The last little bit of the answer is very apropos. As a parent, I can tell you that the baby does not care one whit whether they get the Rolls Royce baby stroller or the used Corolla, or any other item, as long as it basically works (sure, luxuries are luxuries for you and you might have minor preferences). However, unless you're going to have many kids and get a lot of use out of expensive items, what will happen is that they'll pile up in the basement when the kid outgrows them, and unless you've found a better donation system than I have, you'll be stuck with stuff that you have no use for that you don't want to throw away (there are many places, like Goodwill, that cannot accept baby items for legal and health reasons, and other things like car seats actually have expiration dates even if they seem perfectly fine).

The one exception to this is generic cloth diapers (not the specialized ones, though). Those make very nice cleaning rags for years to come.