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Depends on kind of tool. A good (and probably expensive) tool will last you long, but sometimes those tools are more complicated to use because they are targeting professions. When it comes to an adjustable wrench - sure, buy an expensive one from a good brand. That makes sense because cheap and expensive only differ in quality and durability.

When it comes to complicated tools, probably start with something reasonable and cheap. That covers not just tools, but also appliances and other things: cheap coffee machines are put coffee/capsule in and press a button, expensive one would be very manual.