A number of factors make cars more expensive: tighter specifications, better fit and finish and better materials. A friend worked for a parts supplier and Honda had tighter specs than Chevy for the same parts. The competing Honda was better regarded and more expensive.
That only goes so far with watches. A gold watch costs much more and won't last as long as stainless since it's a softer metal. Expensive movements are complicated for the sake of complication, not to make them tell better time. On the other hand, I have a steel Rolex (Air King model) from the early '70s that cost me $365 at Tiffany. I had to replace the band and have it serviced once. It still keeps perfect time and is worth about $3,000 on the used market.
That only goes so far with watches. A gold watch costs much more and won't last as long as stainless since it's a softer metal. Expensive movements are complicated for the sake of complication, not to make them tell better time. On the other hand, I have a steel Rolex (Air King model) from the early '70s that cost me $365 at Tiffany. I had to replace the band and have it serviced once. It still keeps perfect time and is worth about $3,000 on the used market.