I suppose this can apply to any product but in this case I am thinking
of tires:

(1) I can buy a pricier model which will last a long time, but then I'd
have an old tire most of that time.

(2) I can buy a less expensive model but change it more frequently, so
I'd have a newer tire most of the time.

Which is the better way?

Would you buy a new Lexus every 10-12 years , or a new Corolla/Camry
every 4-5 years?