I'm thinking is it down to people's circumstances and lifestyles though, so if you drive a lot and are in and out of the car and don't use a pram/pushchair much then it doesn't seem as necessary to have the little extras on a pram, which are the things you pay for? I can't drive yet (DP can) so walk a lot, and it was important to us that we got a pram that was going to be comfortable for DD, functional and comfortable to push and use for me, and had good wheels with decent shock absorbers.
We went for a Bugaboo which was around £1100, but for me it was honestly worth every penny - it pushes smoothly and isn't clunky or awkard, the front swivel wheels are a godsend for manoeuvring it, it folds down nicely and most importantly is comfortable for my DD. It was lovely tucking her in in the carry cot like a little bed when she was tiny, yes she only stayed in it for about 4 months but she was comfy and cosy for those 4 months and could sleep properly laid down without being bunched up in a car seat on the frame. We have a car seat on a base that stays in the car instead that grows with DD.
When she was sitting up we swapped the carrycot to the seat and she loved how high the seat sat up so she could nosy about, also still a lovely comfy seat. The wheels could take a lot of different terrain and the shock absorbers were really good, the front wheels also folded in to allow it to be pushed along the beach, which was all great for us as we walk/beach/are out a lot. DD only stopped using it when she was 3 and loved being in it!
It's still literally good as new and put away to use for any more babies that may come. It was worth every penny for me and I used it loads. When I was pregnant I pushed my friend's Silver Cross pushchair to try it and it honestly felt awkward and clunky.
It's not about the cost, my pram could have cost £1100 or it could have cost £200, it wouldn't have mattered at all as long as my DD was as comfy as she was in this pram, but I think sometimes those little extras are what you pay for. We were lucky to afford it at the time so went for it as a bit of a splash out and I'm so glad we did as it's in great condition to use again. But if I couldn't have afforded it I totally would have bought a second hand one.
And don't worry I always had an elegant lady next to me too, might have had a lovely pram but it was never me who was elegant 
So basically I get what you mean and where you're coming from OP, from a splashing out perspective and also a functional one!
What pram was it you really fancied? Maybe something will come up on fb marketplace or similar?