Wednesday, November 20, 2024

How to Prepare Your...

Opinions expressed by Entrepreneur contributors are their own....

Allstate Takes New Approach...

Allstate cut annual spending on corporate...

How One Entrepreneur Started...

Amazon, Google, Microsoft and other big...

Prepare for the Holidays...

Disclosure: Our...
HomeMake Money Online7 Common Things...

7 Common Things You Should Never Buy New


Buying the latest gadgets and newest toys can be rewarding, but you can get the same satisfaction—and significant savings—by purchasing items gently used.

While not everything should be bought secondhand, some items are perfect candidates for buying used. Here are seven of the best items to consider purchasing used and why they make financial sense.

1. Cars

Prostock-studio / Shutterstock.com

Cars depreciate considerably within their first few years but tend to retain most of their value after that initial drop. If you’re open to buying a car that’s a few years old, you can save a significant amount of money without sacrificing quality.

Certified pre-owned programs from reputable dealerships can offer added peace of mind through warranties and thorough inspections. Check local classifieds and trusted online platforms for deals and do your due diligence to ensure you get a reliable vehicle.

2. Cellphones

Excited woman happy with her new phone plan
Dean Drobot / Shutterstock.com

Cellphones can be expensive, especially when new models are released with minor upgrades. Instead of paying top dollar for the latest device, consider buying one or two generations behind.

Pre-owned and refurbished phones are often available at a fraction of the cost and can still offer excellent performance. Be sure to purchase from reputable sellers with return policies and warranties to protect your investment.

Get a high-quality refurbished phone at a fraction of the cost with Tello. Plus, unlock this special deal: 5GB + unlimited talk & text for just $10 your first month—no contracts, no lock-ins. After the first month, it’s only $14/month.

3. Electronics

Paying bills online or online shopping.
Meteoritka / Shutterstock.com

The market for used electronics has evolved, making it easier to find quality items. Retailers and online platforms often sell refurbished or certified pre-owned electronics like laptops, tablets, and game consoles, complete with warranties.

Whether it’s a gently used laptop for work or a pre-owned gaming system for leisure, buying secondhand can help you stay within budget without compromising on quality. Just be sure to read product reviews and seller ratings before making a purchase.

4. Clothes

Woman in her clothes closet
WAYHOME studio / Shutterstock.com

Fashion trends change quickly, but that doesn’t mean you need to spend a fortune to keep up. Consignment shops, thrift stores, and online platforms like ThredUp and Poshmark offer a wide range of gently used clothes at affordable prices.

You can find high-quality, name-brand clothing in excellent condition, often at a fraction of the original price. Shopping for used clothes is also a sustainable choice, reducing waste and giving garments a second life.

5. Furniture

Heavy couch sofa
Andrey_Popov / Shutterstock.com

Secondhand furniture offers endless opportunities for customization. Whether it’s vintage wooden chairs or an old sofa that needs reupholstering, buying used furniture can save you a substantial amount of money while allowing for unique design choices.

Many people update used furniture with fresh paint or new fabrics, turning a dated piece into something that fits their style. Estate sales, online marketplaces, and antique shops are great places to start your search.

6. Tools

Tools
Jeff Giniewicz / Shutterstock.com

Older tools, often made with sturdier materials, can be more durable than many of the newer options on the market. If you’re looking for reliable power or hand tools, consider shopping at pawn shops, flea markets, or garage sales.

High-quality brands like DeWalt, Bosch, and Makita often hold their value and are less prone to issues like planned obsolescence. Used tools are generally more affordable and, if chosen carefully, can last for years.

7. Baby Gear

father kissing his little girl
pixelheadphoto digitalskillet / Shutterstock.com

Baby items can be costly, especially when they’re only used briefly before the child outgrows them. Strollers, baby swings, and high chairs are some examples of baby gear that can be found gently used.

Just check for recalls and verify that items meet current safety standards. Sites like eBay and specialized baby resale platforms offer a range of options for parents looking to save on essential gear.

Stretch Your Budget with Secondhand Buys

Purchasing used items can be a smart way to save money without compromising on quality.

By carefully selecting secondhand products, you can stretch your budget further, reduce waste, and still enjoy the satisfaction of well-made items.

Continue reading

Two brothers were indicted for running a streaming service with live NFL, NBA, and NHL games—for as little as $10 a month

A Brooklyn federal grand jury handed down an indictment last week accusing two brothers—one in New York and another in Bangladesh—of running an allegedly illegal sports and video streaming service known as 247TVStream.  Noor Nabi Chowdhury, 56, of Cheektowaga,...

21 Top AI Tools for Content Creation in 2025

As a content creator, I spend a lot of time creating videos, graphics, and slides for speaking engagements. It takes up a lot of time, and I've found...

Infosys Cofounder, 78, Doesn’t Believe in Work-Life Balance

N. R. Narayana Murthy says he used to arrive at the office at 6:20 a.m. and leave at 8:30 p.m. He worked 14 hours per day, six-and-a-half days per week for 30...