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16 Things you should never buy new
Thread starter1still_waters
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I looked through them all. I can't stand those websites that have a heap of click-throughs (one for each bullet in a list). That website got 18 times the cash a one-click article would get because you were exposed to 18 different ads. Usually I just leave those, but I checked this one out.
I agree with nautilus; if I'm buying a bed or a couch, I'm buying that sucker new.
I also agree with buying a car used.
I don't think buying formal attire used is a great idea. First of all, what are the odds you'll find someone who has the same dimensions as you? You can go down to the suit district in L.A. and get a great suit for $50, and get it tailored for $30. You can't afford NOT to have a tailored suit.
I agree with this, but I also feel that if one can truly afford a brand new car, AND they are smart enough to buy one that holds its value well like a lexus for example then a new car can still be a good choice.
I'm a firm believer in buying used cars...99 percent of the time it is a more financially efficient strategy than new. I've had to talk many people out of blowing through their retirement funds to buy brand new cars, it makes NO sense at all to me.