The topic at lunch at work turned to saving money around the house earlier this week, largely because one of my coworkers suddenly found himself with full responsibility for his two pre-teen nieces. The coworkers who are parents started talking about the best places to get good used clothes, the best places to get food cheap, and other stuff. Not being a parent, I just listened. I’m not at that stage in life.
I’m in a different stage of life, still a relatively new homeowner. Yesterday I paid a grand total of $5 for an ironing board and a stepladder, two things I’ve been surviving without. I’m about ready to quit going to the hardware store and to Kmart.The secret is estate sales.
Estate sales are usually crowded affairs, as people swoop in from all corners of the globe to cram themselves into tiny houses in search of things that are rare, things that are cheap, or best yet, rare and cheap.
I see two types at estate sales. The first is the well-to-do, who are there in hopes of securing antiques and collectibles for pennies on the dollar. The other is recent immigrants, who are generally there in search of inexpensive household necessities. They already know the secret.
The best time to go to estate sales is either really early or really late. If you get there early–it seems like people show up an hour early sometimes–you’ll get the best selection but you’ll pay top dollar. In some cases I’ve seen things priced at literally 10 times what they’re worth. In less extreme cases, I’ve seen tools priced the same as a new one at Sears.
Then again, yesterday I bought a pair of small pruning shears for 50 cents and a sharpening file for a quarter.
If you get there on the last day, reality has kicked in, the sucker prices have generally gone away, and dickering becomes the rule of the day. Prices drop by a factor of two or three, and the later it gets, the more willing they are to listen to prices.
If you’re shopping for household necessities, this is a good thing. The antique furniture dealers have no interest in ironing boards and laundry baskets and trash cans. Recent immigrants do, but chances are they already have those things. Stuff like this is often priced low to begin with, and it gets cheaper as time marches on because the chances of someone buying it are pretty low.
You can get household appliances cheap too. I saw a 20-inch Zenith TV marked at $50 yesterday. I know it works because they had it turned on. I’ll bet someone will get it for $20 today. I saw a washer and a dryer priced around $200 each yesterday. The washer was less than two years old. The dryer was a bit older but it was a Maytag. Those prices were decent, and could go way down if they sat long enough. If you’re willing to live without a warranty, you can save yourself a bundle. Two years ago I paid $900 for a washer and a fridge. A friend gave me a dryer. It looks like it could be 25 years old but it works and I was happy to save $250.
But yesterday I wasn’t looking for appliances. I wasn’t necessarily looking for household necessities either, but I’ve been needing a stepladder and a full-size ironing board. So when I spotted one marked at $4.50 and $6, respectively, I wasn’t going to pass them up. It was around noon, and it was a Friday-Saturday sale. They’d be closing up shop in an hour or two. Anything under $20 was automatically half price. I dragged the ironing board and the stepladder up to the checkout. “Five dollars is fine,” she said.
And it was fine with me too. I still remember the day when I went out to either Wal-Mart or Kmart (I try not to shop at Wal-Mart anymore but I did then), days before I moved out of my mom’s house for good, to buy household necessities. After spending more than $200 on things like trash cans and laundry baskets, there was still a lot of stuff I lacked.
If I’d known then what I know now, I probably could have gone to three sales, spent a grand total of 50 bucks, and ended up lacking a lot less.