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December 12, 2011

Does buying refurbished make sense?

The holidays are here, deals are heating up and it’s one of the craziest purchasing periods of the year. When it comes to electronics – whether it’s for you, or a gift – be sure to check out the refurbished option. For some, the r-word is a little dirty, but for others, it’s a great way to save cash on a fully guaranteed item. So, to answer the (probably rhetorical) question I posed in the headline: Yes, buying refurbished DOES make sense; and I’m about to tell you why. Is ‘refurbished’ actually ‘used’? Nope, but maybe technically? Here’s a breakdown of how most retailers classify the following terms: New – as in brand new, never been opened, factory sealed, fresh. Redistributed – brand new, never been opened, shipped, returned (but still hasn’t been opened) Refurbished – brand new item that has potentially been shipped, opened and returned – OR an item that has been built with new pieces from a returned item. What about the warranty? Most retailers (especially the ones listed below) will sell refurbished items with the same warranty they offer on brand new gear – except, expect to get a price reduction of about 10-25%. That’s HUGE
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