A. It is a smart move to buy the following 7 categories of items used rather than new -
1. Cars
A new car will lose 20% of its value after 1 year, and lose 40% of its value after 5 years. It's wise to buy a 1-2 year new car.
2. Books
This is especially important for college students, and we have shared an extensive list of ways to save on college books.
3. Furniture
If you are renting for a short period of time, it's wise to buy second hand furniture from places such as:
- Craigslist
- Freecycle
- Consignment shops
- Garage sales
4. Tools
Garage sales, Craigslist, and eBay are all good sources for second hand tools.
5. Baby clothes
Consignment shops and garage sales are good places to shop used (or even new!) baby clothes.
6. Fitness tools
If you want to save on gym fees, find used fitness equipment at Craigslist.
7. DVD and game consoles
GameStop, eBay and Amazon are good places for used items in this category.