Skimp or Splurge?

Last week, I saw this beautiful open cardigan by Joie on fellow blogger Christine Andrew.  #Need.

I loved it. I wanted it. I saw the price tag. I passed out.

Maybe it's just me, but I can't fathom paying $448 for a sweater.  I love high-quality pieces that I'll use forever, but that price was way too steep.  So when I was perusing Target last week, I noticed they had sweaters on sale.  Then I spotted this beauty - and immediately couldn't believe how similar the sweaters are!

The Target sweater is thick and is surprisingly higher quality than their stuff normally is.  Bonus: it's only $29.99!  Target is also currently having a sale on sweaters.  They're buy-one get-one 50% off (and be sure to check Cartwheel for coupons, too - I got an extra 10% off).  So I ended up with that sweater and a faux fur vest (I can't find the one I got online UPDATE: the vest can be found here!) for about $40. Booyah.

So, which one would you get?  Would you splurge on the the by Joie or go with the Target sweater?