Want to save a pretty penny? Here's a list of 8 things you should never buy new.
You’re almost always going to be paying a high premium for the convenience of walking into a store and buying something shiny and new. Just by putting in a bit of extra legwork and buying second hand, you could save yourself a packet…
Here’s a list of 8 things you should never buy new.
Unless you’re investing in a classic or vintage, you’ll never make money off a car. We all know the value of a car drops like a rock as soon as you drive it off the lot so instead, look for a quality used car that has already taken the depreciation hit – ideally one that still has a factory warranty, a shiny paint job, low miles and a much smaller price tag. This also applies to recreational toys such as boats, jet skis, RVs, caravans and motorbikes.
If you think pre-loved furniture means ugly and worn out, think again. Have a look online or at your local op shop and you’ll be surprised at what you can pick up for a fraction of the price, in near new condition. It’s also a wonderful means to get creative and use your imagination – if it’s not exactly what you want, then can it benefit from a lick of paint, new handles or an upholster? Not only will you have a unique piece, but you’ll be saving a packet too. Added bonus? You might even find a vintage piece that’s built better and cheaper than you’d find new today.
3. Sporting gear and musical instruments
If you’re at the top of your game, by all means invest in that brand new surfboard, mountain bike or snowboard. But if you’re just starting out, buying second hand is the way to go – especially if it’s your kids who want to try their hand at the clarinet or tennis. Try buying sporting goods, musical instruments and exercise gear online, from dealers or even at garage sales – you’re sure to see all sorts of equipment at a bargain price that someone has already lost interest in.
Why buy from a pet shop when you can give a pre-loved or unloved fur baby a loving home? There are many animal shelters that regularly have free or almost-free adoption days, and quite often offer micro-chipping and de-sexing at a low cost. Many shelters also offer a ‘personality matching’ service, so you can be sure the new member of your family fits right in. The RSPCA is a great place to start.
The jewellery industry is notorious for huge markups – and like most things, jewellery typically depreciates in value as soon as you buy it. But before buying second hand off eBay, be sure to get an appraisal. Keep your eyes open for scams and use a safe payment method, especially if a significant amount of money is involved. Look at estate jewellery from antique stores, or a reputable pawn-shop - quite often, vintage or antique jewellery is better quality too, and has a history you just can’t buy.
If your pay packet doesn’t match your taste for expensive designer items, then you’re in luck. Savvy bargain hunters can find near-new items for less than half of what they cost on the rack. Have a browse through your local markets, garage sales, online or car boot sales and you’ll be delighted at how cheap you can pick up that jacket, dress or bag. Consignment shops are also great for quality designer clothing. Added bonus - if you buy from an op shop, you can rest assured that your money is going back into the community, and you’re reducing your carbon footprint. Look for clothes that are well made with good fabric and stitching, and free of stains – and be sure to wash before you wear it!
7. Baby items
We all know how expensive babies are – there’s the stroller, the pram, the bassinet, educational toys and clothes – the list goes on. With infants growing out of these items at a frightening speed, this means you can find good quality, nearly new items for a fraction of the cost. The exception is mattresses, car seats and cribs – these can have safety risks and should be checked for product recalls. If you’re not sure, say no.
8. Kitchen appliances
All over the country, cupboards are full of unused juicers, rice cookers, bread machines, ice cream makers and expensive coffee makers. It just doesn’t make sense to spend a packet on a new appliance when you can pick it up for a song second hand. Same goes for tools – many people don’t use them regularly so it makes sense to borrow or rent. A word of warning - electronics and tools can be a mixed bag as it can be hard to tell whether there are hardware issues. Op shops and dealers will often have them pre-checked for issues; alternatively, find products that are still under warranty.
Do you have any tips for buying second hand? Let us know by commenting below!