Depends how you mean, items which degrade through wear and tear may do. Speaker bass units, turntable belts, cartridge stylus tip wear, etc, all have an impact on the sound. That said, I think older gear can have a very attractive sound to it.
With the exception of my DVD player, which I bought a couple of years ago for SACD duties and my cartridge, nothing is newer than 2001.
In fact, as of last night, the oldest item of kit suddenly became about 30 years old! A Sansui TU-317 analogue tuner and very much looking forward to hearing it I am!