Each of us is ready to invest with great pleasure in quality things. That is, we expect to use them for several years. That is, we are talking about the long-term fashion or the maximum use of the purchase over time. But it often happens that the expansive costs of the desired thing keep us from purchasing it because there is a fear that a significant cost cannot always guarantee quality.
How to calculate the price concerning wear and tear?
The best method to determine the reasonableness of purchase and make the right investment decision is to do a depreciation calculation. The Cost Per Wear formula can serve a useful method in this regard.
Variables in the formula take into account the frequency of use or wearing and its price. That is, we talk about a ratio of its price and quality in the sock. Thus, to calculate the price for wear and tear, it is necessary to divide the cost of your item to be purchased by expected occasions of its use.
Let’s take two items for comparison. One costs $20 at a fashion store. The other one is offered by a designer salon for $150. Of course, there is a great temptation to buy something cheaper due to the significant difference in prices. If we evaluate the reasonableness of a choice based only on the cost, then in practice such purchase may not seem a very profitable investment.
It is doubtful that a cheaper dress will be of excellent quality and will not lose its appearance after several washings. There are also doubts that this product will be trendy in the next seasons. Suppose you intend to use a $20 dress for three occasions. So, according to the calculation, the price of wear is $6.66.
And an expensive dress is a serious investment. Therefore, it obviously must be of much better quality, on the one hand, and, on the other hand, must meet the requirements of classic fashion. If you don an expensive dress forty times over the years, then the price per wear appears as $3.75.
So it turns out that the total price indicator for designer clothes turns out to be less than that of a cheap thing. This calculation suggests that this dress will serve you for many years. And there will be no need in the future to buy several cheap dresses during the same period since after three occasions one would have to buy the next one. Thus, in the long run, spending $150 is much more attractive than spending $20.
However, it should be borne in mind that for all the attractiveness of calculating the cost for wear and tear, you should not convince yourself of the need for this thing to make a final decision. Seeing a thing doesn’t need to be done to justify buying it. The above formula works effectively only when you are honestly determined to make the relevance of the purchase price and the estimated times to use it.
The calculations are useful when a thing is worth buying it. Of course, they do not change the actual value of the item. You still have to pay $150. But since the expensive thing is supposed to be worn forty times, hence the price will be relatively low.