Consumers buying used to save money this Christmas

"The old stigmas are the new realities," says Emanuel Weintraub, a New York-based retail consultant. "Now, people don't have a problem saying, 'I can't afford it.' It's a sign of strength."

By Mike Bauman

As holiday shopping reaches a fevered pitch, many consumers are turning to used items to fill Christmas lists without breaking the bank.

A recent check of local pawn shops and second hand stores has revealed some tremendous bargains and trends, especially in the area of video games.  Wii gaming systems, sold new for around $200, can be found for $99.  There have been no significant upgrades to these systems since their release other than case color.  With a little haggling, one shopper we talked to was able to purchase a Wii console with accessories, a game, and a 6- month warranty for $112, after taxes.

Gameboy SP’s can be found for $25 or less, and while slightly older technology, the Gameboy SP makes a great, cost-effective introduction for new gamers.

Used games that sell for $50 to $70 new, can be purchased, with warranty, for pennies on the dollar at online stores such as www.jjgames.com and at chain stores like Gamestop.

Sites like craigslist.com, gunbroker.com, and armslist.com, connect consumers to sellers of used products.  The downside, of course, is that some used products might be damaged or in need of repair.  Private sellers typically do not warranty their products.  However, most companies that deal in used items will offer a warranty, often for free if you’re willing to negotiate.


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