UK shoppers to buy more second-hand goods this Xmas, says eBay

Consumers in the UK are likely to buy more second-hand Christmas gifts this year, according to research from eBay.

A study conducted in October found that over half of British shoppers are planning to buy refurbished or second-hand items this year.

The online marketplace said that its research shows that consumers plan to spend more than £100 less on average this year.

The company's Christmas Ads Report found that near two-fifths of UK shoppers are prioritisng value for money this year.

The figures come as many Brits look to cut their budgets as they face rising inflation and soaring energy prices.

Earlier this month, Forbes revealed that 70 per cent of Brits are using Buy Now, Pay Later (BNPL) services more often as a direct result of the cost-of-living crisis.

Over a quarter of users said they did not know how much money was going out of their account monthly as a result of paying off their loans, while nearly a third of those surveyed said they were using BNPL for purchases outside their budget.

“We’re anticipating a shift to pre-loved gifting this Christmas and we want to celebrate it,” said Kirsty Keoghan, senior director of trading at eBay. “There’s nothing better than giving a personal gift, which you know the person is really going to love, and gifting pre-loved allows you to do just that. From luxury watches, to signed football shirts and rare trainers, pre-loved gifts are the answer to all of your Christmas shopping stresses.”

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