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Mine have always run for many years as good equipment and anything that fails can be replaced but at some point if issues become more frequent they would probably cycle ya out to a new server and retire the old one.
If time has passed and you're finding the exact same specs/management for a much cheaper price there is your leverage to hit them up for either a better $ deal to retain ya or assistance in swapping your server to a newer machine. Some companies upgrade all clients when they do lower pricing or spec increases and others let the newbies get the best recent deals and let their old time clients sit on ancient equipment for twice the price. Squeaky wheel gets the grease so doesn't hurt to say something and see if they wanna keep ya around with a discount or migration to a newer machine.
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