Things You Could Buy Used

Here is a list of things you could easily make do with as a hand-me-down or buy used/pre-owned/second or third hand or buy vintage or unsold old stock and save a pile without any noticeable downside.

1.Houses:Older houses might not have the newer bells and whistles  but you will also not be paying the premium builders charge for them.If you buy a generally sound house and renovate and/or redecorate it you are likely to get better value for your money.Older house might also be in better/more developed neighbourhoods and so have many more intangible advantages.Similarly it makes sense to by older commercial and industrial buildings.

2.Cars:By buying a car from the last months of the past year or a demo-model or a relatively new used car you will save a bundle.Cars depreciate fast so it makes sense to buy a slightly used one.However it doesn’t do to buy a car past its warranty if you are not much of a mechanic and can’t tinker with your own machine.The repair and maintenance costs will make you go broke.Similarly maintaining classics while they turn to vintage models is a way to make money from cars.But this calls great mechanical aptitude,patience,interest and space.Buying other used vehicles from bikes to trucks and boats also makes sense.And you can shop for steeper discounts,the more you know about tinkering with them.Luxury models often sell at steeper discounts simply because the people who buy such items new won’t be caught dead in a second hand vehicle. Read more of this post