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We use Windows PC's / Laptops for work and typically 4 - 6 years is the lifespan of them. The higher end machines can go out to 6 if looked after before starting to creak with software requirements, the cheaper ones are usually done by 4 - though they're deliberately cheap since they go to people who won't take care of them anyway.

I'd say a new one for VCE would be bang on for an expected timeline for a model with the specs Howard is looking at.