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Larry:  
 
Direct IBM refurbs, like mine, do indeed carry a 90-day warranty,   
which is better than none at all.  Occasionally, used machines   
with time left on the warranty are available, with sometimes   
as much as a year remaining!  Some IBM refurbs at half.com   
(VG versus EX) have 30-day warranties, when sold by third parties.   
 
My 366MHz, 6GB TP600E was about $830, IIRC, when new machines sold   
for $2500 -$3000. At that time, similar used machines were ~$600+.   
Presently, 400MHz, 10GB, DVD TP600Es are selling for <$600 on half.com.    
 
An IBM refurb is worth a lot to me, as opposed to some large   
scale dealer somewhere on the internet.  They may claim refurb,   
but most just don't have the facilities to do a proper refurbishment.   
For most sellers, refurbished simply means used, no more. As the   
original manufacturer, the refurbished claim from IBM, backed by   
their 90-day warranty, carries a lot of weight with me.    
 
I don't know how to apply a percentage, since the price trend   
is downward.  As models get older and older, the percentage of   
their new price continues to decline. It's easy to do a price   
comparison by looking at eBay or Half.com, but that's just   
a snapshot in time. Next month, the same model is even less.   
 
 -- Steve  
 
++++++++++++++  
On 10/28/02, Larry Tawa wrote, in part:  
> ...  
>I have recently been carousing the refurbished IBM notebook market.  I am  
>aware that some new models have 3 year warranties (ex T series) while  
>others have a 1 year warranty (ex A series).  Refurbished IBM notebooks  
>have a 90 day warranty.  
>  
>Since I am not following the ThinkPad market, I would like to ask you a  
>very *vague* question.  What in your opinion is a fair market value in  
>buying a refurbished IBM notebook (refurbished by IBM and not secondary  
>vendor)?  Fair market value as defined by percentage of current market  
>price for the same unit in brand new condition with full warranty.  
>  
>Thanks. >Larry Tawa   
>-----------------------------------------  
 
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