When my current laptop from work runs it's course then I'll ask for one of these with a GPU. My current one I can change RAM and SSD. But later on I can't just get myself a GPU, DP connector, another USB-C instead of USB-A, LAN connector, memory card reader etc etc. I also think that if I already upgrade the RAM and SSD and then want to do the processor I shouldn't have to buy a whole new laptop. Options that allow you to bring your own RAM and M2 SSD are pretty few.
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No.
For it to be a good investment it’s value would have to go up over time or drop at a slower rate than other comparable things.
A mac is a better investment (but still not “good”) not only because they tend to hold more value over time but the used market has higher volume so there’s less chance you need to price it low or wait a long time when you’re ready to sell.
If you’re worried about the value of being able to fix it, spend less than your $500 budget on a used t480 with the processor you want, upgrade the ram to 16, 32 or 64gb, install at least one ssd and be glad that there are literally millions of inexpensive spare parts on the market and will be for at least a decade.
What framework does uniquely offer is the ability to change your complement of ports. That’s either a useless novelty or a powerful tool depending entirely upon weather you consistently swap them out and can find all the ports you need as expansions or not.
Is it worth it to not be carrying around some dongle? I don’t know.
E: the processor to get on that t480 is one of the intels.
Warning: This comment contains small sample sizes.
In my adult life, I have owned two laptops. Both were bought brand new, both were relatively high end machines that cost more than $1000 each, plus accessories and the maximum extended warranties they offered. Both lasted 8+ years in service. The second one (a 2014 Dell Inspiron) is still in service, though I need to upgrade the OS on it.
Both machines required warranty service fairly early in their lives(the Dell egregiously so; very long story very short, they sold me a lemon and after replacing practically everything in it at least once they eventually replaced the machine outright) and received repairs/upgrades around the 4 year mark. The Gateway got its fan cleaned and the RAM replaced/upgraded from 1 to 2 GB. It also required frequent adjustment to its display hinge. It was running okay if slow by the end of it; a Centrino Duo running Vista was kind of sluggish in 2014. The monitor died in a way I couldn't fix, and replacements were unobtainable, so that's what finally did it in. The Dell got a fan replaced, the battery replaced, and the HDD replaced/upgraded to a SATA SSD. It is still running its originally installed 16GB of DDR3 RAM. It's slightly sluggish running Windows, but feels very responsive running Linux. I intend to keep it in service until Linux Mint doesn't support it or something breaks that I can't fix.
On both machines, the I/O didn't age particularly gracefully. The Gateway only had a VGA connector well into the era of HDMI and DisplayPort, the Dell has USB 3.0 and no USB-C connectors, no Ethernet and a proprietary barrel jack charger.
Both machines showed scuffs and scratches by year 8 but the chassis held up and were/are still serviceable.
Given my history with laptops, I see a Framework as pretty much the same "investment" that my Gateway and Dell were. I would not anticipate upgrading the mainboard; I don't think they'll keep making mainboards compatible with the current issue chassis a decade from now, and the chassis will probably be ready for a replacement by then anyway. But, I anticipate replacing the battery, SSD and probably a fan or two at the 4 or 5 year mark, likely out of warranty, and it looks like Framework would be above average for that.
My next laptop is likely to be a Framework simply because they're one of the few companies that A. still exists and B. hasn't pissed me off yet.
Since no one asked... What are your use cases? Do you need a discrete GPU? Something lite? Something with lots of ports?
If you can afford it easily and used 500 bucks as a random number sure no problem, but othewise I don't think it a Framework is a good idea.