Cost/effectiveness
A luxury headlight is way better than a basic one. But won’t last a crash much better. Can last longer in time, but it may last just 2-10 times more, while costing 10-100 times more.
Then there’s wear and tear. Leather is a great material, but it’s not eternal and again, so is an engine, a filter, the oil, the paint, and seals.
And this is assuming the luxury brand is honest. Most luxury items are high cost due to the style, design, and so on, but are not actually that much better in the materials used. Not better proportionally or it’s price at least.
Then there’s the elephant in the room: standardization. Cheap things made in mass are cheap because are made in mass. Luxury items are produced in small amounts and this is inherently way more expensive to do. A small production will also have more defects as the smaller quantity, smaller usage, will mean less occasion to find and fix defects. You get expensive and maybe even flawless parts, that are not perfectly functional, not perfectly fitting one to the other, not perfectly tuned… and all the weird and wonderful issues you can have with not-so-long-tested parts.
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