Don't you hate to buy something new, then see how quickly it loses its value? We came across a "buy used instead of new" list by Money Expert Liz Pulliam Weston on MSN.com. They are things that depreciates quickly, but still has a lot of usable life left.
Cars: Most of us know about cars. Weston's advice? Buy used and let someone else take the initial depreciation hit.
Books: They're easy to find cheap or at your public library.
DVDs and Videos: These are easy to find used at yard sales. You can also sometimes find them in the previously viewed items at video rental stores.
Toys: Kids are fickle and it's tough to predict what they'll like. And, they don't care if a toy is used or new. Just make sure you clean them up well.
Jewelry: The money expert says gems have huge mark-ups. So, buy from a reputable pawn shop.
Want to know the other five? Visit http://articles.moneycentral.msn.com/SavingandDebt/FindDealsOnline/10thingsYouShouldntBuyNew.aspx.
How about things to never buy used?
Laptop computers: Weston says you're taking a chance when you buy any used computer, but laptops are even more risky because they're more prone to being dinged or even dropped.
Child car seats: A car seat involved in one crash may not protect your kids in another one. And a recent survey indicates ten percent of car seats currently in use has been involved in an accident.
Plasma Televisions: If the screen dies, it could cost thousands of dollars to fix or replace and that's as much as a new one costs.
DVD Players: The lasers will eventually wear out. And, the cost to replace or repair it will be more than it's worth.
Vacuum Cleaners: A brand new good, basic vacuum cleaner can be bought for less than a hundred bucks. And, the fancy features of high-priced vacuums usually aren't worth the extra cost.
For the other five things you should never buy used, visit http://articles.moneycentral.msn.com/SavingandDebt/FindDealsOnline/10ThingsYouShouldNeverBuyUsed.aspx?page=2
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