If you've looked at laptop prices recently and felt like something was off, you're not imagining it. New devices are noticeably more expensive than they were 12 months ago, and the situation isn't going to resolve itself quickly. Understanding why — and knowing what your options are — could save you a significant amount of money on your next purchase.

What's driving the price increases?

The short version: the AI boom has created a global shortage of memory components, and laptops are caught in the crossfire.

The world's major chip manufacturers have shifted a large portion of their production capacity towards the kind of high-performance memory used in AI data centres. That has reduced the supply available for everyday consumer products — laptops, desktops, tablets — and when supply falls while demand stays steady, prices rise.

This isn't a brief disruption. Industry analysts expect the pressure on memory supply to persist well into the coming years. According to research from Omdia, 83% of customers have already altered their hardware refresh plans in direct response to ongoing supply and pricing disruptions. The majority are delaying purchases in the hope the market stabilises. Others are actively exploring alternatives they might not have considered before.

Refurbished technology is one of those alternatives — and for good reason.

Why refurbished laptops make more sense right now than ever

Here's the thing that's easy to miss in all the coverage of rising prices: refurbished laptops are insulated from the component crisis in a way that new devices simply aren't.

A refurbished laptop already has its memory installed. That RAM and storage was sourced and built into the device before component costs escalated. You're not paying today's inflated prices for those components — they're already there, already included in the price you see.

New laptops, by contrast, are being assembled now, with components bought at current market rates. Manufacturers are absorbing some of that cost, but much of it is being passed on to buyers. Some brands have already reduced specifications on budget models rather than raise the price — meaning you're getting less for the same money, even if the headline figure looks familiar.

The gap between new and refurbished has widened considerably as a result. Refurbished devices were already good value. Right now, they represent exceptional value.

"But isn't refurbished just second-hand?"

It's one of the most common misconceptions in consumer tech, and it's worth addressing directly.

Second-hand means sold as-is, by a private seller, with no testing and no guarantees. Refurbished is an entirely different category. A properly refurbished laptop has been inspected by technicians, tested for hardware and software faults, cleaned, data-wiped to industry standards, graded for condition, and backed by a warranty.

The quality of refurbishment varies between sellers, which is why certification matters. Tier1 holds the BSI Kitemark™ for refurbished IT devices — one of only a handful of organisations globally to achieve this standard. It's an independent verification of the entire remanufacturing process, so when you buy a Tier1-refurbished device, you're not taking anyone's word for the quality. It's been externally audited and certified.

Every device comes with a 12-month warranty as standard, with extended options up to three years available. The failure rate within the first 14 days of delivery is less than 1.5% — comparable with new equipment sales.

What about quality and performance?

Enterprise-grade refurbished laptops — the kind sourced from large corporate environments — are built to a significantly higher standard than most budget new devices. They're designed for intensive daily use over years, not months. A refurbished Dell Latitude, HP EliteBook, or Lenovo ThinkPad that's been professionally restored will outperform a cheap, newly manufactured device in most real-world tasks.

The key is buying from a seller who is transparent about grading. At Tier1, devices are categorised clearly with each grade describing the cosmetic condition honestly. Performance is tested regardless of grade.

The environmental case — which is now also the financial case

Buying refurbished has always carried an environmental benefit. Each refurbished device prevents approximately 225kg of CO2e emissions compared to manufacturing a new equivalent — a 75% reduction in carbon footprint per device. It also saves around 190,000 litres of water per laptop versus buying new.

In 2026, that environmental case has merged with a straightforward financial one. You're not choosing refurbished despite the cost — you're choosing it because of the cost. The two arguments are pointing in the same direction.

For small businesses buying multiple devices, this compounds quickly. Ten refurbished laptops instead of ten new ones: meaningful savings on the purchase, meaningful savings on the environmental impact, and the same level of performance for the work you need to do.

What to look for when buying refurbished

Not all refurbished sellers are equal, so a few things to check:

Certification: Look for sellers with recognised third-party accreditation. BSI Kitemark™ certification is the gold standard in the UK for refurbished IT devices.

Grading transparency: The condition of the device should be described clearly and honestly, covering screen, lid, keyboard, palm rest, and battery.

Warranty: A minimum of 12 months is reasonable. Be cautious of sellers offering less.

Processor generation: If you need Windows 11 compatibility, look for 8th Generation Intel Core processors or above — that's the minimum threshold for Windows 11 support.

RAM and storage: 8GB RAM is workable for light use; 16GB is the right choice for most business tasks, multitasking, and video calls. For storage, 256GB SSD is a practical minimum, with 512GB preferable if your budget allows.

The bottom line

New laptop prices are rising, and the reasons behind that rise are structural rather than temporary. If you were planning to buy new and are now reconsidering, the refurbished market — particularly from a certified, BSI Kitemark™ accredited supplier — offers quality, performance, and value that is hard to match right now.

Browse Tier1's full range of certified refurbished laptops, with free tracked delivery and a 12-month warranty on every device.