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.
Failure 1. Logic board failure, randomly one day the MacBook would not turn on.
Failure 2. The LCD cracked from the light pressure of my finger when I was adjusting the angle of the screen. The outer glass sheet was undamaged, only the physical LCD below the glass shattered.
This is also the closest I have come to considering abandoning Apple.