I got an 18V JobMate cordless drill combo with flashlight, two batteries and a charger for Father's Day in 2006. Four years later the thing is still working very well, though the batteries are starting to lose their charge more quickly.
Truly, you get what you pay for. You simply cannot expect Makita or Dewalt quality when buying a $30 cordless drill (in my case the combo cost $50). If you are more than a weekend warrior in the workshop, pay for qualtiy and quality is what you'll get. I also have a Concept brand mitre saw from Rona that I paid $130 for (compound mitre saw, 12" slide) and it's still going strong.
Maybe I'm just lucky, but I also don't enter into such purchases with high expectations.

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