14 things you should buy used

Sometimes, buying secondhand can result in huge savings with little or no difference in quality. Know which used items are just about as good as new.
 of 17
 of 17

VIDEO ON MSN MONEY

146Comments
Jul 9, 2012 6:36PM
avatar

Ok I want to know where you can earn 10 percent at if you save 4k on your car, apparently someone knows where you can earn 10% at. Seriously make your point without throwing around senseless numbers - maybe back before Obama took office! I doubt you could earn 4% Now!  

 
Jul 9, 2012 6:28PM
avatar

In our town, furnikture, lawn euipment, bicycles, metals and all sorts of big items are put out the curb on Sunday after everyone's yard sales have closed since Monday is trash day (or Monday nights for Tuesday trash pick-ups).  Kids get bikes-asking if it is really meant for trash of course, and make it a project rebuilding them-a hobby of my grandson.  Others pick up the metals to recycle for cashlarge things aren't picked up by the trash people, so it is a recycler's dream.  My husband has a customer that this is his sole occupation - picking up discarded items and recycling them.  People pick up furniture to refurbish, use or resell.  Of course people still donate to the Goodwill, Salvation Army and small planet places, but large pieces in need of repair might end up waiting for a home.  One caution, is that now that the bed bugs have come into even sleepy small towns, think really long an hard about furniture rentals and padded things brought to the curb.  In order for things to be picked up by the trash people, calls have to be made and a fee paid, so most opt toward curb repurposing.  The city tolerates it for one the trash night but nothing can be left for long periods or the city picks it up for a very hefty fee.  Keeps neighborhoods clean, yet recycled.

Jul 9, 2012 6:26PM
avatar

Whoever wrote this article is an idiot.  Buying furniture used is also a risk - pet dander for those who have allergies, fleas from the former owners pets, and bedbugs.  I noticed you said check out college dorms when they clear out for bargains.  Have you ever been in a college dorm room?  Needless to say most of the furniture is JUNK!  Used clothes are fine but better be able to wash immediately or dry clean (if called for).  About the only things for babies and kids include clothing and toys.  Before you report it - do some actual fact checking.  

Jul 9, 2012 6:25PM
avatar

I had to laugh when I saw the first example, buying the car used.  It was said that the 4,000 that was saved could be invested at 10% per year, and then gave a figure what it would be worth.  I am in the financial business. I would like to know where anyone can invest money for a guaranteed 10% return for the next 20 years. 

Jul 9, 2012 6:17PM
avatar

As I posted in another article, the editor placed elements in this article written to touch various "hot buttons" with its readers.

 

And if you wonder why they publish this article in a "slide show" presentation?  You may notice that with each "slide" there is a different Ad placed on the same webpage.  So, this gives "msn.com" an avenue to sell a dozen website Ads, with using the "slide show" presentation mode, instead of a single Ad with presenting the article in a conventional mode.

 

I would not buy used electronics.  There's something questionable about "refurbished" electronics.  Why is it that a relatively new device has already failed, requiring repairs?  It sends a message to me that there could be faults with the design, quality of parts, or workmanship of the electronic device.  In  other words, buying refurbished could be throwing good money after bad.

 

Would a quality electronic device require "refurbishing" when it is relatively new?

Jul 9, 2012 6:13PM
avatar
Just bought a new ford fuson, purchased A-plan plus $2700 rebate 0% financing for 5 years.  So after 5 years I still will have a good car and I will pay  $4000 less than the sticker ..... this including  tax and title..........The deal was to good to pass up and I cant believe buying used could be better.
Jul 9, 2012 5:48PM
avatar

Which planet are you on? With all the 0% financing deals on new cars and special low-lease rates, buying a used car is NOT the wise decision. I used to own a 1999 Ford Taurus. Paid $27000 for it new. 10 years later had to scrap it. Annual cost excluding new tires, oil changes and tune-ups: $2700/year. With the tires and tune-ups and repairs and oil changes probably ~$3000/year.

Leased a brand new Honda Accord for my daughter in 2007 for 3 years. $2000 down, $200/month. Annual cost: $3066. But no repairs, no hassles, brand new car-experience.

Jul 9, 2012 5:28PM
avatar
I remember my grandpa sold my aunt's sofa that was full of flees. My grandpa was so proud of himself for quickly selling it and the guy who bought it was so happy he got a good deal. I felt so bad for the guy.
Jul 9, 2012 5:13PM
avatar
um....hasn't this same article run about six times in the past two years? same article or just copy-catting?
Jul 9, 2012 5:10PM
avatar

Never buy used furniture or clothing unless you know who/where it came from. I've had scabies brought into my apartment from a roomate that bought infected thrisft store clothes. And I know of someone that brought home bedbugs in a chair. The ick factor keeds me from buying these items used anymore.

Jul 9, 2012 4:53PM
avatar
I would never buy furniture used. It's too easy to bring bedbugs, not to mention fleas, lice, or other bugs, into your home. And you have to be careful with electronics and cars, too. Just because it's gently used doesn't mean it was well cared for. It could easily be a waste of money.
Jul 9, 2012 4:51PM
avatar

Well let see at the current rate of growth for investments and savings accounts that $4k would be worth about $4,080 in 20 years.  It may be a long time before we see 10% earning on anything again.

 

Although there are some good points in the article it is mostly another one of MSN fluff n stuff.

Jul 9, 2012 4:50PM
avatar
totally goes against last week's "what not to buy used". come on msn, don't you read your own articles?

Jul 9, 2012 4:47PM
avatar

Why do these "savings" articles always tell you how much you will save over 10-30 years using unreasonable numbers? For example --  "If you can save $10,000 every year by buying used, then compound that money at 10%, in 30 years you'll be $1.8 million richer than someone who buys the same things new". No one is going to save $10,000 per year using the principles mentioned in this article, and since when can you make 10% on your money every year for 30 years. What a crock of crap.

Jul 9, 2012 4:45PM
avatar
Im getting rid of everything..Except my lamp and paddle ball.
Jul 9, 2012 4:43PM
avatar
Please tell me where I can earn 10% on my money.
Jul 9, 2012 4:38PM
avatar
This is a joke, I think it was just last week that there was an article on what not to buy used, and furniture, clothes, and especially electronics wre included there!
Jul 5, 2012 3:50PM
avatar
Pretty much everything except for food right?
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. 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 SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.