Is the i5 3470 still a good buy?

[smerd]

Hi, guys

I have an old PC with a LGA 1155 motherboard (Intel DH67CL ATX) with an i3-2120 and 8gb if ddr3 ram and 1TB 7200rpm HDD.

I want to upgrade to something that can do some light video editing (just gopro software and such as this is too slow)

I am torn between two options:
I can pick up an i5-3470 for £40 if i trade in my current cpu and then also add a graphics card.

OR

Not sure if i should save the money and upgrade to newer system (LGA1151) as the i5 above is quite a few generations old.

The question really is that is a is a 3rd gen processor still up to the task or would i just be wasting money?

Thanks for the help in advance

 

[Trafalgar747]

The i5 3470 is still a decent performing processor, and the price that you are getting it for seems to justify it. A new i5, mobo and ram would come up to about £350. I would defenitely recommend buying the i5 3470 now, and then upgrade later down the road to maybe an i5/i7 or Ryzen 5/7.

 

[smerd]

Thanks, That was the answer I was hoping for really - was just worried an older processor like that, even with good on paper specs, might be an issue to use today