A lot of personal finance bloggers always carve out a special exception for purchasing quality or premium items. For example, you’ll read something along the lines of “I bought an apple laptop because it is a quality product and it will last me forever.” When it comes to certain items I just don’t get that line of thought.
Quality vs Quantity over Time – Laptops
I am not a fan of apple products, but I am going to put my distaste aside for a moment and just pretend it is a better product. Even if it is a better product, the guts of it are the guts (processor, ram etc), and if I can find a comparable windows based product for half the price (that is no exaggeration) then why wouldn’t I want 2 mid-range machines (or maybe even 3) over the lifetime of one superior apple laptop? Meaning I can buy a mid-range machine today then in 3 or so years buy another mid range and so even if the apple laptop lasts 8 years, I have 2 new products vs just one (assuming) superior product.
In addition the technology changes. An apple laptop which may still be in existence despite being built and bought in 2006 wouldn’t have futures of your common laptop today (for example HDMI output).
Quality vs Quantity over Time – BBQs
I remember when I was researching BBQs a few years ago, everyone told me to go with a Weber because “they are the best” and last the longest. I was all in until I went to the store to see that if the most basic and smallest model was double (if not more). Again, my thought process turned to the fact that even if I had to buy 2 BBQs in the same time that it took one Weber to break I would have two new products instead of just one!
I could be looking at this all wrong, but sometimes my gut says go with quantity over time rather than just buying a quality product…or maybe I am just trying to justify the fact that I feel guilty making unnecessary purchases.