Is Used Tech a Good or Bad Idea for Your Business?
Buying Used Technology...is it worth it? Keeping all the tech in your business current, fresh, and up to date can be a challenge. If your business is young or your margins are tight, replacing a fleet of tired, aging laptops might be a painful financial hit, too. One option that could save some money? Buying your upgraded tech used, rather than new. (But notice we said “could,” not “will” — more on this later.) Lots of people (and businesses) are doing it: secondhand electronics were a $93.7 billion industry in 2023. But should you? The truth is there are pros and cons to buying tech used, and if you do it the wrong way you might even open up your business to bigger digital threats. Why Go Used? Used Devices Are Cheaper The most obvious reason to buy used is saving money. It’s true that two years ago’s iPhones are cheaper than this year’s, and the same goes for business laptops, monitors, and just about anything else your business needs. Reality Check: You May Save Less Than You Think ...