I saw @Marsh posted something I've seen many times here. I wanted to share how I've managed to use this (great) site and not go broke in the process.
First the rules of the game:
First the rules of the game:
- Refuse to buy new hardware, except in select instances. For example, anything going to a datacenter for work, I always buy new because I don't want old fans and PSUs
- Don't buy anything that is ancient. Nobody will want to buy it from you and it will sit unable to be sold. Xeon 5400 and older, Opteron almost anything and getting close to Xeon 5500 unless it's low power chips
- If buying to play with technology, always resell it within 3-6 months. I've found that keeping stuff for a year only works sometimes. C6100's were a good example where I made a lot of money off the ones I kept for 18 months. That was total luck though.
- When buying used, if you can get yesterday's enterprise for less than today's new, that is a good deal. For example, all of these S3500, S3700, SAS2/SAS3 SSD deals. Some new drives are faster, but in most cases if I'm keeping things, I want them to last. Some of the deals in here for enterprise drives that cost less than mid-range consumer of today, it is an easy decision
- Use the Great Deals forums here. Bar none the best deals for those of us who want to have home/ work labs with different tech at low costs. When I'm buying there used, and resell after a few months I basically end up getting to use the hardware and sometimes make 10-15% or lose 10-15% but it basically evens out.
- Keep gear in good condition. I once dropped a Dell 10Gb switch. That was an expensive mistake.
- Budget what you want and what you need. I've got no issues with spending money on production gear (especially in Great Deals.) Where I've gotten myself in trouble is going out of budget and keeping gear I didn't need to. Do I really NEED a 16TB SAS SSD shelf? For $5000 it is awesome but what am I really doing on it that I need that much SSD space? I ended up selling it for $6000 and made $1000 but if I had sold a month or two earlier I probably would have gotten an extra $400-500.
- Test gear thoroughly when it arrives. I once purchased 4x 8GB DDR3L RDIMMs. Two didn't work but I didn't have time to plug them in for three weeks. Seller said too bad so sad.
- Anything you buy new get cash back for. Newegg sells the same stuff in most cases on ebay at the same price. If I buy off the ebay listing I don't pay the "rush processing fee" ever and stuff ships fast. I get 1% back on ebay bucks and another 1% back from my credit card. I looked at my 2014 purchases and it was about 1.75% cheaper to buy through ebay versus NewEgg unless NE had some strange special. I won't get a credit card just for NE's specials so I'm often left buying less than that. Best part: using ebay bucks gets you more ebay bucks.
- You can resell locally sometimes for a LOT! Some of the better sales I had were local ones on Craigslist. I usually don't post stuff I have for sale on here just because this is a source of awesome deals, not a great place to sell for top dollar.