I recently switched from a 2015 iMac to a 2020 iMac (base Model), maybe been about 6 months. I got this as an even trade with my 2015 iMac plus a Macbook, so it really cost me next to nothing to get. I added 32gb of OWC RAM.
I did extend the AppleCare+ when it expired in September for $59 bucks. I've had some Kernel panics with GPU not found and "userspace watchdog timeout: no successful checkins from WindowServer".
I was thinking of bringing to the Apple Store, but are you saying this is NOT a failing logic board? This is a driver issue? Should I dump this machine and move to a 2019 iMac instead, are those more reliable? I really just took this one because my 2015 had the pink hue issue and of course was stuck on Monterey. I'm now on Sonoma with this and it runs fantastic, other than very occasional crash. Last 2 have been while it was asleep.
I do run a Dell 43" 4k display as well as I have some external hard drives plugged in, that's it. do nothing special on this other than run Microsoft Office apps, Outlook, Teams, and Citrix to remote into a virtual machine all day, everyday.
I guess since I have the 43" display, I can just get a Mac mini?? I don't know, I still like having the retina 5k display by it's side, with built in speakers, camera etc.. I have a M1 MacBook Air, it runs great as well, but I don't want a laptop to run my main machine.