I have an excellent wallet in caramel suede. Handstitching, nice, soft suede and practical. That for a very reasonable price. Especially now when it is on sale. I am actually thinking about buying a second one.
Unless of course he has a somewhat unique body type. I myself am 6 foot 6 and if I am supposed to get a proper length on the jacket I have to go MTO.
If you are of normal length and don't look like Jay Cutler och Christian Bale in the machinist, you are better of with RTW that you get tailored. Especially in that price range.