Yard sales: 6 things to buy and how to get a better deal
Develop a plan before you start.
Let's face it: Most items at garage sales and yard sales are junk. It's stuff the family conducting the sale wants to get rid of, hoping to make $100 on a good weekend.
- Bing: Yard sale tactics
With that in mind, I often visit yard sales to look for specific items. Here are six things I usually look for:
Old towels. Don’t think of them as towels; think of them as heavy-duty rags. I keep a tub of them in the basement, and, for a lot of things, they’re better if they’re well-worn. If I get them heavily stained with oil, so what? I get them as clean as possible with bleach and keep using them until they fall apart.
Junky T-shirts for the whole family. We keep T-shirts to wear while mowing or cleaning in a tub in the garage, and sometimes use them for rags as well.
Children’s books. I find piles of children’s books that look as though they were scarcely read, and I pick up a stack for a dollar or two. I look for books for all ages, storing the books that are too advanced for my children.
Collectibles I’m knowledgeable about. This includes baseball cards and vintage video games. I usually have a good idea what something is worth, and that has paid off for me many times.
Plastic food containers. I'm looking for Tupperware and the like. If the lid attaches tightly but easily, I’ll always take it, because I’m always looking for more storage containers for the pantry.
Children’s clothes. Many people who shop yard sales are looking for kids' clothes but surprisingly buy just one or two items. I tend to shop for them late in the day and offer a lowball price for everything in specific sizes.
Having said that, here are the tactics I use to get even better deals:
Negotiate. Do that knowing that the sellers view the items as one step away from Goodwill or the Dumpster.
Buy large groupings of stuff. Make an offer for all the old video games or all the towels. I usually offer about 40% of the total asking price if it's early in the sale.
Offer even less near the end of a sale. If you’re there
late Sunday afternoon, make absurdly low offers. I have been known to
make offers for bundles of stuff at 15% of what they're listed for.
Remember, you’re not going to yard sales to find items to
display with pride. Look for big bargains on stuff with utility -- and
don't buy things you’re not going to use or need.
Other articles of interest at The Simple Dollar:
- The lawn-care dilemma: How much time and effort should you spend?
- 6 ways planning ahead saved money this weekend
- Organization 101: A visual guide to how I manage the information in my life
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'