I guess that $2400 M1 machine is a 14 inch machine with 16GB memory and 1TB SSD.<p>Looking at <a href="https://www.apple.com/shop/refurbished/mac/1tb-2021-14-inch-macbook-pro-16gb" rel="nofollow">https://www.apple.com/shop/refurbished/mac/1tb-2021-14-inch-...</a>, Apple sells that machine refurbished, for $1929.<p>So, the question is whether it is reasonable that Apple would take about $1000 for refurbishing + margin.<p>I think one <i>could</i> answer that question with yes because Apple is Apple and spends more time and money on refurbishing than your average second-hand seller.<p>They wipe the disk, install the latest OS, take the machine apart to clean it, if needed replace parts (and that’s likely needed. People with machines in pristine condition likely will get more for their machine than Apple pays elsewhere), put it through their regular testing process and put it in a new box.<p>Few of that will be automated, so it easily could cost a couple of hundred dollars (complete guess). They also will want a reasonable margin, which, for Apple, will easily be in the 20% range.<p>Also, the new M2 machine with the same size screen, RAM and SSD costs about the same as the M1 one cost a year ago. For about 25% more than that refurbished machine, you can buy a new one that’s about that amount faster.<p>That likely makes reselling the M1 machines at that price harder.