Rob the Rich: 8 Things You Can Buy For A Steal In This Recession

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If you’re cashed up from living frugally all these years, now is the time to go on an eBay rampage! Many rich are now forced to sell of their goodies on the cheap because they too need cash flow to fund their expensive lifestyle. eBay happens to be a great portal to buy just about anything for great bargains. You can indulge your fantasies for your own piece of dream bling or that car you’ve been craving, but never managed to afford until now:

1. Buy a Luxury car at Toyota Camry Prices

luxury cars
Image credit: News Week

Sports cars, any type of car can be had on the bargain right now thanks to the global recession. A lot of people are forced to see their cars in order to raise funds to pay their bills. You can find good deals just about anywhere you look these days: in classifieds, in car yards and of course on eBay.

2. Cruising With A Bruising Thanks To Luxury Boats

boat
Image credit: News Week

Luxury boats are floating the second hand market like never before. If you are lucky to live in Florida or any other popular boating destination with its own top rated harbor you can take your pick right there and then.

Otherwise, it’s back to classifieds or eBay to make your move. Yeah!

3. Castles at Caravan prices

luxury home
Image credit: Treehugger

Now or never is the time to upgrade your home to get one step closer to living in your dream home. As interest rates are still lower than ever before (at least half a century,) you can take advantage and lock in your interest rates with a fixed rate home loan.

With the governments extension on the first-time home buyers grant you have all the reasons to jump on board and make your dreams come true. Now is your best opportunity to save thousands of dollars in the process.

4. Flaunt Your Bling!

Not far away from famed Rodeo Drive — where the rich and famous flaunt their stuff — lies the Beverly Loan Company, a pawnbroker to the upper class. The owner reported to have given out loans to the rich never seen in 70 odd years in business. He hands out loans in return for goodies such as jewelery and some paintings and says the sums are ranging from $50 all the way up to seven figures.

5. Bond Anyone? It’s Gadgetry Heaven Out There!

gadgets
Image credit: News Week

OK, so you might never match the gadgetry arsenal of James Bond, but you can make a dent in your personal geek wish list with all the goodies that float around on the secondary market.

Think refurbished Macbooks, refurbished iPods or buying new from many of the discounted stock sellers in the market place. If you shop around, chances are you too can buy for a nice bargain. I bought myself a digital recorder only last week (brand new mind you) for a steal on eBay. If you know where to look you will save heaps of money.

6. Picasso Or Monet? Now It’s Time To Make That smART Move!

We all know that paintings and art is very personal. What might be seen as a piece of art by one person is considered trash by another. However, art lends itself very well to being loaned in return for extra funds. As it happens, this is exactly what Beverly Loan Company offers its clients. Collateral loans against fine art is all the rage in Hollywood right now.

7. Smart Brides-To-Be Buy Their Wedding Gear with Glee!

Forking out thousands of dollars for a dress that is only ever worn once in your life (provided you ARE female an don’t have some weird dress fetish,) is madness to say the least. Why pay full price when you can buy these dreams of silk and satin for a steal on eBay? Many designer gowns can be picked up for a ridiculously low price these days. If you are lucky enough you might even snap up Jennifer Aniston’s wedding dress since she probably never needs it considering her luck in love.

8. Dress for Less

bargain clothing
Image credit: News Week

Clothes prices have dropped and its time to dress yourself for success at half the cost. Would you rather pay full price for your favorite clothing designer, or would you like to use the sneaky tactics thousands of other buyers are using when clothes shopping?

Do as those collectors, connoisseurs, avid shoppers do and visit eBay to snap up some real bargains. Granted, you probably aren’t too fond of buying Madonna’s used underwear (although some probably are, eek…) but, you might be able to snap up a used leather jacket from some well known celebrity or designer.

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Jeremy Cabral
Jeremy Cabral is a regular writer and part of the team at Credit Card Finder, a 100% free Australian credit card comparison and application service. Subscribe to their RSS feed for more practical articles.

All posts by Jeremy Cabral

8 Comments

  1. gravatar
    Lucas North
    August 31, 2009, 9:16

    Great post – I’m off to find me some bling! lol

  2. gravatar
    Craig
    August 31, 2009, 13:57

    I am looking to buy a new car now that my old one died and hopefully can get a better deal now.

  3. gravatar
    Len Penzo
    August 31, 2009, 16:00

    Interesting article! Thanks for the tips. :-)

    By the way, not only can smart brides-to-be buy their wedding gear more cheaply now, I hear smart grooms-to-be can actually buy mail-order brides at greatly reduced rates too. ;-)

    My $0.02 (after taxes)

    Len
    Len Penzo dot Com

  4. gravatar
    Jeremy Cabral
    September 1, 2009, 3:53

    @Lucas North – lol, good idea mate – you better snap up the bargains while they’re available!

    @Craig – What sort of car are you in the market for?

    @Len Penzo – LOL! Perhaps something meant for another article, another website? Bottle that thought haha! Good comedy!

  5. gravatar
    The CEO Game
    September 1, 2009, 11:38

    Another great deal that you can achieve in the current time is recycling your mortgage for a much lower interest and there for save a lot of money that you earlier owe to the bank

  6. gravatar
    Jeremy Cabral
    September 1, 2009, 19:45

    @The CEO Game – that’s very true, and a great point. I recently interviewed Nicole Pedersen-McKinnon, who is an editor for Australia’s most credible financial newspaper, the Australian Financial Review. She released a book called “Halve your debt, and double your freedom – without the mumbo jumbo! – the credit crunch edition” and she goes in to this very concept in good detail.

    The average Australian could halve the amount of money they pay on their mortgage.

    Here’s my interview with Nicole if you are interested: http://www.creditcardfinder.co.....eedom.html

    You can read more about the book here: http://www.nomumbojumbo.com.au

  7. gravatar
    Walter Jackson
    September 2, 2009, 5:12

    Hey these tips rock. I like the clunker bit about buying jewellery. My wife is celebrating her 50th next month. Might be onto something here. :)

  8. gravatar
    Jeremy Cabral
    September 2, 2009, 9:38

    @Waiter Jackson – Thank you – I appreciate the feedback :) Great idea, jump on to the bargains while they’re around!

    I hope your wife has a great birthday

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