It doesn't matter at all how things were in the 70s. What matters is that car ownership is much harder than it should be, NOW. It was cheaper, so it could be practically as cheap as it was a few years ago, but it's not.
If you evaluate the cheap cars from the past (say, 1986: Mini, 2CV to a lesser extent the 2CV and really cheap options such as Yugo, Zastava and the Fiat Panda of the day) you'll find that they were very slow and underpowered, consumed quite a bit of fuel, were super dangerous to drive (both the Mini and the 2CV were essentially driving coffins, I should know, I've had both) and were comparatively high maintenance. They were also about 10K guilders at the time, which today would be approximately 11500 euros give or take. That's order of magnitude equivalent but your 15K car today is much safer, sips fuel in comparison and will go three times as far between service intervals.
Car ownership right now is very easy, new car ownership is harder, but it always was, and if you want to compare apples-to-apples you need to compare much higher class vehicles from the 80's with the present low end because the low end from back then has simply disappeared: nobody would buy a 1 star NCAP vehicle even if it was cheap and available, the market simply isn't there anymore. Maybe you're the exception but if that's so then I'm sure you can find a nicely restored 1980's mini for that kind of money. But please don't, they're more dangerous than they even were back then because a modern 'cheap' vehicle will drive right through a 1986 Mini in an accident.