To Buy or Not to Buy (Refurbished Equipment)? That is the Question.

The dilemma of purchasing refurbished equipment has Shakespearian importance. The initial cost savings is an appropriate reason for considering the purchase of used equipment that has been modernized and updated. The greatest concern in procuring refurbished equipment is rightfully the potential long-term expense of maintaining this piece of equipment as it ages. As technological innovations constantly increase, the need for up-to-date equipment becomes more of a necessity, so where does one find the balance between technological trend and cost? Has your company had positive results with the purchase of newly refurbished equipment, or has the item become a money pit and exhausted funds? Share your experiences…