>For a ~2500-3200 USD phone (base model, international pricing), that's not happening.

Honestly I have no idea. To me spending 800usd for a phone is already completely crazy yet apparently smartphones in the 1000 to 1400 range are plenty already. What is the ceiling at which volume will go down drastically? I honestly don't know.

Same for transportation, I don't understand why people accept paying north of 35kusd on a vehicle and that is before the additional yearly expenses. Yet there are plenty of cars sold in the 50k and above. I bought mine second hand for 6.5kusd and even if it died tomorrow after 2 years of use it would still have been a better deal than leasing even the smallest and cheapest new cars on the market for 4 years. Yet I still see plenty of brand new cars in the street every day (and I am thanskful of that, otherwise the second hand market would disappear) so plenty of people are willing to buy really expensive stuff whenever much cheaper alternatives exist.