Black loafers

The Rancourt sale is offering some black weltline loafers. I'm tempted, but wondering if the weltline style is a little too formal and I won't wear them as often as I'd like.

Yay or nay, MFAD?

Any other recommendations at a similar price point?

https://www.rancourtandcompany.com/collections/spring-summer-2024-pre-sale/products/pre-order-weltline-penny-loafers-black-calf
Rancourt & Co.
Classic full strap penny loafer, when the occasion calls for something more refined than a beefroll. Handcrafted from burnished calfskin and fully lined with our tan calfskin lining. Double leather soles and leather heel. Genuine Handsewn moccasin construction. Made in Maine, USA.
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