A lot of times, it pays to scout around and buy slightly used. Especially homes and vehicles. The big ticket items.
The advantage of course, is that you are getting almost the same value for lesser money.
If you take the case of a used vehicle for example, a brand new car, as soon as it gets out of the dealership, it loses almost a third of its value. If you can grab one of these vehicles, with low mileage, you get a good deal!
Not withstanding house prices right now, prices for previously owned houses are relatively cheaper than newly built homes.
What’s more, if you buy slightly used, you are saving the GST. Remember, money saved is worth almost twice money earned!