You apparently don't understand the concept of "price range."
Hint- it's based on what one could spend on a given good or service,
not what one decides to spend.


wrote:
Maybe I understand it,

Maybe.
Given your statements on the subject, it seems doubtful.

and know that price is rarely the only factor
in these decisions.

There is absolutely nothing in the concept of "price range" and in my
statements on the subject to indicate that price is the only
consideration in buying a particular good or service.


.... My present boat, which suits me very well for the
type of sailing I do now, is worth less than 10% of what I will be
spending on the next boat,

Bragging again? Is this intended to show your self-alleged superior
grasp of economic principles?

DSK