Many of the expensive Snap-On tools my friend has bought didn't hold up as well as he hoped,considering their cost..
A 1/2" air impact gun he bought with over 1000 ft/lbs torque quickly became his favorite,if that thing failed to loosen something,nothing else would..
But after 6 months or so of daily use,it ended up losing power and then locked up completely,and he takes care of his tools,air tools he oils frequently and keeps them clean,and his compressor has a water separator and it gets drained every few weeks..
When he gave it to the Snap-On guy to get it repaired,he didn't get it back for almost 2 months,and he'd paid over $500 for it,the repair bill came to about half its original cost..
It now works as well as it ever did,but he's not planning on buying another one from Snap-On..
He's been burned on other tools he bought off the truck--one was a stud remover he paid $150 for,and a week later he sees the exact same brand of tool in 2 places--an Autozone store,and a flea market,for $20!..he paid $75 for the Snap-On one,and there was "no warranty" once it failed..it was imported too,not USA made!..
Even if you spend thousands on tools from a tool truck,your chances of getting a replacement under warranty is "iffy" at best too..most of the sockets he ends up cracking ,are "not in stock" when the truck comes again,and have to be ordered,and they always seem to have some excuse to not replace a costly tool that could be repaired,forcing him to wait weeks for them to determine it wasn't due to "abuse" ,then get it fixed and returned--many air impacts he paid a lot for were "no longer available" after a few years when they needed parts or a rebuild too..
Stores like Harbor Freight that just hand over another new tool without the third degree will likely become more popular around here now that they have opened several new stores nearby...granted some of their stuff isn't exactly great quality,but the same can be said for many tool truck brands too,at much higher cost..
I can't see paying $200 for a set of a dozen 1/4" drive sockets from Snap -On when you can buy them for $10,it's not like your going to put 200 ft/lbs of torque on a 1/4" socket..some tools my friend buys like that are ridiculously expensive,and I'm not sure if it is just for "bragging rights" or what,it just seems a waste of money to me..
Ditto for a tool box on wheels you can get for $200 at HF,when Snap On ones cost $1000 for a similar one--does a homeowner really need a $1000 tool box when a $200 one is "good enough"?..
That exactly sums up my experience with Snap-on also. I spent a lot of money over the years for tools but for some strange reason I only had a Snap-on dealer at only one shop I worked on right after I came out of the Air Force and that was the tire store I owned. One of my mechanics had a account and owed the guy money so weekly visits. One the mechanic paid him off no more Snap-on dealer. I also had the thing I would not pay thousands of dollars for a steel cabinet to store tools when a several hundred dollar cabinet would do the same thing.
I got the cheap attitude from the Air Force and the low bid environment and learned that fugal was the way to go on the tool box after all it only stores the tools. I did buy professional level tools when I went from the Air Force to civilian world but then I also did a low bid and ended up buying a complete set of basic hand tools from Bonney. They had similar quality back in 1983 as the major brands (Snap-on, Mac, Matco and Cornwell) but around 1/2 to 2/3rd the cost of the majors.
After I retired the tools came home and 90% of my Bonney tools were still with me and I then started on eBay to rebuild my Bonney toolset as Bonney went out of business in 1995 so no lifetime warranty as the tool division of the company (after three different owners in 20 plus years the final owner pulled the plug) is now gone.
My experience with the Bonney tools working for 30 plus years was they were excellent tools and stood up well as I only broke three items over the years and that was a flex head ratchet and 2 sockets. The rest of the tools went missing over the years were either borrowed or swiped by persons unknown. I did recover a set of crowfoots that were stolen and found in a pawn shop and after showing the marks I put on and showing a police report of the theft I got them back.
My attitude today is go as cheap as you can then go up one level if anything breaks. I have been using a set of Hazzard Fright impact sockets for the last ten years and they are still in amazing shape. They still work fine and the price was cheap but they still fit the bolt nut and take it off without a issue.