What’s something that’s clearly overpriced yet people still buy?

I'll start...

Land Rover's/Range Rover's. You buy them new for a $100k+ and then sell them off before the warranty runs out in 3 years and the trucks worth 50% of what you originally paid for it. Not to mention that it probably spent half of those 3 years at the shop undergoing various repairs and other manufacturer recalls.

A Land Rover product is about the only vehicle that is a bad deal even in the second-hand market. But the wait list on a new 2022 Defender is almost getting on for 2 years in some parts of the world. Thanks in-part to the chip shortage, but mostly due to people like my dad.

Your turn.

iPhone.
Overrated and overpriced compared to the other smartphones having same specs, yet people still buy it.

3 Likes

Those extremely ugly Kanye shoes.

2 Likes

[quote=““Pakistani Prince””]
iPhone.
Overrated and overpriced compared to the other smartphones having same specs, yet people still buy it.
[/quote]

O.G. android user here, but had to switch to a 13 Pro Max. It is hands down the best smartphone on the market at the moment, by a long shot. The battery life alone makes the purchase absolutely worth it. Not saying that it justifies the $1,100 price tag, no phone should ever cost that much, but by comparison, it’s significantly cheaper than some flagship Android devices, namely Samsung’s Ultra’s series. Also, not having to carry a power bank and a charging cable everywhere I go is such a relief. I usually leave home with around 85% to 90% charge and still have around 45% to 50% left by the end of the day. You could easily go a weekend without having to worry about your phone dying.

I am not the biggest fan of Apple devices but credit where it’s due, the average iPhone last’s twice as long as most Android powered phones. To this day I see more people using iPhone 6S’s, than I see people using much newer Samsung phone’s. So, as far as bang for your buck is considered, the iPhone is a better purchase decision in the long run. Especially, if you’re like me, someone who doesn’t upgrade that often, maybe once every 2 to 3 years.

[quote=““Le Pakistan””]
Those extremely ugly Kanye shoes.
[/quote]

Never liked Yeezy’s. Folks at my gym seem to love them, though.

Spending anything over a $100 on shoes is just plain stupid, and even at that price, they better last me 2 years at least.

I think real estate is way overpriced in this era of high mobility.

Whenever I'm flying over an expensive city, I couldn't help but think of how expensive each of those tiny spots would cost and how much they are actually worth. Technology can help a great deal in enabling off-the-grid living for a lot of people so necessities of life could be brought to them rather than them having to live near them.

Another thing that makes real estate way overpriced is that I'm not seeing younger people living or working in the same place for too long. I move a lot, so I meet people who've moved a lot as well. Those who bought a place, barely lived there for 10 years before they had to rent it out or sell, neither of which was straightforward. I have also seen some people so tied to their real estate that they gave up on their careers, relationships, marriages, etc. because they refused to move.

Kawasaki H2R
AUDI R8 quattro or even a BMW M8
Heck even a PS5 is overpriced with all the goodies intact

Looks like we have 2 car aficionados here.

Bottled water
Theater popcorn

2 Likes

LMAO. Most (not all) things that you bought elsewhere, which were in the dollar store. I win. :sadiyah:

Though then you may have to contend with, “You get what you paid for.” So sometimes paying more translates to better quality.

Ha, how could any of you forget to mention gasoline?

RR is one example. But overall I never got into expensive cars either way.. i think they all are overpriced. O well, dont mind me i'm just a hippie

Diamonds, I guess.

Cars in Pakistan

Personally, I don’t think the H2R is overpriced for what it is. A technical marvel.

Mind sharing why specifically these 2 models?

At $399?!

[quote=““The Last Straw””]
LMAO. Most (not all) things that you bought elsewhere, which were in the dollar store. I win. :sadiyah:

Though then you may have to contend with, “You get what you paid for.” So sometimes paying more translates to better quality.
[/quote]

Can’t get a phone from the dollar store now can we? :snooty:

Well, it depends. A Toyota Land Cruiser, for example, is for life.

I’ve known people who’s dad’s have bought maybe 3 cars in the last 30 years and all 3 of them happen to be Land Cruisers because those things just refuse to die.

I daily a 10 year old Land Cruiser that I bought new, has well over 200k harsh desert miles on it and has never ever gone wrong even once. I’ll probably continue owning it for another few years at least. I mean, If it ain’t broke…

The most expensive thing that I’ve ever had to replace on mine was the boot release switch which was like a $150 (inc. labor) from the dealership.

Tell that to the ladies who are expecting a carat minimum on their engagement ring. :hehe:

[quote=““Smoke N Mirror””]
Cars in Pakistan
[/quote]

$30k for a locally assembled Honda Civic with the fit and finish of a Turkish prison urinal, you’re damn right.

2 Likes

Recently heard a travel vlogger mentioned in his video that an intercity flight from London with same distance as that if ISB-KHI costs 10 USD whereas in Pakistan it costs 80 USD.

Cost of insecurity and overcompensations is very high.