NO! Never cheap out on socket sets. If you are pulling hard on a ratchet and your socket or ratchet breaks, sending the socket into your face, you will regret it forever! If you round out a bolt that is tight on your car, you'll regret it too (not forever, but probably for a week or 2).
And hammers are only used to drive impact drivers. Using a hammer on the ratchet can cause damage.
Seriously, if you are using a socket set only for cosmetic parts like ground cables, then go for a cheap $7 42 piece set. If you will be doing engine oil, transmission fluid and brake pads, spend upwards of $100 on a good 30-40 piece one. 1/2" is good, but for most applications other than suspension and engine, a 3/8" drive set will be sufficient too while giving you extra manuverability due to its smaller size.




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