There are a lot of nice things that we want to buy new.  Whether we like that no one has ever used it, that it came in a nice sealed box or that it is nice and clean like a new car.  Although we like to buy new, that’s not always the smartest thing to do sometimes.  When we buy things new, sometimes we end up paying a lot more than we should and it loses it’s value extremely fast.  So, what should you buy used instead of new?

5 Things You Should Never Buy New:

Car:  Once you drive that vehicle off the lost it’s instantly just lost thousands of dollars in value.  Everyone wants new so when there are miles on it it’s no longer “new”.  I would always consider buying used, just last years model, or buying your lease.  Avoid buying new unless you have 100% cash right up front.

House:  Houses should never be bought new or custom built.  This will be much more expensive than a house that was lived in once before.  If you’re looking for a newer, more modern home look for houses recently built that are for sale.  This is a great time to buy while the economy is still lower.

Exercise Equipment:  Exercise equipment can be very expensive if you haven’t looked into it already.  If you were to buy something like a new treadmill or a Bow Flex you’ll easily spend close to $1,000 dollars.  Although, if you look online at websites like Craigslist you can find these for sale used and much cheaper.

DVDs/CDs:  DVDs and CDs lose their value very fast as well.  We can spend $20 on them, listen/watch them a few times and now they are worth more like $5.  So why buy new?  Always buy used when it comes to these two.

Video Games:  Video games are another thing you should buy used.  Forget buying the new Madden the day it comes out and wait like 3 weeks until someone used it and is already looking to sell it.  Video games are roughly $60 new why not pay for a used price and still get the same video game?

There are a lot of things you never want to buy new.  This is because you will pay a large amount just because it’s new and then a few weeks later or even days it’s now worth half the price.  If you’re looking to buy any of these items make sure you buy them used!

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