I get what your saying and obviously overpaying by 15x, like in your example is a terrible idea but, I will say, overpaying by a much smaller amount to save time is sometimes worth it.
One thing your example does not do, and its something most people don't do is factor in how much your time is worth. Is spending an extra $500, for example, worth as much as multiple hours of your time?
I absolutely agree.
Honestly, if NameBrand posted their prices, I might have considered them, as once my time organising/plumbing (or paying a plumber) is factored in, the difference isn't so massive.
I just loathe the principle of having to get a quote for even the basic device in a box!
I get what your saying and obviously overpaying by 15x, like in your example is a terrible idea but, I will say, overpaying by a much smaller amount to save time is sometimes worth it.
One thing your example does not do, and its something most people don't do is factor in how much your time is worth. Is spending an extra $500, for example, worth as much as multiple hours of your time?
I absolutely agree.
Honestly, if NameBrand posted their prices, I might have considered them, as once my time organising/plumbing (or paying a plumber) is factored in, the difference isn't so massive.
I just loathe the principle of having to get a quote for even the basic device in a box!