With that said, he's famous for saying, "I'd rather buy a great company at a reasonable price, than a reasonable company at a great price." I think this should apply to suits as well. Buy a great suit at a reasonable price, but never buy a shit suit regardless of the price. There's a much bigger difference between a $100 and a $200 suit than there is between a $200 suit and a $2,000. But I'm sure that people who wear a $2,000 suit would disagree with me.
There's a company that sells $800 suits for a flat rate of $160 with free shipping both ways. Check them out if you need a suit. I received nothing from them or anybody else for posting this, just looks like a great value.