I had the iPhone 4 on contract and after that decided I wanted an iPad too, but wasn’t going to until Retina came. Thus I was one of those people who had the iPad 3, buying it at what I thought was mid cycle, when I had the spare cash to buy it outright. That was a little over a month before the iPad 4 was released. I didn’t use it for a few years having got a Now TV box for streaming in 2014 and wasn’t planning to replace it at all, until 2018 when I started using it more and apps were slowly starting to require iOS 10+. I had taken a liking to the Mini so resisted buying the 6th Gen mid cycle and jumped on the iPad Mini 5 when it came out.
Mini 5 to 6 was my having developed a liking for the form factor, also the colour as I would have bought Rose Gold or Purple had they been offered on the Mini 5. I sold my Mini 5 so my “loss” was £351, which seems very good value for something that was used heavily for 2.5 years - less than 50p per day.
I do occasionally want a bigger screen, so since the Mini now feels like Apple are positioning it closer to the base than the Air, I think I will keep this 6 for as long as possible for the cellular and buy a WiFi Air 6 or 7 when I next want/need an upgrade. After the iPad 3’s lack of use I can’t justify Cellular on a larger iPad, whereas it was definitely the right call for me on the Minis.
Currently in the market for an Air 4 or 5 but for a gift and not for me. My first upgrade was a need, the second a want.