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No, it is legal. Under the "first sale doctrine" of copyright law (US Code 17 USC 109), you can publicly display and sell your copy of a copyrighted work that you legally obtained. If the copy was bootleg when you got it, you cannot display or sell it. You can buy and sell used CDs, LPs, 45s, 78s, 8-track, cassettes, DAT, video tapes, home movies, DVDs, floppies, memory sticks, zip disks, memory cards, etc, at flea markets or in a retail shop, unless you have reason to know they are stolen or contain forged or bootleg copies of unauthorized origins.
"It is generally illegal to rent, lease or lend"any software media or musical phonorecords of any sort to others, under US law, except non-profit libraries may do so. (Id.)
That is incorrect, it is legal to lend or rent out legally obtained DVDs, (with restrictions on showing them in public) this does NOT include music CDs, you quoted the first sale doctrine for selling but it also applies to renting or lending..
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The local video shop often has cheap second hand DVD sales, often the local shopping places such as Target or Kmart also have sales on media which you can keep an eye out.
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