Buying Used Can Be The Wisest Move ~
Clothing is something most people prefer new, but you can sometimes find new-looking used clothing, including designer brands, in some second-hand stores. Used clothes for infants and toddlers are often available, because they grow out of them so quickly. You can also find great deals on used sports and fitness equipment, computers, and furniture.
Vehicles are another great example of how purchasing wisely can save you money, and in this case, big money. It can be tempting to buy cars or other vehicles, brand new, even when the price is thousands of dollars higher than if you buy them used. The average price of a new car is currently around $30,000 dollars. A brand new motor home runs over twice that amount. However, if you decide to buy the vehicle used, you can expect to spend less than half of those prices.
By opting for a used vehicle over a brand new vehicle, not only will you save by not having high monthly vehicle payments, you will save on insurance rates. New cars and other vehicles nearly always elicit a higher insurance rate than do used ones.
This does not mean you will never be able to buy something brand new. What it does mean is by planning wisely now, you can still take care of your transportation or recreational desires while saving money for future new items. For example, if you have always wanted a motorhome for fun trips, you can start by finding used class B motorhomes. You will still get the trip you want, but without going into huge debt over it. The extra money you save by avoiding high monthly payments can go to other things, including money to set aside for a new, better motorhome in the future.
Buying used items does not mean you have to give up quality or performance. If you are not mechanically inclined, and do not trust yourself to fully judge the soundness of a vehicle, bring a friend with you who understands engines, or ask your own mechanic to check out the used vehicle before you buy it. While some used cars may be on their last leg, many are simply sold because their owner wants a different or newer car – it doesn’t mean there is anything wrong with the car’s performance.
Purchasing quality used items now, and pacing your budget, means a lot less stress and the chance to build up some savings. While most people are stressing over their $500 car payment and working just to pay off what they already owe, you can relax a bit and enjoy the extra peace of mind that your hard work and smart planning is creating.