I think a$ 200.00 vice can last a lifetime. It also depends on use and abuse.
I have a Peak rotary for 3 years after discussing this same topic 3 years ago. It is, as described in a vice review, Bombproof. Jaws, are the integral part of the system and I think over time some may wear out. I consider this to be normal for all equipment fishing related or not. IMO
A lot of the vices mentioned are quality and will last. Test drive as some have stated.
Cheers
rob