Festool does get returned items, but not often. They won't allow their local dealers to sell the refurbished equipment. I was for years sitting pretty in Southern California. The guy in charge of Festool USA lived in Santa Barbara, so they had a distribution/warehouse/showroom there in an industrial park. You would send or take items to be repaired there. Just for your information, Santa Barbara is a picturesque and quaint town but very, very rural. Near nothing. Not even useful as a gasoline or lunch stop a quarter of the way up the coast from Los Angeles on the way to San Francisco. A poor choice for logistics, I would say.
They moved the West Coast distribution to Las Vegas. And then relocated all servicing to the new HQ in Indiana. So your answer is, yes you can buy discounted refurbished tools. But only if you show up at their door. I called regularly to the Santa Barbara facility looking for a C-12. I stopped by twice on North/South drives up the coast. They never had what I wanted. Then, at about XMAS of 2007 they got C-12 in. But under no amount of persuasion would they ship it. As I recall, the new price of the tool was around $340 or $360 and they were willing to sell it for $200 with the Systainer.
If you live near Indianapolis, you just might be Mr. Lucky. Otherwise, dream on.
Gary Curtis