Rob the Rich: 8 Things You Can Buy for a Steal in This Recession

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

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.

About the Author

By , on Aug 30, 2009
Timothy Ng
Timothy Ng is a regular writer and part of the team at Credit Card Finder, a 100% free Australian credit card comparison and application service. Visit the Credit Card Finder website for more information on personal finance tips and advice or subscribe to their RSS feed for more practical personal finance articles.

Leave Your Comment (7 Comments)

  1. @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

  2. Walter Jackson says:

    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. 🙂

  3. The CEO Game says:

    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

  4. @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. Len Penzo says:

    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

  6. Craig says:

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

  7. Lucas North says:

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

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Disclaimer

The information on this site is strictly the author's opinion. It does NOT constitute financial, legal, or other advice of any kind. You should consult with a certified adviser for advice to your specific circumstances.

While we try to ensure that the information on this site is accurate at the time of publication, information about third party products and services do change without notice. Please visit the official site for up-to-date information.

For additional information, please review our legal disclaimers and privacy policy.

Notice

Moolanomy has affiliate relationships with some companies ("advertisers") and may be compensated if consumers choose to buy or subscribe to a product or service via our links. Our content is not provided or commissioned by our advertisers. Opinions expressed here are author's alone, not those of our advertisers, and have not been reviewed, approved or otherwise endorsed by our advertisers.