Ring Spotlight Cam not working

About a year and 1/2 ago, I spent about $800 and bought 2 Ring Video Spotlight Cams, and a Ring Video Doorbell. This was a huge investment for is, but we figured it was worth it due to Ring's reputation. A few months ago one the lights on one of my wired in spotlight cams stopped working. The lights just kept flashing. I contacted Ring and went through about a dozen tests, and they determined it was broken and needed to be replaced. This was after having it just over a year. Of course because it was just over a year, they let me know the warranty had expired, and there was nothing that they could do. I was/am absolutely stunned that a product at this pricepoint lasted just over a year. I am also questioning Ring's quality. I have not bought the replacement and may not. I have been researching competetors and thinking I may switch due to the much lower prices. After that original investment that I made, why spend another $250 on another spotlight camera just to have it break again? I was wondering if anyone else has had a similar experience?