The philosophy that only brand new commodities have good qualities is no longer true. Today, people all over the world are discovering the value of becoming a wise purchaser. Being a wise and critical purchaser means looking at all kinds of commodities and considering their functionality and prices before purchasing them.
This emerging philosophy of buying useful things at the least possible cost may have been influenced by receding income and increasing prices. People are no longer as concerned nowadays with the fact that a commodity is brand new or second hand. This may also be the reason for the popularity of garage sales and second hand or refurbished shops.
Why buy new and expensive items when anyone can look for refurbished merchandise at lower costs? Refurbished merchandise means items that may have suffered factory or manufacturing defects but have been repaired already, items that have been returned to the manufacturers for one reason or another or items that have been sold but were returned by the buyers making them second hand goods.
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