For the average person with average needs, there is no difference between, for example, a $100 Dell Latitude E5530 from 10+ years ago and a $600 Best Buy low-end Dell laptop from today, so long as the Latitude has been modestly upgraded with 8GB of RAM and a small, used SSD. Its 3rd generation i5 is more than enough to do anything they need. It even runs Windows 11 just fine, so long as you inform the customer about the need to manually install feature updates.
For the general public, buying new computers is an expensive scam that contributes massively to waste. The machines I refurbish would typically have been thrown out or 'recycled' (stripped for precious metals in an expensive process) if not for my intervention. There's no reason for this except number-go-up greed, and it should stop.