Cheap Buy Regrets: 63% of Americans Have Fallen for the Low-Price Trap 

The average American is willing to pay more than twice as much as the sticker price for products that last at least twenty years,.

Three in five respondents claimed they’re more inclined to spend money on quality items than on something cheaper, both in price and quality.  

The study found the average person has held onto their oldest owned items for 15 years. 

“A cheap upfront cost does not always mean you won’t end up paying for it later,” said Louie Patterson, personal finance manager for Slickdeals 

“The concept of buy it for life can be valuable. Investing in a higher quality item can ultimately save you on replacement costs and the time and energy spent researching and shopping for a new item.” 

Swipe Up to read which items are worth paying more for!