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I have an older (2002) computer that is doing nothing in my cellar. Can I use its hard drive to back up my current computer and if so, how do I do that?
what os ? you could use microsoft backup. Is new and old pc a desktop ? just same your time, pull old HD out and drop iun new pc. backup directly to the old drive. If you have a desktop to laptop, create a folder for backup on old pc and open a share and backup via your home network settings after you mapped it on the new drive. All of this is free.
I don't recommend using an 8 year old harddrive for backup. It is probably too small to make it worth your while taking it out of the old computer and putting it in a case to use as an external harddrive for backup. And the reliability on an 8 year harddrive isn't the best.
Take a look at how much data you have on your new computer to see how large a harddrive you need to back it up. Depending on how tight your budget is, get 1 terabyte external backup (that's 1000 Gigabyte) or for a little less get around 320 to 500 Gigabyte.
Do a search and you'll find them at a number of retailers with products for less than a $100.
I typed in "best buy external harddrive" and got a number of hits at Best Buy that would suit you. You plug them into your USB port and back up your computer.
If you need more help, just stop by your favorite retail store for computer related products and they'll explain everything to you.