I have been VERY frugal. I have a spreadsheet. 
RRP of items bought - £1000.
Actual spend - £176
Includes Silvercross Pram & Carseat, Moses Basket, and many many other things.
Have been an ebaying demon. My pram/Carseat alone should have cost over £750. I paid £100, and the carseat was brand new.
Only new stuff has been baby vests/baby grows and some sheets.
Have made sure, when people offer to buy thing, I've pointed them in the right direction for items that are actually useful/needed.
We're not 'poor' btw, I'd just rather have a holiday this summer, than spend a fortune on new things that the baby may only use for a matter of weeks.
Also, it's our second - and you're a but more realistic about what you actually NEED. 