Here’s How Tool Companies Charge Vastly Different Prices for the Same Tools

But does it make sense to pay a premium when the same tool with a different sticker on the side is available for much cheaper? Most would agree it's nice to have nice things, but not if it means getting ripped off. Yet, this seems to be a really common occurrence in the tool world as a lot of what the top names are offering seems to have cheap clones available. And if you spend a little time doing your homework, you'll find out that there are a lot of opportunities to get what the pros are pedaling at serious discounts, so long as you’re willing to forgo name-brand recognition. 

Matco is probably the first name to come to the minds of many vets when this subject comes up. Many of its tools can be had at much lower costs through brands like Icon and Central Pneumatic. They aren't the only ones falling under scrutiny, though. Milwaukee is being compared to Rigid regularly, as is DeWalt to Hercules and even Snap-On to Daytona. Let's talk about what's going on here. 

If you're deep in the tool rabbit hole, rebranding is a term you're going to hear a lot. This refers to when a manufacturer outsources the production of a tool or sources a tool from a third-party manufacturer and stamps its name on it. 

What that means is that more often than not, the same pro-level tool can be purchased from a much more economical brand. And that means you might be able to score the same tools someone pays a premium for from a tool truck for a fraction of the price. 

A good example of this is the above Daytona floor jack at Harbor Freight. Garnet Tools does a great job of summarizing the whole ordeal. Summed up, Snap-On offers the exact same jack at nearly triple the cost. Not just a similar jack, it’s made by the exact same manufacturer. By comparing the two side by side, it’s apparent that the only real difference between them is the sticker on the side. In other words, you're saving serious cash at Harbor Freight. 

A similar practice that's not quite as taboo takes place when brands share the same parent company. In most cases, you can find the exact same tools in any of the lines for different prices. For example, Stanley Black and Decker offers Craftsman, DeWalt, and Stanley. 

I personally had the opportunity to test out tools from each of those brands. As it turns out the ratchets shared the same head kit, and could even be swapped around and function just fine. The same can be said for many tool lines offered by the Apex Tool Group, which includes Crescent, Gearwrench, and Sata. 

Before you walk away feeling jaded or under the impression that anything that looks similar must be the same, I should clarify that there are as many original tools and knockoffs as there are rebrands. The fact is that some tool lines really do manufacture many of its own tools, and the companies put a lot of time into making sure you're getting a high-quality product. 

However, as much as those brands want to push the illusion that the same production process is applied across the entire line, that's simply not the case. These companies can and will let someone else make a tool for cheaper if it makes sense. The silver lining is that a big-name manufacturer probably isn't going to put their name on garbage products. Well, it might, but it’ll try not to do it often. 

Companies might also make some slight tweaks of its own so the design doesn’t directly match what everyone else is using. Those changes may be small but can make a difference in how a tool looks, feels, and potentially even performs. 

Another more common trend is that the bigger names can pay more for the manufacturing process than smaller brands can. That often translates to the "better" tools undergoing more stringent quality testing. So when you save on the tool, you just might take a hit in quality control. That’s something I picked up on when working in the parts industry. 

The main takeaway from this discussion is that a little bit of homework can go a long way. Not taking a tool manufacturer's claims at face value can potentially save you thousands when building your collection of reliable tools. 

You can do the research for yourself, which is to read into who owns a company you're interested in buying tools from, what other brands fall under the same umbrella, and, of course, by making astute observations of similar tools on the market, that may or may not come from sister companies.