Replacement is only an option for 30 days following shipment -- if that system arrived in November, warranty repair is the only option for it.  
I bought a new Dell laptop (Inspiron 16 5625 ) at the end of October 2022 ( Dell lost the previous one I ordered ). In November I setup the laptop and started noticing that the touchpad randomly started jumping about or being unresponsive. I made sure all drivers and updated were applied and up to date but the issue remained. I decided over the holidays to reinstall Windows and install all updates including the BIOS but the issue remained. Working in I.T. I have had many laptops with no issues. I also have another Dell Inspiron that's 2 years old, again, no issues. I contacted Dell support who over a few days  asked me to reboot remove power, run diagnostics (3 times). The issue still remained. They then sounded like they wanted to close the case like it was resolved. When I insisted that I bought a new laptop so wanted a refund or a replacement, Dell support said you can send it and we can replace the touchpad. I explained the issue could be a battery, another component, something overheating. I wanted a refund or a replacement - I have no confidence the intermittent fault will be repaired. I am now told they will contact me within 24 to 48 hours. I purchased a new laptop that is faulty. I expect Dell to provide a working laptop. I worked for Dell and customer service was important to them back then.
New faulty Inspiron 16 5625