Your Money

6 things you should never buy new

- January 11, 2022 3 MIN READ
Things to never buy new - a dog

No matter how nice the idea of buying something new is, there are some things you should just never buy new.

The easiest way to save money is to not spend it. Which is easier said than done, of course. However, there’s one way to make it a breeze and that’s to have a few rules in place about what you’ll always buy second-hand. That’s right: things you’ll never buy new.

That’s because there are certain things it makes no financial sense to buy straight off the shelf. No matter how much money you have to burn. For instance, here are six things it’s actually better to buy second-hand.

Pets

Buying a pet brand new just doesn’t make sense. Firstly, it’s expensive, and secondly, there are so many animals at rescue shelters waiting to be, well, rescued.

At the end of the day, you’ll get the same amount of love and fun from a pet no matter where you get it from, or how much it costs. So forget the pricey purebreds and head to the local dog shelter or RSPCA instead.

Cars

Cars lose value as soon as they leave the factory, so buying second hand – even if it’s last year’s model – can save you thousands.

Jump online to compare the value of particular years, makes and models to get an idea of what’s available for your budget, and don’t forget to bring your negotiator’s hat when you’re ready to make an offer.

The financially sensible guide to buying a car

Furniture

Pre-loved furniture usually wins when it comes to price, and often when it comes to style, too. It’s vintaaage, daaahling.

Plus you don’t have to spend hours putting it together, as someone else has already done it for you. We’re looking at you, Billy bookcase.

An eclectic mix of furniture gives your home character, along with some good stories to tell. Plus it’s a lot of fun scouring second-hand shops or going to auctions to find your next piece.

There are also lots of DIY options when it comes to sprucing up old pieces. So why not make the most of furniture that doesn’t come in cardboard boxes?

Books

If there’s one thing to commit to never buy new, it’s got to be books. With hundreds of free books to download on e-readers, plus a library in most suburbs, this one is a no-brainer. Of course there’s nothing like cracking the spine of a new book, plus the smell that goes along with a freshly purchased paperback.

But think of the trees and the money you’ll save by buying them second-hand or borrowing from the library. Alternatively, invest in an e-reader to get the latest releases for less than the cost of a hard copy.

Whitegoods

It just doesn’t make sense to buy these expensive items brand new.

Whether they’re ex-rentals, used items, or factory seconds, there are savings to be had in shopping around for a fridge or dishwasher in good condition. Just make sure it works properly, has a good energy rating and don’t be afraid to negotiate on price.

Baby stuff

From clothes to car seats, prams to playpens, using items handed down from others or bought second-hand can equal big savings. Kids don’t care if their toy or pram isn’t brand new, so you shouldn’t either.

And resist the urge to dress junior in the latest trends. They’ll grow out of their catwalk clothes before they are even aware they’re in them.

Generally speaking, anything you can source second-hand for your bubba is a sensible idea. Instead of buying them the latest expensive ‘must-have’, put the money towards creating a ‘future fund’ for them instead. Trust us, it will be money much better spent.