When you shop for tools, look on manufacturer and dealer Web sites for refurbished tools. Often referred to as reconditioned, these products are typically tools that have been returned and then repaired by the manufacturer. When you purchase these directly from the manufacturer or an authorized dealer, you're getting a tool that's nearly as good as new, since it was most likely rebuilt to the manufacturer's specifications. In addition, these reconditioned tools often come with the same warranties as new tools.
Buying used and refurbished tools is kinder to the environment because you are, in essence, recycling the materials used for making those tools. Refurbished tools are also kinder to the wallet -- you can save anywhere from 30 to 70 percent of the price that a new tool would cost.