I own three band saws. They all followed me home: That's my story and I'm sticking to it.
If saving some money but getting the best value is the goal, I would say that you need to consider the used market.
My 1925ish Crescent 20" saw has a 1 hp, 220 v motor on it, but it is not original to the saw. This saw has only 7' of clearance below the guide, so it is way over powered and not a first choice for turning.
My second 20" saw is a 1953 Delta. It has 12' of clearance under the upper guide. The saw was offered with a 1 hp motor with an option for 1.5 hp motor for extreme cutting operations. Its greatest advantage for cutting bowl blanks is the 20"x24" table. I have the 1.5 hp motor. The footprint for this saw is not much larger that that of a 14" saw, and if your shop floor is in good shape, it can be used with a mobile base. Mine is on a mobile base, and while I rarely move it, it is convenient to be able to do so.
I have a 5 hp motor on my 36" band saw. I only mention this saw to include it in my estimate of my total investment in these saws: considerably less than a Laguna 14BX.
If I could keep only one of these saws, it would be the 20" Delta. I have no need to resaw 12" veneer, but could if I wanted to. I do process pieces of logs into bowl blanks. For example, I could process a12"x18" cylinder if I wanted to.
To paraphrase Steve: Blade, blade blade.