Originally posted by: Ike0069
Realize that "Refurbished" means that the product was returned to the place of purchase/manufacturer for a reason Other than being defective. It must then be retested by the manufacturer or a qualified third party, then resold as "Refurbished". It may not have full warranty though.
If you get a good price, this is the way to go as it has been tested twice (originally and after being returned) and shown to be in good working order both times.
Depending on the manufacturer, "refurbished" hardware may well have been defective and repaired.
Some companies make further distinctions (such as 'reconditioned' or 'open-box' or 'factory repaired' as opposed to just 'refurbished'), but some do not. All you can say for certain about 'refurbished' hardware is that it was used to some extent. Maybe a little, maybe a lot. Maybe the person who bought it opened it, didn't like the way it looked, and shipped it right back. Maybe the original user dropped it a couple times and then decided they didn't like it. You just don't know.
With hardware the basically works or doesn't (something like, say, a video card, motherboard, CPU, RAM, etc.), I would be OK buying it refurbished -- as long as I had a chance to examine and test it out, and to return it within a reasonable timeframe if I decided it wasn't up to snuff. In fact, I got my last video card as a refurb off of Newegg, and I've been very happy with it.
However, with something that experiences significant degradation over time (like a monitor, or a hard drive, or a printer), I would shy away from buying a refurb, unless I either had some sort of assurance that it was in like-new condition, or it came with a full warranty.