centsationaldeals

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New vs. used calculator

Secondhand is usually cheaper up front, but it may not last as long or may need repairs. Compare the real cost per year of use for new and used, including cleaning or repairs and what you could sell it for later. Nothing is stored.

Buying new
Buying used

Saved up front by buying used

$550

New, per year of use
$77
Used, per year of use
$53

Used costs about $23 less per year of use, on these numbers.

Per year = (price + extra costs - resale value) รท years of use. Doesn't include warranty differences or the value of your time. Estimates only. For safety items, check recalls and what to buy new.

Before you decide