My M1 MacBook Air has had two hardware failures now. Both would have cost over $500 each to repair without Applcare+. Applecare has been essential, but it adds extra cost on top of Apple's already premium prices. It has also made me loose trust in this machine. I had to buy an emergency laptop because I was in Europe and nowhere near an Apple store with the most recent failure.

This is also the closest I have come to considering abandoning Apple.