Item is brand new, they have been discontinued from the manufacturer. 1/4″ Drive * 0 Degree Lash- Gearless Design* Exceeds 150% of ANSI Performance Standards* Duplex Nickel Chrome Plating * Dual-Durometer Comfort Grip Handle* Quick Change TM Cam and Roller Bearing Package* Sealed Bearing Mechanism* Low Profile Switch Lever* Precision Ground Roller Bearings