6 point combination wrenches that are on the cheaper side....

Are Snap-on tools overpriced, or is it the money in circulation not worth much?

Overpriced.

At some point, people should realize that they’re being bled dry by these tool trucks. This is especially true for the younger people just starting out. They look at it as a status symbol, much like some people with their cars that they can’t afford.

If I want to pay a little, but still far less than Snap-On, I have been pleasantly surprised with Icon from Harbor Freight. They seem to last, and I drive by a Harbor Freight daily that’ll swap one out if it breaks. (Not that I’ve had to swap any out.) There’s so many tools out there that will give better returns on investment.
 
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The competition from Asia has gotten so good in recent years. You can get 80-90% of the performance and 75% of the longevity/durability (usually) at 20% of snap on’s pricing.

Snap On remains an iconic brand. Their hand tools are excellent and will continue to set the standard for others to copy. Going to the tool truck will always sound cool. But the tool truck business model is dated when Amazon can get you a replacement tool same day or overnight at a fraction of the cost, even if you have to pay out of pocket.
When is Asia going to get into the gold market? I'd like to buy some gold at Harbor Freight prices.
 
Overpriced.

At some point, people should realize that they’re being bled dry by these tool trucks. This is especially true for the younger people just starting out. They look at it as a status symbol, much like some people with their cars that they can’t afford.

If I want to pay a little, but still far less than Snap-On, I have been pleasantly surprised with Icon from Harbor Freight. They seem to last, and I drive by a Harbor Freight daily that’ll swap one out if it breaks. (Not that I’ve had to swap any out.) There’s so many tools out there that will give better returns on investment.

I think there's a reason the tool truck business model is failing.

I know someone who broke a Tekton tool. Took a picture, texted it to them, had a new tool in a couple days-- as fast (if not faster) than waiting for the truck to arrive.

There's just no need to have "A guy" for these things anymore. Tech and fast shipping have obsoleted that. So the business model is essentially on life support.


The tools themselves are good, but are they double or triple as good as the next best Taiwanese offering? Heck, how do they compare to another premium AMerican-made offering?

Consider a short comparison of a bread-and-butter-tool set: a set of combination wrenches.

You can get a set of WrightGrip 2.0 full polish combination wrenches-- 7mm through 19mm (skipping 16 and 18mm) for $176 from Epstein's. You can buy a snap-on 10-19mm set (no skips) for $550. If you add the missing 16 and 18mm wrenches from Epsteins (necessary for GM ASME metric), you will add $16.40 for the 18mm wrench and $14.50 for the 16mm wrench.

Thus, you can get a 7mm-19mm no skips set of premium American-made combination wrenches for $210 plus shipping.

Or you can buy Snap-on and get 3 fewer wenches for $550.


We didn't even need to drop down to excellent Taiwanese tools to save over 60% off the price of a Snap-on combination wrench set. My own experience with the Wrights is that they are the equal of S/O and in some ways surpass (I prefer the satin finish on my Wright that SO doesn't offer). The Wrights are superb, lifetime-grade tools that last and do not disappoint. Heck, the open ends are so good I never need my flare nut wrenches now for brake bleed screws.


Now if you are making a living with your tools, I suppose you could justify the Snap-on expense in the sense that over 30 or 40 years of wrenching, the extra $10k on tool costs won't matter. But you are getting essentially NOTHING in return for paying the Snap-on premium. You get cool kid points with the cantankerous old guy and that's it.

If that doesn't make Snap-ons overpriced, I don't know what does. We didn't even delve into the Taiwanese made tools that are superbly made tools at a tiny fraction of the Snap-on premium. Let's see-- excellent Icon or Tekton long ratchet for $60 or the Dual 80 for $180?
A 30" Capri 1/2" drive breaker bar for $35 from Amazon, or the Snap On 36" 1/2"-drive breaker bar for $250 or the shorter 24" for $176?

FIVE TIMES the cost for the S/O breaker. IN the highly unlikely situation the Capri ever breaks, I can replace it 5x before I even get the purchase price of the Snap-on.

At some point, it's just luxury and ego, not practicality. I always joke that SnapOn tools are the man's version of a Coach purse or a Prada sunglasses.
 
Heck, even compared to the NEPROS combination wrench set--which is 5.5mm to 24mm for $468, the snap-on is still quite a bit more expensive. Granted, the Nepros has some skips, but it's still 12pcs-- including some very large wrenches- for $468 for 10 pieces for $550.

Nepros are IMO the best-finished wrenches on earth. The level of polish on them has to be experienced to be believed; the INSIDE of the hex is incredibly smooth. My favorite part of changing oil is fitting that Nepros wrench to the drain plug. NO, I didn't buy the whole sets, just a couple of the most common drain plug sizes.
 
Now if you are making a living with your tools, I suppose you could justify the Snap-on expense in the sense that over 30 or 40 years of wrenching, the extra $10k on tool costs won't matter. But you are getting essentially NOTHING in return for paying the Snap-on premium. You get cool kid points with the cantankerous old guy and that's it.
What if the Snap-on wrench feels better in my hand than any other wrench and makes me so happy that I never get depressed and saves me thousands of dollars per year on psychiatrist fees?
 
What if the Snap-on wrench feels better in my hand than any other wrench and makes me so happy that I never get depressed and saves me thousands of dollars per year on psychiatrist fees?
Well, why stop there? I mean, it probably saved your marriage and saved you tens to hundreds of thousands of dollars in potential loss from a nasty divorce.

And because you were in a better mood, you decided not to kill the guy who cut you off in traffic, so it kept you out of jail and preserved your freedom!

I mean, in theory a Snap on tool is the best value purchase a person can make in his entire life, even if he is blind and hasn't the use of his hands-- the mere ownership satisfaction suffices.
 
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