3 ms·
Cars (and cameras) are even more complicated because of prestige and reputation influencing price so greatly. Hyundai and Buick end up as two of the best value
by basch 7y ago
Cars (and cameras) are even more complicated because of prestige and reputation influencing price so greatly. Hyundai and Buick end up as two of the best values right now because nobody wants a used Buick. Cameras have a similar but different thing going on where most people think they need a "DSLR" to take professional pictures, and they buy something three times as big as they need because they dont want to "downgrade" to a mirrorless.
Obviously branding and status play a factor in many purchases, but the larger ecosystem / maintenance agreement ones are a different magnitude. Buying a camera is buying into a camera ecosystem, and buying a car is both a product and its serviceability. The Buick can be greatly reliable, but if its perception is that of something less reliable, you pay for perception not reality.