In the Diskworld novels there is a character called Sam Vimes - Commander of the Watch in the city of Ankh-Morpork.
He has a take on buying boots which is slightly relevant.
A poor man will buy a pair of boots for ten dollars, and wear them for a year even though they started to let in the water long before then.
A rich man will buy a pair of boots for fifty dollars and they will keep the water out and last for a long time.
Ten years down the line the poor man has paid out double the price of a pair of good boots, and he still has wet feet.
Under his command, however, Vimes has an ex soldier who collected boots from the battlefields - from those who no longer had much use for them, and went into the second hand boot market, with sidelines in teeth and jewelry.
I supose it is all a matter of examining the options.....
I presume to dictate to no man what he shall eat or drink or wherewithal he shall be clothed."
-- The Hon. Stuart Ruaidri Erskine, The Kilt & How to Wear It, 1901.
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