the.com/resale
Where you discover your purchase was actually a 40% instant donation.
means The act of selling something you previously bought, usually to someone else, often for less than you paid.
from A straightforward 16th-century stack-up: the prefix 're-' (again) bolted onto 'sale,' which traces back through Old French 'vente' roots to the Latin 'vendere,' to sell. No hidden drama here — it's just 'sale,' done a second time, exactly as advertised.
- depreciation shock
- cars lose roughly 20% value the moment you drive off
- exception
- sneakers and handbags sometimes appreciate like tiny assets
- platform cut
- resale sites often take 10-30% commission per sale
- psychology
- people overvalue items they own, economists call it endowment effect