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Many people cannot afford brand new products, especially electronics. One option for consumers is to wait a couple of years for the current model to go on sale or clearance and take the back seat to a newer one. For me, I know that I can’t afford the newest or trendiest product and usually have to wait before I can buy a new toy to play with.

Luckily, there is another option, but many don’t know about it or are afraid to take a chance with it. Buy refurbished. Yes, refurbished, reconditioned products. The first thought that probably comes to mind is that this is was a broken product and I am going to buy a broken, scratched, or non-working item. That’s not the case.

For a number of reasons, a refurbished product is the way to go to if you want a newer, trendier product for a fraction of the cost.

First, the quality of most refurbished products is as good, if not better, than their original, new counterparts. Often times they are just returned products that a previous buyer did not like and cannot be sold as new, so they are labeled as ‘refurbished’ upon resale. The biggest difference will be a different, ‘refurbished specific’ box you receive the item in.

Second, if they are returned because of a defect, the problem is located and fixed. This means that the problem has already been addressed by a previous owner and will be repaired by the original manufacturer, not a 3rd party repair shop. It will be given a thorough look over and inspection. Also, many times newer parts will be put into the system. Newer more improved versions of the broken part may even be used, benefiting you. Plus, you are buying directly from the manufacturer, so there is a higher standard they abide by, in order to retain their reputation.

Last, is the thing we all want to hear, price. Refurbished products can be bought for 25-35 % off of MSRP, sometimes even more. That’s a rather substantial discount for a basically new product.

So next time you think that you cannot afford the newest laptop or flat screen television, think again and think refurbished!

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