I’ve used this same type also.
Don’t know how many times I’ve used it , but at least 10 different compressions.
I noticed the threads getting “worked “ and became concerned as well. Just purchased another and will watch it also for wear.
The snap on puller looks to be well worth the asking price.
FWIW I just used this same style compressor to pull the coil springs from a ‘70 Cougar Q code.
After 12 and maybe only 250-300 miles I didn’t think the coils were going to “settle in”
I had ordered original spec springs from Detroit Eaton with my exact options.
Needless to say , only real fix was to take springs out and cut them down and reinstall
After much research I ended up cutting 3/4 of a full coil to drop the front about 1 1/2
Crazy how I had to make a wooden wedge to open coils enough to get compressor hook inside, as well as the Scott Drake coil spring perch bushings were TOAST!
SPOOKY Stuff!
The stance now sits much better.