Should You Buy A Refurbished Computer

BY STANLEY ZAROWIN

Q. A dealer has offered to sell our firm two-year-old refurbished computers at prices way below those for new machines. The computers are fully upgraded and carry the same guarantee as new ones. Should we consider it?

A.That’s an interesting question. If you know the dealer’s reputation, the offer may be a good deal—and that may have less to do with your initial cost savings. Consider this: If a computer is going to break down, it’s likely to happen early in its life because of a faulty component. In fact, back in the 1980s, some computer makers and dealers “burned in” new computers for a day or two to filter out lemons. Today, however, with better-engineered components, there is little need for burn-ins because far fewer computers fail. But on occasion they still do, and the real cost of a breakdown is lost time and lost data. So buying a refurbished machine may not be such a bad idea.

SPONSORED REPORT

Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.