SQL Replace & Concat based off date

Question

I want the REPLACE function to detect years before 2022 and label them as old. I wanted to know if there's also a way to do both REPLACE and CONCAT function in the same data column in SQL?

The code I have so far is:

SELECT REPLACE(CONCAT(Year,Model), IF(Year>2021;1;0;){Year.value="New"};IF(Year<2022;1;0;){Year.value="Old"})

Below is a tab-delimited table that doesn't have the exact values, but it works under the same data format I'm going for. What I like to have is the last column values of "Replace_and_Concat".

Year    Model   Concat  Replace_and_Concat
2015    FT  2015, FT    OLD FT
2016    TR  2016, TR    OLD TR
2017    TR  2017, TR    OLD TR
2018    TR  2018, TR    OLD TR
2019    GG  2019, GG    OLD GG
2020    FT  2020, FT    OLD FT
2021    TR  2021, TR    OLD TR
2022    TR  2022, TR    NEW TR
2022    GG  2022, GG    NEW GG
2022    FT  2022, FT    NEW FT
2022    TR  2022, TR    NEW TR
2022    TR  2022, TR    NEW TR
2022    TR  2022, TR    NEW TR