I am taking the risk of asking a dumb question on the surface, but my question, to elaborate, is this: In the case of Nikon lenses, can lenses only be refurbished by Nikon at the manufacturing level or do they go to special refurbishing locations. Are refurbished lenses, defective lenses that are fixed or are they lenses that have been returned for any reason such as buyers remorse? In other words, will a buyers remorse lens be resold as is if no complaints are claimed or are they inspected and recertified? Do they have some sort of rating such as major refurb, minor refurb or class one refurb for example? If a defective or broken lens is refurbished does Nikon open the lens up and replace any parts in question or do they actually repair the part in question to make it as new? If a lens is certified as refurbished, is Nikon saying that it is as good as a new lens? In other words, if it is refurbished because the VR is not working does nikon also replace a focus ring that has minor wear or any nicked surfaces that are only cosmetic? Do lenses sold by third parties such as B&H or Cameta (assuming qualified to sell Nikon) get refurbished by the seller, ie: does B&H for example send the lens to their repair department and then have it examined by Nikon or is there some other process? I know that some here have actually been to the Nikon manufacturing plant as they allow tours. What was your experience? There is a perception, usually not based on anything but assumptions, that refurbished lenses are not as good as new because the warranty is shorter, but I have heard (not from necessarily credible sources) that refurbs are every bit as good as new when released for resale. Can anyone shed any first hand knowledge or experience on this subject. I know of a lot of anectodal stories of refurbs breaking and others that say thier refurb is still ticking after xx years, but I also hear of new lenses going back for different reasons such as back focusing or weird noises etc.