Many of us have learned over the years that the shiniest, newest item isn’t always the best or most sensible purchase. There’s a certain satisfaction in finding a great deal or a gently used treasure that serves its purpose just as well as something brand new, but at a fraction of the cost. Embracing secondhand shopping and making smart purchases are excellent frugal tips that can significantly stretch your budget and reduce waste – principles that often resonate deeply with those who appreciate value and sustainability.
While there are certainly items where buying new is preferable (like mattresses or safety equipment), there’s a whole host of things where opting for pre-owned makes perfect financial sense without compromising on quality or enjoyment. This isn’t about deprivation; it’s about being resourceful and making your money work harder for you. Let’s explore nine categories of items where buying used is almost always the smarter choice.
1. Cars
This is one of the biggest purchases many of us make, and it’s also where one of the steepest depreciations occurs. A brand-new car loses a significant portion of its value – often 10-20% or more – the moment you drive it off the dealer’s lot. Within the first few years, that depreciation continues rapidly.
Why buying used is smarter: By purchasing a car that’s just a year or two old, or even a well-maintained older model, you let the original owner absorb that initial major depreciation hit. You can often get a nearly new vehicle with low mileage and many of the same features for thousands of dollars less than its brand-new counterpart. Many certified pre-owned (CPO) programs from dealerships also offer extended warranties, providing peace of mind similar to buying new.
Consider this: Many seniors appreciate reliability and may have a trusted mechanic. A slightly older, well-maintained car, thoroughly inspected, can provide excellent value and dependable transportation without the hefty price tag and rapid value loss of a new vehicle.
2. Books
A good book is a treasure, but the story inside is the same whether the cover is pristine or gently worn. Brand new hardcover books can be quite expensive, especially bestsellers.
Why buying used is smarter: Used bookstores, library book sales, online marketplaces (like AbeBooks or ThriftBooks), and even local thrift stores are fantastic sources for books at a fraction of their new price. You can often find titles in excellent condition for just a few dollars. And, of course, your local library offers an endless supply of books for free! Many of us have enjoyed a lifetime of reading, and embracing used books allows that passion to continue affordably.
Consider this: For avid readers, the savings from buying used books can add up to hundreds of dollars a year, money that can be spent on other enjoyments or saved.
3. Most Furniture (Especially Solid Wood Pieces)
New furniture, particularly well-made solid wood pieces, can be very expensive. Like cars, new furniture often depreciates quickly once it leaves the showroom. However, older, well-built furniture often boasts superior craftsmanship and materials compared to some modern, mass-produced items.
Why buying used is smarter: Consignment shops, antique stores, estate sales, and online marketplaces can be goldmines for high-quality used furniture at excellent prices. You can find unique pieces with character that have already stood the test of time. A little cleaning, a new coat of polish, or even reupholstering a chair can breathe new life into a pre-owned find, giving you a beautiful piece for much less than new. Many seniors have an appreciation for classic styles and durable construction found in older furniture.
Consider this: Look for pieces made from solid wood rather than particleboard. Dovetail joints and sturdy construction are good indicators of quality.
4. Baby and Toddler Gear (If Gifting or for Grandchildren)
Children outgrow clothes, toys, and equipment like strollers, high chairs, and cribs incredibly quickly. Buying everything new for a baby or toddler can be a massive expense, especially if you’re a grandparent helping out or buying gifts.
Why buying used is smarter: Gently used baby and toddler items are widely available at consignment stores, parent-to-parent sales, and online. Many items are used for such a short period that they are still in excellent condition. This is a fantastic way to save significant money. Of course, safety is paramount, so always check for recalls on items like cribs and car seats (though car seats are one item many prefer to buy new for safety assurance unless you know its full history).
Consider this: Grandparents often love to spoil their grandchildren, but doing so with gently used items (especially clothes and toys) can allow you to be even more generous without breaking the bank.
5. Tools (Hand Tools and Some Power Tools)
Quality tools are built to last. Many hand tools (hammers, screwdrivers, wrenches) and even some well-maintained power tools can function perfectly for decades. New, high-end tools can be a significant investment, especially if you only need them for occasional projects.
Why buying used is smarter: Estate sales, garage sales, pawn shops, and online listings often feature used tools at great prices. You can acquire high-quality, durable tools from reputable brands for much less than new. Many older tools were made with a level of craftsmanship that’s hard to find today.
Consider this: For hobbyists or those who enjoy DIY projects around the home, building a tool collection with used items is a very cost-effective strategy. Always inspect power tools carefully before purchasing or ask to see them demonstrated.
6. Sporting Goods and Exercise Equipment
Many people buy sporting goods (like golf clubs, tennis rackets, bicycles) or home exercise equipment (treadmills, stationary bikes, weights) with great intentions, only to use them a few times before they end up gathering dust. Their loss can be your gain!
Why buying used is smarter: Stores like Play It Again Sports, online marketplaces, and garage sales are excellent sources for gently used sporting goods and exercise equipment at deep discounts. You can often find high-quality gear in nearly new condition for 50% or less of the original price. This is perfect if you’re trying a new sport or want to set up a simple home gym without a huge investment.
Consider this: Many seniors are embracing active lifestyles. Buying used equipment makes it more affordable to try new activities or maintain fitness routines.
7. Designer Clothing and Accessories (If That’s Your Style)
If you appreciate high-end fashion but not the high-end price tags, the secondhand market for designer clothing, handbags, and accessories is thriving. Many items are sold after being worn only a few times, or sometimes not at all.
Why buying used is smarter: Upscale consignment stores (both physical and online, like The RealReal or Poshmark) offer authentic designer pieces at a fraction of their retail cost. You can enjoy luxury brands and quality craftsmanship without the extreme expense. This allows for a more sustainable approach to fashion as well.
Consider this: For special occasions or if you simply enjoy well-made clothing, this is a savvy way to indulge your taste without overspending. Always ensure authenticity when buying high-value designer items secondhand.
8. DVDs, Blu-rays, and Video Games
With the rise of streaming services, physical media like DVDs, Blu-rays, and video game discs often see their prices plummet quickly after release. Many people watch a movie or play a game once and then look to sell it.
Why buying used is smarter: You can find a vast selection of used movies and video games at significantly reduced prices from online retailers (like eBay or Amazon Marketplace), local used media stores, or even libraries that sell off older stock. The viewing or playing experience is identical to a new copy.
Consider this: If you enjoy collecting movies or have grandchildren who love video games, buying used can save a fortune. It’s a great way to build a library of entertainment affordably.
9. Pet Supplies (Some Items)
New pet supplies like crates, carriers, pet beds, and even some toys can be surprisingly expensive. Often, pets outgrow items or simply don’t take to a particular toy or bed.
Why buying used is smarter: Animal shelters, rescue groups, and online marketplaces often have gently used pet supplies available for adoption or sale at very low prices. Items like durable crates or carriers can be easily sanitized and reused. You can save a lot of money, especially when first acquiring a pet or if you foster animals.
Consider this: Always thoroughly clean and disinfect any used pet supplies before giving them to your furry friend. For items like food bowls, new might be preferable for hygiene, but for many other durable goods, used is a great option.
Embracing secondhand shopping for these items isn’t just about being frugal; it’s about making smart purchases that are also kinder to the environment by reducing waste and promoting reuse. With a lifetime of experience in making discerning choices, many seniors are perfectly positioned to take advantage of the value and quality found in the pre-owned market. By being open to buying used, you can unlock significant savings and enjoy the thrill of finding exactly what you need (or want!) for less. Happy treasure hunting!
