Abbey: Second hand becomes trendy
Abbey has conducted a survey which reveals that increasing numbers of people in the UK are prepared to buy second hand goods as a way of saving money.
Second hand goods may have been scorned by people in the UK in the past, but a survey has found that increasing numbers of Brits are now prepared to purchase used products as a way of saving money during the recession.Abbey, which conducted the poll, found that 71 per cent of people are now happy to buy or own a second hand car, compared to 69 per cent of people last year.
Meanwhile, 50 per cent of people are now happy to buy CDs or music that have been used by others, compared to 47 per cent last year - and there has been a similar three per cent increase in the number of people prepared to wear second hand clothes.
Managing director of Abbey Credit Cards, Roger Lovering, said: "It's no surprise to see Britons reassessing their spending habits at a time when every penny counts."
He added: "Britons' current priorities are very much about good financial management and value for money."
Recently, research by Sainsbury's Bank revealed that increasing numbers of Brits are now fixing things around the home themselves rather than calling in professionals to do the job.
© Copyright
Related Articles
- Voucher site championed for January sales - 13th January, 2010
One leading high street voucher website was championed yesterday (January 12th) for the value it is providing shoppers with in the January sales.
Many retailers have launched promotional offers in an attempt to lure bargain-hunting Britons, who are tightening their purse strings after an expensive Christmas period... - Consumer rights advice offered by BIS - 14th December, 2009
The Department of Business, Innovation and Skills (BIS) has released some information for shoppers unhappy with any Christmas gifts they have bought as part of a new consumer rights advice campaign.
The scheme is to remind Brits that any purchases made over the festive period must still adhere to three golden rules – they should match any descriptions, be fit for purpose and be of satisfactory quality... - Npower sparks further utility bill competition - 15th December, 2009
Consumers hoping to keep their utility bill costs down this winter are being offered an early Christmas present from Npower, which has announced a new market-leading tariff.
As competition among energy providers increases, customers could see their utility bills drop to as low as £907 a year by taking up Npower's new Sign Online 17 Dual Fuel package... - Central heating cover customers told fuel prices 'not set to rise' - 8th January, 2010
Central heating cover customers have today (January 8th) been reassured that their fuel bills will not become more expensive in the coming months.
With a cold snap currently gripping the UK, energy supplies are being tested to the limit, prompting some observers to suggest that prices will inevitably rise... - Advice given for budget weddings - 16th December, 2009
Couples hoping to hold a budget wedding as the recession keeps its grip on the nation's finances have been offered some tips by one newspaper.
The Daily Comet spoke to various marriage experts to find out the best ways to save money on the special day, after revealing the extent of spending that US brides-to-be are willing to make... - Moneysupermarket.com warns of inflated energy bill costs - 3rd February, 2010
The website has warned consumers to expect an expensive energy bill because of the recent cold weather.
Britons are bracing themselves for their highest winter heating bills ever after the cold snap bloated quarterly energy costs by as much as 20 per cent, new research has revealed... - New First:utility tariff 'ideal' for central heating cover customers - 19th January, 2010
Central heating cover customers could save as much as £20 per year by selecting a new energy tariff, it was suggested today (January 19th).
According to research by Confused.com, the cheapest basic deal for households at present is npower's Sign Online 17 tariff, which should offer average annual fuel bills of £907... - Utility bill customers in credit with energy companies - 17th December, 2009
Nearly five million householders in the UK are owed money by their gas company because their direct debit payments have not been updated to reflect lower utility bill prices, according to new research by moneysupermarket.com.
Some £454 million is owed to consumers from energy suppliers – equivalent to £89 each – and even when the £280 million of customer debt is taken into account, gas giants are still in credit by £174 million... - Asda backed to beat Tesco in online shopping battle - 27th January, 2010
A discount website has revealed that Asda.co.uk, the supermarket’s online shopping service, could soon usurp Tesco.com if customer trends continue.
Myvouchercodes.co.uk said that Tesco's website had the majority share of online grocery shoppers with 41 per cent, compared to just 27 per cent for Asda.co.uk... - Take advantage of cheap bargains on Christmas movie deals - 18th December, 2009
Families hoping to get into the Christmas spirit by settling down in front of a classic festive film should make sure they get a cheap bargain on movie packages through their TV service provider.
According to uSwitch.com, 91 per cent of Brits are looking forward to getting the popcorn out with a film this season, with 28 per cent claiming that "Christmas would not be Christmas" without their favourite movie...