Why secondhand products?

[Sobz]

In my country Nigeria alot people prefer buying secondhand products because they are certain Nigerians that imports fake products that doesn't last for long time and sell them in a huge amounts of money. Some are trying not to involve themselves of buying fake products.
Example electronic devices.

Apart from that their are some electronics that the averages people wont be able to afford. In countries that the minimum wage is very low people can only afford a secondhand devices. If people's income is very high and can afford a brand new they will go for and the original one no matter how fakes are common in the market. The purchasing of a secondhand products is far beyond fake in the market but it has to do more with financial ability because people would always want a brand new but they have no option than to go for the price tag they can afford comfortably.

[Rengga Jati]

People in different places usually choose secondhand products instead of new ones. Tailoring it down to vehicle, between secondhand vehicles and new vehicles which one is mostly purchased yearly? Saving some money upfront can be a reason but aside that, what is the actually reason or financial logic, depreciation math or what?

In my country, many people still prefer secondhand purchases. Be it vehicles, clothes, bags, shoes, or even houses. In fact, the data continues to increase year after year. The percentage of secondhand vehicle purchases in my country continues to increase over time. Demand also continues to rise.

I personally chose to buy a secondhand vehicle at that time. If I had enough money, I would have preferred a new one. But at that time, my funds were only enough for a secondhand purchase. I'm sure many people felt the same way, so they preferred a secondhand vehicle. However, everything has its pros and cons.