I think it depends on the type of tool. If it's a specialty tool that I don't expect to use more than once or twice, I'll go for cheaper model. On the other han

I think it depends on the type of tool. If it's a specialty tool that I don't expect to use more than once or twice, I'll go for cheaper model. On the other hand, if it's something that I expect to use a lot then buying a quality tool (possibly used) is the better route. All of my cordless power tools are Makita but my 2 Makita drills were both bought used. For hand tools like combination wrenches and sockets my default route is used SK Tools bought at yard sales, pawn shops, eBay.