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Your experience seems consistent with my own.
I picked up a cheap laptop 2009 before upgrading to a good one 2012. The cheap laptop died 2013, while the good one died 2018.
Both laptops gradually got slower over time, while the good one started cracking and falling apart towards the end of it's life as a result of some screws being missing.

I decided to boot my better laptop up on a whim 2 years later (2020)) to see if I could get it working, but within 10 seconds the charger caught fire and melted, this was probably due to the laptop fan being able to blow heat directly on to the charger, which was only possible thanks to parts of the laptop exterior cracking and breaking off. The laptop was a lost cause.