That's good, but other options with an integrated cable hook are more advantageous. I bought it for our second car because most of the time the cable hangs from the ceiling. I had some trouble installing it, mainly because the wall wasn't touching that part, and then one day my wife caught the cord with a car mirror and yanked on it, which loosened the screw attachment. So it might not be the strongest plastic, but if you're lucky it's probably fine. Now I've attached it to a piece of wood which could then be better affixed to the wall (and I used staples to keep the cord from hanging anywhere near the mirror) so I guess I have my problems solved. Basically, I'm giving it one star less because it's not as good as other options with more features.
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