In any case, do you get what you pay for?
The Vertu accompanies a super-strong sapphire showcase screen and brags 64GB of inner memory. It has a 13 megapixel camera furthermore claims to have 300 hours stand-by battery life.
It's a top spec with a top sticker - however before you begin offering the family silver you no more need to burrow that profound for an OK cell phone, said CSS Understanding investigator Ben Wood.
"I think £200 is a great deal of cash for a telephone now," he told the BBC.
"We have come to a point in cell phone development where gadgets have turned out to be 'adequate'.
"There are degrees of modest. On the off chance that you are not fastidious about brand, an Android gadget is currently effectively accessible to be sure.
"You can get a nice camera, you can get great execution and a fair processor".
It keeps running on the Android working framework, has a 5 megapixel camera, and up to 400 hours of stand-by battery life on a solitary charge - yet it has just 8GB of inside memory and that, as indicated by Mr Wood, is a warning.
"I would be apprehensive about purchasing a gadget with under 8GB memory - my experience is once you've introduced a couple of applications you soon run out," he told the BBC.
"You are getting exceptionally fundamental usefulness."
A week ago Chinese maker OnePlus held the UK dispatch of its £239 handset, the OnePlus 2.
Like the past model, the monetary allowance telephone is showcased as "welcome just". A year ago each of the 900,000 individuals who got a welcome got the telephone.
Like the Vertu it has a 13 megapixel camera and the premium form, costing somewhat more at £269, likewise has 64GB memory.
Deals insider facts
So how do the producers hold their expenses down?
Hugo Barra, a VP at spending plan Chinese hardware firm Xiaomi, told Tech Crunch that the mystery for him lies in keeping up a little arrangement of items with a long time span of usability.
Xiaomi has only two scopes of modest telephones - the Mi and Redmi.
"An item that keeps focused rack for 18 to 24 months - which is the greater part of our items - experiences three or four value cuts. The Mi2 and Mi2s are basically the same gadget, for instance," he said.
"The reason we do these value slices is on account of we've figured out how to arrange part cost diminishes [with our suppliers] after some time.
"The significance of having a little portfolio is critical — the way that we just dispatch a couple of items every year, and (the way that) we just have two item families."
The Apple factor.
But the least expensive iPhone 6 at present retails at £539 ($840) and the biggest 6 Or more at £619 ($965) in the UK.
Yet, it doesn't appear to be an obstacle - Apple reported another hop in benefits a month ago, offering 47.5 million iPhones in the middle of April and June 2015 alone.
"Individuals who have an iPhone are enamored with the Apple experience," said Mr Wood.
Maybe some piece of the motivation behind why iPhone fans swallow the expense is unadulterated accommodation - moving far from Apple's famously secured working framework can be baffling.
"Individuals who have gone from iPhone to Android discover it a troublesome ordeal," Mr Wood included.
"I've generally said the iPhone is similar to the Lodging California of cell phones - once you're in it's hard to take off."
Suspect security.
In a time of reasons for alarm about hacking and information security, one of the greatest issues with less expensive telephones is the means by which safe they are.
Most spending plan cell phones keep running on the Android working framework, which is substantially less limited than Apple's OS - furthermore more inclined to hacks.
"Shoddy telephones are not a terrible thing - the expense of equipment is continually dropping - however the security is truly dependent on the product," said security master Prof Alan Woodward from Surrey College.
Less expensive gadgets can be more hard to overhaul with fundamental patches issued by the working framework to fix security, he included.
"It isn't so much that the innovation anticipates it but instead that the sellers tend not to issue the vital upgrades," he said.
"We've seen it for quite a long time with modest switches where a defect is discovered it is just not monetary for a maker to issue firmware upgrades for a gadget worth £32 ($50).
"On the off chance that something is unrealistic it likely is. In the event that you discover you can purchase a very much included cell phone from some obscure supplier for pennies then you need to expect that you are the item and somebody is liable to be reaping information about you (for criminal purposes or other).