Dell Inspiron 8000 problems

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Someone I know just recently gave me an Inspiron 8000 but he says the hard drive is messed up. I try to turn it on and it has the Dell loading screen, then the screen goes black, but then it just going back to the loading screen. It does that process over and over. The hard drive does make a suspicious clicking sound every time the screen goes black. The original OS was Windows ME but I'm not sure what it is now. Should I risk $60 (on newegg) and buy a new hard drive? What should I do?
 
if it si merely the hard drive that is bad. ( and it definitely sounds like the HD is toast) you should get a boot up message about no boot device found etc.

try accessing the bios during boot up, if you can then replacing the hard drive should give you are workable laptop. if he didnt give you the dell xp disk your goiing to need a copy of windows.
 
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