the prob with cheap tool kits is that they are made really badly and the sockets are tolerences a well up the creek so in the end you will strip all the nuts you try to undo and then have to spend extra time and more money on top of that getting a new tool kit that actually works and then more tools to fix the problem that the cheap tools that you baught to save money caused. in the end they will cost you twice as much as a good set.
my 2 cents
i find it usefull to have a gash drawer in my toolbox full of cheap sockets etc. Quite handy for the odd occasion you need to grind a tool to fit or bash a smaller socket over a stripped bolt/nut.
Saves having to butcher the good tools. I say you need the cheap shit as well. Buy it to start with, then get better stuff as you find you need it. Then retire all the old shit into the gash drawer. That way, you too can say, "i've got just the thing" when it counts:
Had a cheap set once and the bearings or something buggered up, so didn't grip / lock anymore .. hehe
I just picked up a decent spanner set with a closed ratchet thing on the other end. Couldn't believe how expensive tools can be! They are awesome though, and as silly as it sounds, you can just feel the quality as soon as you start undoing / doing something up
im with chukitova on this
when i did work placement for tafe, most of the auto mechanics said they have some cheap spanners and sockets coz if they need to be machined for a particular application, they're not machining something they spent a lot of money on
one of them showed me his $40 socket set and it was almost as good if not the same as the snap on ones
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