When every I buy just about anything ( flashlight, car, motorcycle, TV, holiday...), I value it in terms of "enjoyment units" vs price.
Will I get X units enjoyment from my $?
I also assume it will be worth NOTHING at the end ( be it a day or 10 years).
Same goes for flashlights. It may "cost" a bit, but if after X units, I give it away, lose it, or it breaks, I am satisfied. If I am lucky enough to sell it, I translate the extra cost ( I usually sell & buy) to get the new one into more enjoyment units. ie will I get 200x more units by upgrading to get 100 more lumens.
It works for me.
So I have never "Lost" any $ on flashlights.