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Originally Posted by MNBoxster
I am not advocating using either method, because Handbrakes are also notorious for failing, not because cables stretch as had been suggested by some others, but because if the Brakes are HOT (and therefore expanded) when you apply them, as they COOL off, they contract, loosening their grip on the Discs, and can then slip.
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This is exactly right. I remember a friend in college who would park his car in his mom's driveway (very slight incline) and only use the handbrake. It would hold the car fine for a few hours but more than once we came outside to get in the car and it was sitting in the middle of the road...