I inherited a Mercedes. it was quite a nice one apparently. I never drove it. I sold it a few days later and spent my share of the proceeds on a ceramic wall-hanging by a South Korean chap called Park Sung-Wook, which we'd had our eye on for a while and was well suited for a spare piece of real estate in our kitchen.
The thing about this artwork is that some people say "Wow!" and more don't even notice it. My hifi is in a room on the ground floor separated only by glass bifold doors. quite visible. Of all the people who've been in our house over the years, only one has ever asked to listen to it, and the only other person that has listened to it is an audiophile.
We have some pretty cultured friends, but in our circle interest in hifi is almost non-existent and certainly less than in South Korean ceramicists.
The nice thing about ceramics and certain wood, metal and glassware is that, whilst some is purely aesthetic, much is of practical value. I drink my coffee from a mug made by Mizuho Kimura, a 10th generation potter from Bizen in Japan. There is great pleasure using a vessel made in a kiln established by the maker's antecedent 400 years ago and the tradition passed down over the years. (Bizenware dates back 1,200 years.) It's not expensive and goes in the dishwasher.
I think it can be safely said that at the most budget end, the consumer is looking mostly at the practical value of a product, the more expensive the more aesthetics and pride of ownership come into play and the less the likelihood that the product will be used to it's full potential. The latter because an uber hifi needs an uber room and an uber car needs a racetrack. A lot of expensive hifi seems to go into really average to poor rooms.