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As a rule of thumb, I'd deduct at least 50% depreciation per year. It's actual worth is dependent upon how old it is, what condition it is in, and how many hours it has actually been in use. Hard-drive manufacturers typically provide an MTTF (mean time to failure) expressed in hours. This is the average number of hours of continual use you can expect to get from a hard-drive before it is expected to fail. It is not an exact science, it is merely a guide figure, however, the closer a drive gets to its MTTF the less worth it has. Personally, I treat all second-hand drives with suspicion as it's hard to tell its true condition just by looking at it. You need to install it, inspect the SMART (self-monitoring and reporting tool) information, possibly reconfigure its geometry and soak test it for a week or two before deciding if its really fit for purpose. Even then, there's no guarantee it won't fail the moment you pay for it. At least if its an out-of-box failure you can get it replaced. You just don't get that sort of guarantee with a second-hand drive.

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