I feel arguments like this always ignore the fact that buying a toaster in 1950 was a major investment for a family, and if you want to spend $2000 on a high-end toaster in 2023, which is probably equivalent in inflation-adjusted price to the 1950s toaster, it will probably also be very nice.
I would argue that a $250 toaster today is still not a "buy it for life" item, but it would certainly have a lot of bells and whistles and almost no user-serviceable parts.