In the market for buying and selling goods, there are two kinds of goods. There are second-hand goods, which are goods that are resold for a second time after a first use, and non-second-hand goods, which are new goods. Although the difference between the two types of goods seems to be simple to understand, there is a grey area that many people do not know about. This article provides further explanation.
Second-hand goods can be reused
A good is classified as second-hand when it is reusable after a first use. In other words, with my site, a good is resold when the owner considers it to be in good condition and believes that the buyer can still use it. Second-hand goods include tangible furniture, household appliances, vehicles, motorbikes, etc. If these goods are not depreciated, they can be sold at auction as second-hand goods. However, a product qualified as second-hand must meet the following conditions: it must be capable of being reused, it must be reused after repair, it must not undergo any renovation or complete transformation. Thus, second-hand goods must be repaired before being resold. The buyer has the full right to check whether the good is still functional or not before paying. A good that no longer functions is not a second-hand good.
No-second-hand goods are new
For goods that are not second-hand, they are generally known as new, never used goods. But the small point of confusion is that it is not only new goods that qualify as non-owned. Indeed, a property that has already been used, and before a new sale undergoes renovation or complete transformation, is also considered as a new property, and therefore non-owned. This small difference is felt in the selling price where the second-hand property is less expensive than the renovated (non-owned) property. Non-second-hand goods are also goods that are in storage, damaged by dust, but which are still in good condition. These are considered new goods, as they have never been used. Goods that are to be scrapped are also non-owned goods.