Warranty on the cheaper ones is throw it out.
Technically that means no useful warranty. But agreed.
I have found that the better quality Totes models, such as their 'Blue Line' are worth the extra cost (about $17 and up?). They last 3-4 years, probably 3 times longer than the cheaper ones. And after that, the $5 warranty plus shipping cost to get a new one is about the same as this cheap one.
Except when they get lost!