I personally would not , it’s currently 1189 for a refurbished one on Apple UK , these are refurbished as new with a year warranty and you can add AppleCare+ / AppleCare+ Theft and Loss
Also the Apple UK one with have a new battery compared to the new one that has been sat about for 2 years
The new one will probably have to warranty as it will have expired and you may not get Apple to agree to it
None of this is correct, and being honest , just get a dedicated fall alarm