Shoppers are turning to second-hand buying as cost of living crisis continues to bite

Sales of second-hand goods soared by 15% to £21billion last year as the cost-of-living crisis continued to bite.

A poll of 2,000 adults found six in 10 now buy used goods - and spent an average of £661.20 between August 2022 and August 2023.

This is compared to £484.80 during the previous 12 months.        

Books (38%), clothes (29%), and household items (18%) were the most popular pre-loved items.

And 67% of used goods were bought online, with 26% of consumers using apps like Vinted and Depop.

The study was commissioned by Trustpilot, which has a 'Buy with Confidence' blog and found the surge in second-hand spending is mainly down to the cost-of-living crisis (57%).

But 55% simply ‘love’ finding bargains, while 41% are driven by a desire to shop more sustainably.

Carolyn Jameson, chief consumer and trust officer for the online reviews platform, said: "Consumers appear to be turning to used goods in their droves.

"And while the current economic climate is a major factor, the study shows ethics are important to consumers too.

"Minimising their impact on the planet by choosing pre-loved items is one way to do this."

The study also found 62% of those polled are concerned about the impact of fast fashion on the environment.

Which might explain why half purchased used garments during the past 12 months – acquiring an average of seven items each, typically spending £35.10 on each item.    

It also emerged 51 per cent make a greater effort to check the reviews of sellers when buying such used goods over the web.

When it comes to deciding whether to buy used items of any kind – not just clothes, the top factors are price (74%) and condition (68%

Clear pictures of the item are also important to consumers when shopping online (39%), according to the research carried out through OnePoll.

And the savviness involved in this form of shopping might explain why 16% actively prefer shopping for second-hand items – the thrill of finding a gem.

Carolyn Jameson added: “Used products can be cheaper, eco-friendly and practically new if you know where to look - so it’s a no-brainer in many ways.

"However, it’s likely many consumers will want to make sure that they’re making the best decision for them.

“Despite the thrill of a bargain, consumers still want to know they’re not going to be ripped-off.

"Which is why it’s so important to hear from the experiences of customers by checking out independent review platforms like Trustpilot – to make sure you’re buying from businesses you can trust.”

Do you have a money problem that needs sorting? Get in touch by emailing money-sm@news.co.uk.