As I said you are the one who bought a leased licence. You should of bought the owned licence.
So yes you have to renew it. They no longer offer the 3.8 licence. You have to buy 4.0 but you can still run your 3.8 software. You are the one who signed a yearly contract. When its up you must sign a new one and it may have new terms. That goes with any contract.
When you sign a yearly lease and you renew the following year your rent could go up. Either sign the new contract/lease pay a few more dollars or you move to a new place, in this case new software.
90% of the complaints of these new licence terms are user error not vBulletin.
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