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I was raised poor and learned to do my own repairs.
I can't justify spending $30-50k on something that loses 1/3 it's value simply because I purchased it.
We managed to get in touch with u/NullibiquitousNoodle and they were kind enough to have a little chat with us about their post.
"I don't remember exactly what I was doing before I thought of this question but I remember being a new follower of r/Frugal and was interested in practices people shared to save money in their daily lives," the Redditor told Bored Panda.
"I asked the question knowing there would be a lot to learn from the community."
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The Redditor said some of the most common responses they've received were regarding second-hand cars, furniture, and technology, and that they understand why.
"I agree, buying [these things] ... brand new is a big financial commitment (and loss) because [they] almost immediately depreciate in value since newer versions and updates are available every year."
"One of my favorites is buying books second-hand," they added.
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"I don't see second-hand shopping as a short-term trend because it's always been around and has always been available as an option," u/NullibiquitousNoodle said.
"Perhaps the instant gratification of buying brand new goods and items are becoming less common and accessible due to rising prices and the velocity of new developments. Buying second-hand could be a long-lasting shift in consumer behavior, depending on the industry."
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They're right. Growth in the market for used clothing, for example, might even outpace fast fashion as more consumers become aware of the environmental, social, and economic benefits of thrift shopping.
In 2022, the sector for secondhand apparel grew 24% from the year before, reaching $119 billion dollars. Even though North America is making up for around 42% of it, the trend is seen across the world.
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"I hope second-hand shopping becomes a standard practice because of how sustainable it is," the Redditor said.
"I like to think the more people are learning about the impacts of mass production, the less they feel inclined to buy the newest, most updated items."
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