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Savings Account: Craigslist

By Richard Pachter/MOLI

It's buyer be wary on Craigslist

In previous installments, we've discussed bargain price aggregators like Dealhack and Dealmac, as well as finding bargains at manufacturers' websites.

Ultimately, buying a new computer online is like buying one in person. Do your research, don't purchase anything on impulse, and make sure you know the retailer and their policies.

So how about buying a used computer online?

Two sources we'll look at are Craigslist and eBay. We'll do Craigslist this time and eBay next time.

Craigslist isn't a single website; it's a collection of local and regional sites that offer free classified ads: Buy, sell, jobs, real estate, hook-ups, etc. Chances are, there's at least one where you live. In my case, I reside in an area between two sites, with proximity to a third. But that's just me. Depending on where you live, the local Craigslist site may not be local enough for you to bother with. And that's critical; it's a local thing.

Don't use Craigslist for anything other than local transactions. There are too many scam artists out there, and unlike eBay, you're pretty much on your own. Buyer beware! Craigslist will remove suspicious postings but that's about it. There's no other system in place to prevent fraud, just a warning: "Avoid scams and fraud by dealing locally! Beware any deal involving Western Union, Moneygram, wire transfer, cashier check, money order, shipping, escrow, or any promise of transaction protection/certification/guarantee."

Buying a computer through Craigslist is not for ignorant, timid, or blindly trusting individuals. But it can be done if you know what you're doing and are careful.

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What People Are Saying…

Leave a Comment

  • Richard Pachter

    23:07 EDT, 14.Mar.08

    I'll have to do a future post on SELLING your old machine, too.
  • Roblevine

    22:11 EDT, 14.Mar.08

    I sold my old laptop on Craigslist. It had its share of scratches, and the battery couldn't hold a charge, but the people who bought it wanted a basic machine and they got a reliable one for about $150, with a cheap printer. It was a good deal for both of us.
  • QueenJuliana

    15:14 EDT, 14.Mar.08

    I'm dumping my old EMac this weekend ... not like it's gonna be easy, since it weighs about 50 lbs. But, it has a 17" screen, and gave me no problems. NYC has a tech recycle program now, so at least it will get a chance for a new life.

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