I want to draw attention to this post, since it makes a great point. The decline in quality is the reason why I prefer to buy old tools instead of new.

buggy bag® blog

It used to be that you could buy something, and, if it was designed and manufactured with thoughtfulness, it would work for a very long time.  And the great thing about it was the fact that, if it did malfunction, you could either take it to someone to get it fixed, or you could fix it yourself. I have repaired many things myself or taken them to someone to be fixed. For instance, my watch… St. Moritz, made in Canada, I have had it since 1989, it is still stylin’. I’ve had many new batteries put in it, and I’ve had it serviced a few times… It’s great quality, built on the old style mentality of quality is best. Yes, this company has never sold me another watch, but, I think that the number of watches that I’ve sold for them by boasting about the quality of mine probably…

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