Search Smart Spending:

Yard sales: 6 things to buy and how to get a better deal

Posted Nov 20 2007, 08:45 AM by Karen Datko
Rating:

This post comes from Trent Hamm at partner blog The Simple Dollar.

Let’s face it: Most items at garage sales and yard sales are junk. It's stuff the family conducting the sale wants to get rid of, hoping to make $100 on a good weekend.

With that in mind, I often visit yard sales to look for specific items. Here are six things I usually look for:

  • Old towels. Don’t think of them as towels; think of them as heavy-duty rags. I keep a tub of them in the basement, and, for a lot of things, they’re better if they’re well-worn. If I get them heavily stained with oil, so what? I get them as clean as possible with bleach and keep using them until they fall apart.

  • Junky T-shirts for the whole family. We keep T-shirts to wear while mowing or cleaning in a tub in the garage, and sometimes use them for rags as well.

  • Children’s books. I find piles of children’s books that look as though they were scarcely read, and I pick up a stack for a dollar or two. I look for books for all ages, storing the books that are too advanced for my children.

  • Collectibles I’m knowledgeable about. This includes baseball cards and vintage video games. I usually have a good idea what something is worth, and that has paid off for me many times.

  • Plastic food containers. I'm looking for Tupperware and the like. If the lid attaches tightly but easily, I’ll always take it, because I’m always looking for more storage containers for the pantry.

  • Children’s clothes. Many people who shop yard sales are looking for kids' clothes but surprisingly buy just one or two items. I tend to shop for them late in the day and offer a  lowball price for everything in specific sizes.

Having said that, here are the tactics I use to get even better deals:

Negotiate. Do that knowing that the sellers view the items as one step away from Goodwill or the Dumpster.

Buy large groupings of stuff. Make an offer for all the old video games or all the towels. I usually offer about 40% of the total asking price if it’s early in the sale. 

Offer even less near the end of a sale. If you’re there late Sunday afternoon, make absurdly low offers. I have been known to make offers for bundles of stuff at 15% of what they’re listed for.

Remember, you’re not going to yard sales to find items to display with pride. Look for big bargains on stuff with utility -- and don’t buy things you’re not going to use or need.

Other articles of interest at The Simple Dollar:

The lawn-care dilemma: How much time and effort should you spend?"

 "6 ways planning ahead saved money this weekend"

"Organization 101: A visual guide to how I manage the information in my life"

Comments

 

Salvation Army & Goodwill stores are excellent resources for clothing, small appliances, accessories, some furniture, dishes, home dec items & cheap towels (use for rags)  Not only are these stores great for the purchaser, you are also supporting these agencies in their mission to assist the very needy.

Did someone ask about the downside of having a yard sale? My story is  probably one of the worst. I collected many items from a local dumpster,gift items that needed repair here and there and then attempted to sell them at my yard sale.I was doing fabulous until the police showed up with the owner of the company where the dumpster was located. They told me I stole the stuff and could be arrested. Even though I told them the truth they confiscated all of it but they didn"t arrest me. The worst part of this whole story is that every penny I  ever earned at my yard sales went to spay, neuter and  feed homeless cats that I rescued. That was over two years ago and  I still have nightmares.

salvation army and goodwill want too much for their donations!

I use this saying at the near end of yard sales and it works most of the time." Not to insult you, but if this was worth anything, it would be gone by now" 9 out of ten times they take your offer or give it away cheap. Thank you.

Interesting comments on yard sales.  I often purchase things at yard sales for re-sale or for my own use. I also visit thrift stores and auctions and have had some success in resale with items found there.  I have furnished my daughters rooms and my living room with refurbished items and can often find just the right thing that someone in the family needs when they move into their own place.  Now that I am retired and can put more time and effort into my resale shopping, I believe that my supplemental income will increase.  Yes, it is an effort and time comsuming but provides me with a lot of pleasure to recycle something that someone else considers trash.

I think garage sales are great if you're the one doing the buying. If you are the one having the sale, dealing with people who ask for ridiculously low prices all day is really tiring. If you want a vintage toy, valued at $25 (because I researched this before the sale, people!) and priced to sell for $6, don't offer me TEN CENTS for it!! I will give it to the neighbor's kid for free!! This is why I love craigslist.

Negotiate, negotiate, negotiate.  I have the 30% rule...........offer 30% less than the item is marked.  If the seller won't budge, just smile and ask if they will take less later in the day.  One exception, if you know the item is rare or scarce, or something you have been seeking for quite awhile, then ask the seller if she could take less.  If not, then pay the marked price, if you feel it is reasonable.  Try to deal with a female, as males aren't so willing to get rid of their stuff at a reduced price.

i have to agree with lulu        salvation army and goodwill are asking to much for

there items  they have  

I have been blessed to kind things I desperately needed and could afford.  I bought a 1 year old high horse powered lawn mower for $250.  It was $800 new, I had been shopping new mower in the $150 range and could never afforded the lawn mower I purchased used.  i have 8 children and consider the used couches I purchase for less than $50 a couch- disposable.  We have a local church run charity that has decided (by management) to try to make more money than any of the used store in other communities.  They charge more for their used clothes than walmart does  for their new on sale items.  I think it is a ridiculous diservice to the people who have dependent on used clothes in the past

I was lucky that when I came  home late from work and picking up the kids from daycare I passed a sign that said "midnight yard sale!", I followed out of curiosity and was lucky that they let me brows and see what they had. It was only 7pm so they were not even open. I jokenly pointed at a barbie 4 wheeler and asked the price. To my surprise she told me $25. I asked if I could go get the money and come back, they were happy to help. I saw this at Walmart for over $250 and couldn't pass. My daughters 3rd bday is in a month. What a deal.

    I think it's a great idea to look because you never know what you'll find.

Send a Comment

Comments must be directly related to the blog entry. Comments with offensive language will be deleted. Your e-mail address won't be displayed.

(please, no HTML tags. Web addresses will be hyperlinked):