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Reselling a laptop - precautions?

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I'm planning on reselling my old laptop now that I have a newer model. I'll most likely put it on eBay. But before I do that, I wanted to seek out advice on what precautions I should take before selling it. What steps can I take to ensure that the buyer has no possibility of exploiting any sensitive information? I had looked at disk-wiping utilities like KillDisk, but I wanted to see if anyone here had any opinions or experience with such a utility.


Also, I was curious about whether I can legally resell some software with the computer. I have a Windows XP Home CD that I no longer have a use for, but is it legal to resell such a thing to another user? The other software would just be things like driver CDs and Dell system CDs - I don't foresee as much of an issue there, but I want to be on the safe side.



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Something like KillDisk, or any other similar utility that overwrites the drive multiple times, should be fine (as long as you're not selling your laptop to the DOD/NSA :P). As long as you don't retain the Windows license by leaving it installed on another computer, there should be no issues with transferring it to another user.

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