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Honored Contributor
Posts: 16,598
Registered: ‎03-09-2010

Overpriced or just expensive? How do you decide?

There's a thread in Handbags that tickled my thinking. What makes a handbag or anything else really overpriced versus expensive? I don't think they're the same.

How do you decide which is which?

Honored Contributor
Posts: 13,954
Registered: ‎03-10-2010

Re: Overpriced or just expensive? How do you decide?

The new owner of the Buffalo Bills paid 1.4 billion dollars - in cash.

The team was VALUED at 950 million. That is what Trump bid.

The new owner had the money, wanted the team badly, and thinks he got a great deal.

Just like a woman debating buying a Hermes Birkin Bag!

Super Contributor
Posts: 1,835
Registered: ‎03-09-2010

Re: Overpriced or just expensive? How do you decide?

On 9/28/2014 terrier3 said:

The new owner of the Buffalo Bills paid 1.4 billion dollars - in cash.

The team was VALUED at 950 million. That is what Trump bid.

The new owner had the money, wanted the team badly, and thinks he got a great deal.

Just like a woman debating buying a Hermes Birkin Bag!

ITA with you terrier!!! one woman's "expensive or overpriced" is another woman's "great deal"! that is determined by the buyer only. their point of view is all that matters.

Esteemed Contributor
Posts: 6,061
Registered: ‎03-09-2010

Re: Overpriced or just expensive? How do you decide?

Overpriced to me is getting something that's not worth it. Low quality, inferior construction, short on design or details. And asking a high dollar for it.

Expensive? Fine quality, good materials, superb craftsmanship, great design bring about a steeper price.

Honored Contributor
Posts: 14,043
Registered: ‎03-09-2010

Re: Overpriced or just expensive? How do you decide?

How much I desire the item.

Honored Contributor
Posts: 8,420
Registered: ‎03-09-2010

Re: Overpriced or just expensive? How do you decide?

On 9/28/2014 deepwaterdotter said:

How much I desire the item.

You took the words right out of my mouth. (or off my fingers)

Honored Contributor
Posts: 43,265
Registered: ‎03-09-2010

Re: Overpriced or just expensive? How do you decide?

On 9/28/2014 deepwaterdotter said:

How much I desire the item.

^ this.......and i generally go with my gut feeling also.

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"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing." - Albert Einstein
Honored Contributor
Posts: 13,954
Registered: ‎03-10-2010

Re: Overpriced or just expensive? How do you decide?

On 9/28/2014 deepwaterdotter said:

How much I desire the item.

EXCELLENT, simple definition!

Honored Contributor
Posts: 17,012
Registered: ‎01-02-2011

Re: Overpriced or just expensive? How do you decide?

If I'm still enjoying an item years later.
Honored Contributor
Posts: 32,629
Registered: ‎05-10-2010

Re: Overpriced or just expensive? How do you decide?

If I can't afford it, it's expensive. If I can afford it but I can find something similar of equal quality or higher quality for less money, it's over priced. Both terms are subjective. We can define them for ourselves but not for anyone else.