These days, buying anything, especially new products, can be a bit of a challenge. Between price increases, product shortages, delays and all sorts of other factors, shopping for the stuff we want can be downright time-consuming and frustrating. However, more people are turning to shopping resale versus retail and discovering the many benefits of buying gently used items.

By 2023, the secondhand and resale market is expected to reach $53 billion in sales. The resale industry is booming – growing 11 times faster than traditional retail – thanks to a combination of factors, including inflation, supply chain shortages and customer demand for more sustainable, affordable ways to shop.

When it comes to shopping for things like clothes, toys, electronics, furniture and more, our tendency is to buy them new. Let’s face it, it’s fast and convenient to be able to pop into the closest big-box store and pick up whatever you need. But have you ever really stopped to think about what buying retail may really cost you? Buying all new products not only costs you more money, but it also has a significant impact on our environment. Bargain hunters can easily tell you there are many benefits to buying gently used goods, including big savings, more value, less impact on the environment and extended life for many of the things we use every day.

Saving Money by Buying Resale vs Retail

This is perhaps one of the most obvious and well-known benefits of buying secondhand. You can often find gently used goods priced up to half off what you would pay if you were buying new. And those savings can seriously add up over time, which means you can buy even more for the same amount you would spend on a brand-new item.

Whether you’re shopping for furniture, power tools, musical instruments, jewelry, or electronics, you’ll be able to find quality items at lower prices than if you bought them brand new. You can also find name-brand clothing, shoes, luxury purses and more for a fraction of the cost. By spending less, your money goes much further.

For example, did you know you can often find genuine luxury items, like coveted Louis Vuitton handbags, at your neighborhood pawn shop? You’ll be amazed at the wide variety of quality merchandise you can find at deeply discounted prices. Check out our tips for the best things to buy at a pawn shop and start looking for great ways to lighten the impact on your budget by shopping secondhand.

Helping the Planet and Reducing Waste

When you consider all the resources that go into creating new products, as well as all the packaging that goes along with it, it’s no wonder our environment is feeling the pinch. For instance, did you know it takes an average of 1,800 gallons of water to make a new pair of jeans?

Buying secondhand means the natural resources and energy that went into creating those goods have already been used. In fact, when you buy used, you’re giving well-loved items a second life, saving them from being thrown out, reducing waste, and preventing old items from ending up in landfills or incinerators.

Supporting Local Businesses and Your Neighbors

Whether you’re buying from a pawn shop, thrift store, consignment shop, vintage store, or a pop-up market down the street, the money you spend stays in your community. Besides being a trusted reseller, pawn shops also provide another valuable community service by offering convenient short-term loans for immediate cash. So, by shopping at your local pawn shop, you’re also supporting local businesses and your neighbors and helping your local economy. Not only do they appreciate your business more than the big-box retailer down the street, they support your neighborhood by using the dollars you spend to invest in their business and supporting other area businesses.

By buying resale at a local pawn shop, you can also benefit more than if you buy from an unknown seller online. From saving time to offering more security, flexibility and convenience, buying gently used merchandise at a local pawn shop is more advantageous than buying on Craigslist or other online resellers.

Finding and/or Creating Unique Items

Besides offering numerous benefits, half the fun of thrift shopping, browsing consignment shops or venturing into a pawn shop is the thrill of the chase. By shopping resale, you never know what you may find, and if you treat it like a fun adventure, you’ll reap even more benefits from your shopping experience. Whether you’re looking for an interesting piece of furniture for your home, a new outfit to wear for a special event, or a cool gift for a special loved one, you’ll find unique, sometimes hard-to-find items at your local pawn shop.

When you buy new, you’re often buying a mass-produced item your friends and neighbors might all have. But by buying used, you get to own special items you can’t find just anywhere. If you’re a do-it-yourselfer or want to make a special piece even more unique, refurbishing used furniture or rehabbing gently loved home goods are great ways to put your crafty skills to work and create one-of-a-kind pieces no one else has.

Appreciating the Art of Second-Hand Shopping

Now that you know more about the benefits, you can better appreciate how fun and exciting it can be to buy secondhand items. And if you’re new to buying gently used items, we can certainly help. Gene’s Pawn is committed to treating you like family. Our business is built on trust, reliability and honesty. We offer only the highest quality merchandise and an extensive collection of pre-owned jewelry, electronics, home goods and much, much more.

Visit one of our three greater Charleston area locations today and take your time strolling through the shop. You never know what you may discover, but we can guarantee you’ll find the best selection for the best price at Gene’s. When you’re looking for a great bargain on a wide variety of quality merchandise, Gene’s is the perfect place! Visit us today – we look forward to seeing you soon!