Two preamps are available....


Question:  Two preamps are available for sale on Audiogon.....both are listed at the same, identical price. 

One is factory refurbished and "as new" with manufacturer's warranty from an Audiogon dealer and the other is in 9/10 condition from a private seller.  Both sellers have excellent feedback. 

- Which one would you buy and why?  
- What are your positives and negatives about units that are factory refurbished?

Thanks. 
128x128gerryn
  You guys are right about McIntosh. I have owned McIntosh units for decades and have sent three tuners to the factory. All come back in perfect working condition, and look like they are brand new.
Are both preamps the same ?   Model, vintage ?

If price is the same, then the warranty is free.  I would verify the guarantor of the warranty....dealer (good luck), factory (great).

If the price drops on one of the units, then weigh how much a warranty is worth to you.
Used units used sparingly could be amazing. A used unit by someone living 10 ft from the ocean would be a problem as salt water corrodes electronics especially open designs like tube gear.
Even very good capacitors have a set period of time like 15 years after which a new set would be cool to have.
Refurbished units are also used units. No the caps are still the same unless they have been replaced.
Several good units are available from dealers that are refurbished to save you some money.
Look us up if you have more questions. www.sunnyaudiovideo.com

If its as reputable company the refurbished would be thoroughly checked over before put back in the box.  With usual quality control it will be checked,  but not always as much as a refurbished unit.  At least, that was how it was when I worked for a turntable company years ago.  The quality check can be more intensified with a refurbished unit.
Guys, that was just a general statement.  Obviously , boutique manufactures such as McIntosh will put a lot more effort into re-certifying and working to present "refurbs".  I did not now which particular preamp the OP was looking at.  There are some companies that will just be "does it make sound?  Then certify it!".
The "factory refurbished" really doesn't mean anything. They usually just do a full test and don't repair anything. You will have a limited warranty, however.
This statement is often false. For example, if we have updated one of our preamps it comes with a new warranty just like new.
+1 for @mofimadness 

McIntosh doesn't fool around.  You'll own it until it becomes an heirloom or you get bored with it.  It doesn't get higher value than that.
Sorry, but I'm going to jump in here again.  I was in the high-end audio business for over 25 years.  Not once did I ever send a "demo" unit back to the manufacturer, (unless there was an upgrade to the model).  We always sold our demo units at a discount.

I would be more worried, (if I was to worry over such a thing) that the used unit might have been a dealer demo.

Also, as good as NAD is, it's not a McIntosh.

Again, buy the refurb and don't worry, be happy :-)
Thanks, ejr1953.  I will ask.  The refurb unit will come with a 3-year warranty which is "good news" in my humble opinion. Just hope it's not a dealer demo as you describe above. 
I'd go with the manufacture date as well.  If the "refurb" unit was a dealer demo, having working in some high end dealers in the past, most of the equipment on our floor had LOTS of hours on them, most turned "on" in the morning, left "on" all day, six days a week.  Back in the day I bought a "demo" NAD receiver which developed a left channel out problem, and the "warranty" the dealer gave me was worthless, they never fixed that problem.
@gerryn...if it's a McIntosh, then rest assured it was completely gone through and made like new.  McIntosh is a very obsessive company when it comes to their products.  One of the best out there as a matter of fact.
Thanks mofimadness.  This is a McIntosh unit... and since you've sold b-stock units, you should know and I can understand why it's manufacturer dependent.  
The "factory refurbished" really doesn’t mean anything. They usually just do a full test and don’t repair anything.
Sorry, that’s not entirely true. It depends on the manufacturer and what was originally wrong with the unit. I sold hundreds of B-Stock units and had just as much success with these as any new units. I have also owned quite a few refurbs and never had a problem.

Buy the refurb...
Sometimes the date of manufacture is printed on the serial number sticker.  It is usually displayed as month/year, such something like "05/14" or "05/2014".  Not all manufacturers do this.
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Ask for serial numbers.  Then check with the manufacturer to see if they can tell you the exact date of manufacture.  Then buy the newer preamp.  In all audio equipment, the electrolytic caps will age.  The younger device will most likely have the longer life (as far as continued sound quality).

The "factory refurbished" really doesn't mean anything.  They usually just do a full test and don't repair anything.  You will have a limited warranty, however.

All things being equal I would get the factory refurb, just because it was just looked at by the factory.
Who in the end can give me the best price might end up getting the sale.sS

just wonder with the warranty one is there any grey area if something should happen ?