Been ages since new stuff broke or wore down to a point were it needs replacing

The ones I've needed to replace are usually stuff that was junk to begin with. I can't even remember the last time something actually broke or wore out on me. Cheap doesn't automatically mean bad quality. I've got cheap tools still in use that I bought while I was in trade school, and I use this stuff for a living. If I buy a cheap 150-piece socket set, for example, and the ratchet and a few of the most commonly used sockets need to be replaced with premium quality ones after five years, it'll still be cheaper than buying the name-brand set. I don't need a Snap-on 12mm socket.