when it is so old and worn out that a new washer will no longer seal it and prevent it dripping.
This might take between 20 and 60 years.
They wear out faster if they have been left with worn washers, and the householders try to tighten them down with great force, in a futile attempt to stop the drip. A householder who has got into this habit will often continue doing it when a new washer, or even a new tap, is fitted, thus wearing out the washer and the tap sooner than necessary.
In my own houses I have never worn out a tap or a washer. All the taps can be operated with a fingertip.
If you have to fit new taps, I recommend Bristan. Unlike flashy imports The spares are easy to get and I find the taps durable.
If you want a laugh, go to the Grohe tap site and look up he price of a replacement part, then go to the Bristan tap site.
The ones with washers are cheaper and easier to maintain than the ones with ceramic cartridges, and I think more durable.