your money and simultaneously your hobby will be fulfilled.



4. Furniture


Furniture is one among the things which people would like to change it once in a year. There is no harm in buying a new one but why to go for new when you can get the same at cheaper or low rates. Good office furniture are built to withstand heavy use and a great used desk or file cabinet will work better same as a new one does. Even for home furniture you don’t need to go to a shop and buy a brand new one, instead you can go shop online where you will get huge discounts on any furniture you buy.


5. Jewelry


Indian women have craze for jewelry, even if they have a dozen of them they will still go for buying new ones. Jewelry is rich in sentimental value but it loses approximately 10 percent in the first year of ownership. When you try to sell used jewelry the depreciation may hit hard but as a buyer, you can take advantage of the markdown in order to save more money. Go for some estate sales and reputable pawn shops to find better and great deals on unique pieces.


6. Tools


Small and simple tools that are useful in your daily regime can be bought cheap. Tools like hammers, hoes, and wrenches are always found well maintained and you can shop them in any garage sales. If you have some of the tools that are there from a very long time then you can even sell them off as they don’t get stale and can be used in long run and preferably they are of good quality as well.


7. Sports and fitness equipment's


Few things like hockey sticks, golf clubs and tennis rackets and some fitness equipment's like ab crunchers, weights treadmills, trampolines and bikes are among the pointless purchase list and mostly these things are found dusty after a period of time. Sometimes as a part of New Year resolution they bring these entire stuffs home to lose their weight but after few weeks they forget about their resolutions and continue with their old lifestyle. Thus they don’t realize that along with the resolution they have also lost a good amount of money. If you are still interested in buying stuffs like these then go for some second hand so that you will save a lot of money.


8. Baby clothes and toys


Parents become so choosy when they start buying for their newly born baby they would usually go for expensive stuffs. Babies grow fast, which means they will be constantly in need of new clothes.  Many of the parents go through this stage and as the babies grow they will be left with a bunch of clothes that will not be useful anymore. It is never a good idea to go for expensive clothes and toys for your babies instead you can go for online shopping where you get best deals .Other option is if you have a friend or relative whose kid is older than yours then borrow the clothes and toys and save money.


9. Musicals Instruments


In this world you will find most prized instruments usually have age, character and a story to tell. Their value will be more when compared to shop floor stock. Avoid buying new gear only to face depreciation and upgrades in the future. Buying a used saxophone, second-hand guitars or violins won’t look appealing sometimes but instead of buying the brand new ones at a higher rate you can go for used ones at a great deal.  Just for example of sports equipment, you can’t be sure if the violin is your thing until you've had some time to practice, but what’s the use in shelling out more than you need to, when you can get a good deal second hand.


10. Formal dresses


Formal and designers dresses are something that you don’t use often you just need them in some occasions like marriage, parties etc. Thus buying used formal wear could ensure you get a better product that too at a cheaper price. People purchase suits and gowns just for one time wear then why to waste money on the new ones. Online shopping is the best for such materials where you get all these formal dresses at comparatively low prices.

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