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.

[fruktik]

Really I have seen such weird questions on this board. How can we answer directly why people buy second hand products and the OP actually took out the popular reason why people buy second hand products which is financial reasons now the OP wants us to manufacture other reasons why people make that decisions.

 I honestly think a question has been asked by the OP and also in the same body of the post that question has been answered by the OP.

Indeed, the reason people buy used goods is already quite clear: it makes economic sense and is far cheaper than buying new. It is all very straightforward.

If the thread starter wants to know another reason, I can name one. For instance, it might be a unique item that is no longer in production—like someone dreaming of a car that was discontinued decades ago.

[viljy]

Consumers may prefer secondhand items for many reasons, but the main reason among them is saving money (a lack of money to buy new ones). I think this is so obvious that there’s no need to even think about it.