A SECONDHAND or USED GOOD is one that is being purchased by or otherwise transferred to a second or later end user . A used good can also simply mean it is no longer in the same condition as it was when transferred to the current owner. When "used" means an item has expended its purpose (such as a used diaper ), it is typically called garbage , instead. Used goods may be transferred informally between friends and family for free as HAND-ME-DOWNS, or they may be sold for a fraction of their original price at garage sales or in church bazaar fundraisers. Governments require some used goods to be sold through regulated markets, as in the case of items which have safety and legal issues, such as used firearms or cars; for these items, government licensing bodies require certification and registration of the sale, to prevent the sale of stolen, unregistered, or unsafe goods. As well, for some high-value used goods, such as cars and motorcycles, governments regulate used sales to ensure that the government gets its sales tax revenue from the sale.
* 1 Benefits * 2 Risks * 3 Types of transfers * 4 Purchases
* 5 Types
* 5.1 Cars * 5.2 Other items
* 6 See also * 7 References
Secondhand goods can benefit the purchaser as the price paid is lower than that of the same items bought new. If the reduction in price more than compensates for the possibly shorter remaining lifetime, lack of warranty, and so on, there is a net benefit.
Selling unwanted goods secondhand instead of discarding them obviously benefits the seller.
Quality secondhand goods can be more durable than equivalent new goods.
Secondhand goods may have faults which are not apparent even if examined; purchasing sight unseen, for example, from an Internet auction site, has further unknowns. Goods may cause problems beyond their value; for example, furniture may have not easily seen bedbugs , which may cause an infestation which is difficult and expensive to eradicate. Faulty electrical and mechanical goods can be hazardous and dangerous. This is especially a big issue if sold to countries that do not have recycling facilities for these devices, which has led to an issue with electronic waste .
TYPES OF TRANSFERS
Many items that are considered obsolete and worthless in developed
countries , such as decade-old hand tools and clothes, are useful and
valuable in impoverished communities in the country or in developing
countries . Underdeveloped countries like Zambia are extremely
welcoming to donated secondhand clothing. At a time when the country's
economy was in severe decline the used goods provided jobs by keeping
"many others busy with repairs and alterations". It has created a
type of spin-off economy at a time when many Zambians were out of
work. The used garments and materials that were donated to the country
also allowed for the production of "a wide range of fabrics" whose
imports had been previously restricted. The trade is essentially
executed by women who operate their small business based on local
associations and networks. Not only does this provide self-employment,
but it also increases household income and enhances the economy. But
while many countries would be welcoming of secondhand goods, it is
also true that there are countries in need who refuse donated items.
Countries like Poland, Philippines and Pakistan have been known to
reject secondhand items for "fear of venereal disease and risk to
personal hygiene". Similar to these countries, India also refuses the
import of secondhand clothing but will accept the import of wool
fibers, including mutilated hosiery which is a term meaning "woollen
garments shredded by machine in the West prior to export". Through
the production of shoddy , most of which is produced in Northern India
today, unused clothing can be recycled into fibres that are spun into
yarn for reuse in 'new' used goods. The acceptance of secondhand
goods goes beyond the need of the people and into the hands of
government officials. United States taxpayers can deduct donations of
used goods to charitable organizations. Both
Used items can often be found for sale in thrift stores and pawnshops , auctions , garage sales , and in more recent times online auctions . Some stores sell both new and used goods (e.g. car dealerships ), while others only sell new goods but may take used items in exchange for credit toward the purchase of newer goods. For example, some musical instrument stores and high-end audio stores only sell new gear, but they will accept good quality used items as trade ins towards the purchase of new items; after the store purchases the used items, they then sell them using online auctions or other services.
When an item is no longer of use to a person they may sell or pawn
it, especially when they are in need of money . Items can also be sold
(or taken away free of cost) as scrap (e.g. a broken-down old car will
be towed away for free for its scrap metal value). Owners may sell the
good themselves or to a dealer who then sells it on for a profit. They
may also choose to give it away to another person this is often
referred to as freecycling . However, because the process takes some
effort on part of the owner they may simply keep possession of it or
dump it at a landfill instead of going to the trouble of selling it.
It has been common to buy secondhand or used good on markets or
bazaars for long time. When the web became popular, it became common
with websites such as eBay and
As dumped used goods take up space in landfills, some may purchase them for environmental motivations .
The strategy of buying used items is employed by some to save money , as they are typically worth less than the equivalent new items. Purchasing used items for reuse prevents them from becoming waste and saves costly production of equivalent new goods. Motivations for purchase include conserving natural resources and protecting the environment , and may form part of a simple living plan.
Used cars are especially notable for depreciating in value much
faster than many other items. Used cars may have been bought or leased
by their previous user, and may be purchased directly from the
previous owner or through a dealer.
Used bike market
The Sierra Club, an environmental organization, argues that secondhand purchasing of furniture is the "greenest" way of furnishing a home. Used clothing is often donated to charities which sort and distribute it to people on low incomes for free or a very low price. Rather than distributing the clothing directly, some organizations sell collected clothing in bulk to a used clothing redistributor, and then use the raised funds to finance either their charitable or for-profit activities, as they see fit. Used clothing unsuitable for sale in an affluent market may still find a buyer or end-user in another market, such as a student market or a less affluent region of a developing country. In developing countries, such as Zambia, secondhand clothing is sorted, recycled and sometimes redistributed to other nations. Some of the scraps are kept and used to create unique fashions which enable the locals to construct identity. Not only does the trade represent a great source of employment for women as well as men, it also supports other facets of the economy: the merchants buy timber and other materials for their stands, metal hangers to display clothing, and food and drinks for customers. Carriers also find work as they transport the garments from factories to various locations. The secondhand clothing trade is central to the lives of many citizens dwelling in such countries. A dress agent will often deal with a buyer and seller directly, taking unwanted clothes that still have value, and reselling them in a shop.
Vintage guitars also became increasingly desired objects among musicians and collectors during the nineties and afterwards.
Look up GOODS , SECONDHAND , or USED in Wiktionary, the free dictionary.