sorry for diving into this - perhaps too deep ... i am an architect and interior designer in the hospitality industry. there are 2 things to consider about leather quality - to me the first is the feel, which is directly related to the 2nd - the finish. without getting too technical, less expensive leather has more of a plastic feel (a bit harder / less flexible). that finish will look great for a long time. a softer / more buttery / natural feel is generally a more premium leather. these leathers often have a less durable finish ... but not always. some of the beeswax finishes become what is often called a 'worn' / 'Ralph Lauren' distressed finish. others develop a 'patina' which darkens in areas / you will notice a bit of sheen - this is my favorite. all of this is over generalized - you will hear the terms full grain, top grain and full top grain. full grain is the best. top grain means that the top layer has been removed as this is short for topped grain - the full grain was removed and sold for higher costs ... and full top grain is a misnomer - its the top grain. the texture you see is generally manually created. the next thing that makes a difference is the size of the animal. we have all seen nappa leather - this is a glove leather (very soft), these are very small hides (think calf, not cow) - can be 15 to 25 sf / hide. big animals are generally 50 to 60 sf / hide.
now for the note of caution - most residential leathers are not good for the automotive / aviation industry as the wax finishes will not hold up to Ultra Violet light. there is a huge difference in cost of leather - wholesale cost of leather can be as low as $3.50 / sf and can be as high as $15 / sf
i have looked at GAHH + World leather samples - there is a huge difference in quality and in this case you are getting what you are paying for as the labor is basically the same ... its the cost of materials that is the difference. it takes about 3 hides to do 4 seats. look at it in simple / rounded math for materials. use 50 sf hides, so at $4/sf - that is $600 for 4 seats. if you are using $8/sf materials, that is $1200. if you figure that labor might be $500 (+/- 100) ... add overhead / profit and you get the final cost.