Prius v: 200,000 miles club

Hi I have a 2012 Prius V that I got in 2020. It’s been great, but my oil consumption for my gasoline engine has failed. CarShield demanded a scope of the engine, and they denied the claim. They apparently have a clause about repairing piston rings due to normal wear and tear. So I either have to replace the engine or get a new Prius. The other parts of the car are originals. How long before they need to be replaced? Just wondering if it’ll be more cost effective to replace or buy a newer used Prius.

Although 10 years is how old my Prius’s have been before they require an engine replacement.