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Thema: Used Nexus 50xx switches on ebay - what's the catch?

Hi,

Looking to upgrade a customer who wants performance, doesn't have much money, and doesn't mind buying used equipment (most of their servers are from used equipment brokers, resold after a couple years of use); new 10Gb switches typically run $5k+, but looking at ebay, Cisco Nexus 5010 and 5020 can be had for under $1500, and FEXes are dirt cheap at something like $200 for 48 ports. Obviously that doesn't include smartnet subscription, but if I don't need support or updates, what's the catch? Are they completely crippled without a bunch of expensive licenses?

Please help.

I didn't find the right solution from the Internet.

References:-
https://arstechnica.com/civis/viewtopic.php?t=1268273
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Thanks!