How does Bordeaux red blend pricing vary based on quality and vintage?

The prices of Bordeaux red blends can vary from cheap to sky-high and are determined by several factors. Outstanding vintages of the famous producers fetch high prices because of their scarcity and longevity, while other estates or poor vintages offer cheaper options to the budget-minded consumer. Moreover, the location of the vineyard, quality of the grapes, the method of production, and aging regime can also affect the price of Bordeaux red blends.
Please, mind that only logged in users can submit questions