What about Lenovo Refurbished laptop?

I was looking into their outlet site.. and I found these two that I am pretty interested...

X220 Sale Price: $1,145.61

Outlet Part Number 428R9E49D5
Condition Refurbished
Processor Intel® Core™ i7-2620M (2.7GHz base; 3.4GHz Max Turbo, 4MB Cache)
Operating System Genuine Windows 7 Home Premium 64 - English
Total Memory 4GB PC3-10600 DDR3 1333MHz SDRAM SODIMM Memory
Hard Drive 160GB SATA 1.8" Solid State Drive
Display 12.5” HD WXGA (1366 X 768) IPS, LED, W/ 720p HD Camera
Graphics Intel® HD Graphics 3000
Optical Device Optical Not Included
Keyboard/Pointing Device UltraNav (TrackPoint and TouchPad)
Battery 9 Cell Lithium Ion Battery (Up to 2.8 Hours Run Time)
Ethernet/Wireless Intel® Centrino Advanced-N + WiMAX 6250
Mobile Broadband Integrated Wireless Wide Area Network upgradable
Bluetooth Yes
Integrated Camera Yes
Color Black
Fingerprint Reader No
Form Factor Laptop
Limited Warranty 1 Year Depot Warranty
Manufacturing part number 4286CTRR9E49D5

X220 Sale Price: $883.21
Outlet Part Number 428R9D3D2V
Condition Refurbished
Processor Intel® Core™ i5-2410M (2.30GHz base; 2.9GHz Max Turbo, 3MB Cache)
Operating System Genuine Windows 7 Professional 64 - English
Total Memory 4GB PC3-10600 DDR3 1333MHz SDRAM SODIMM Memory
Hard Drive 128GB SATA 1.8" Solid State Drive
Display 12.5” HD WXGA (1366 X 768) LED
Graphics Intel® HD Graphics 3000
Optical Device Optical Not Included
Keyboard/Pointing Device UltraNav (TrackPoint and TouchPad)
Battery 6 Cell Lithium Ion Battery (Up to 2.5 Hours Run Time)
Ethernet/Wireless Intel® Centrino Wireless-N 1000 (1x2 bgn)
Mobile Broadband Integrated Wireless Wide Area Network upgradable
Bluetooth No
Integrated Camera No
Color Black
Fingerprint Reader No
Form Factor Laptop
Limited Warranty 1 Year Depot Warranty
Manufacturing part number 4286CTRR9D3D2V

The question is... is it okay to buy refurbished laptops?
Are they likely be returned because there were errors on the laptops?
And does the price looks resonable compared to their spec...? including it's a "refurbished" ones...

Thanks

 

Yes, a refurbed laptop from the outlet is most likely a return, though they do have new and never shipped at the outlet as well. The thing about notebooks purchased form the outlet is you get a one year depot warranty with no opportunity to upgrade the warranty. There's no IWS and you can add on-site or accidental coverage down the road if you wish. If you're OK with that, then the outlet can sometimes offer good value. I bought my own X200 there. I think you can do better just waiting for good coupons and configuring a machine on Lenovo's site. My own X220i, though not as well specced, costed $750 shipped.

 

So what's the warranty really about?
Unless I punch the laptop with my knuckle, if the laptop has some issues,
Lenovo will fix it for free under 1 year? And after the one year, I can't claim
on issues that the laptop is having?

If so, I am pretty okay with that.
What's the difference between the warranty and the on-site or accidental coverage?

 

Why buy used when you can get these for the same price new?

Lenovo - ThinkPad Early Bird Savings + Daily Deals

 

Hi...
Even with that savings... the price was way higher for the new ones when I compared to the refurbed ones...

 

Using the barnes and noble gold site, I got my fully loaded X220 (minus SSD) for less than the one you listed.

After adding in the four year on site accidental warranty and tax, I spent 1400 but pre-warranty extension and tax (which yours are) it beat that hands down.

 

what's the barnes and noble gold site?