Our daughter has only had another model since she was four years old. After it broke, she asked for another one three years ago and we gave her this one - she loves it to bits, plays with it less but still regularly and is now 9 years old. 😉 I also think it's worth the money, its predecessor was made entirely of plastic and something was often broken (until I couldn't repair it any more)
Our daughter got it as a present when she was three and still loves playing with it, she's five now. I should perhaps mention that she doesn't so much play with it herself, the driving mode is very basic, but rather drives through a fantasy world with friends/siblings, if that makes sense.