No way. Price is all about market segmentation, there is little or no correlation with quality. The most expensive built-in refrigerators, for example, have very high failure rates.

After going through 3 washing machines in 9 years, i bought a Speed Queen commercial washer without a cashbox. It is not very pretty, and cost $50 more than the mid-range residential washer that it replaced, has a 5 year warranty, and an expected life of 10-15 years.

This is true for most categories of consumer products. Appliances, shoes, pants, furniture, etc.