Thursday, June 24, 2010

Buy Used Rather Than New

We are often dazzled by things that a new and shiny, but forget how much we can save by buying used. Purchasing used goods is especially useful for furniture, cars and other larger more expensive goods.

Used cars are a good example of how much you can save. Sure some people will argue that by buying new you may avoid a lemon car, let those guys be the suckers. As soon as you drive that car off the lot it loses 30% of its value. A car loses most of it's value between 2 to 3 years while still maintaining good years ahead of it. It's important to have a good mechanic who can do a proper inspection. It's also important to shop around. You may be able to find someone who cannot afford their car and is forced to sell quickly. With a bit of patience and a good eye for deals you can save bundles here.

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