Buying used tech (and reselling it later) is a win-win. It's good for the environment and good for your wallet. But to get the most for your dollar, it's useful to know which items tend to hold their value over time
So don't mistake the intention of this explainer: I'm not telling you to avoid products that depreciate quickly. If a product is well reviewed and known to be of high quality, it might just not be in high enough demand to score big prices on the used market—which means you can buy it used and negotiate a killer deal.
On the other hand, if you're buying something you plan on upgrading soon, you might want to make sure it's from a brand or product category that'll hold its resale value better, so you can sell it for more when you go to replace it. You don't want to drop $1,000 on a phone, only to get stuck selling it for $400 next year.
That said, the more you buy used, the more you save—and the better imprint you make on the planet. If you're the kind of person who shops regularly on the used market, it can really add up. These depreciation stats are less meaningful to those who only so do occasionally. For the latter camp, these guidelines can help you navigate those big wins—a 20 percent discount might not be worth it to you, but a 60 percent discount is hard to pass up.
The same goes for selling. Those gadgets in your closet may not be selling for as much as they used to, but don't assume they're worthless. "People may not realize something they have has value," says Beane. "They might not think the old smartphone or laptop or gaming console is worth anything, but there's probably someone out there that wants it.
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