It's a negligible amount of money. It's like, brand new $999, trade in for like $450. Once a year... $550 remainder/12 months is $45.75/mo to have the latest and greatest laptop.
You should be incentivised by trying to minimise depreciation. You incur the greatest amount of depreciation closest to the date of purchase, so the longer you go between purchases, the less depreciation you'll realise.
If I expected to say get, $450 after 1 year, and $250 after 2 years. By trading in every 2 years, I'm getting a laptop that's a bit older, but you're also saving $14.58/month on depreciation. If the year after that becomes $150, you'd be saving $22.22/month. If the price is worth it is subjective, I'm just saying going for maximal trade in value doesn't really make sense, since you save more money the lower the trade-in value you get.
I went from M1 to M1 Pro just to get more displays.