My first car was one of those:

Fiat 127, 1980 model.
It was an absolutely wonderful car, and it had quite a funny story:
My grandfather bought it new I 1980 - the first brand new car he ever bought.
Later the same year he suffered a stroke, which left him unable to drive. My grandmother kept the car, but she basically hated driving, so she never drove it in winther. Yet she was also keen on maintenance, so she dutifully had it serviced yearly, and rust protected every second year. She also kept it in an open but completely dry carport.
So in January 1998 I got a job where I needed a car for the commute - I was living with my parents (having returned from London, and waiting to start university in the summer). My father had become convinced that it was better for road safety that his mother stopped driving, so he asked her if he could borrow the car, and let me use it, until spring. She never drove during winter, so he was sure she'd accept.
I started driving it, and as my father har foreseen his mother didn't really want the car back. So after a couple of months I bought it of her for 1 Danish kroner. At that time its condition was pristine, and it had run a grand 36 K kilometers.
I owned it all though university, watched it crumble with rust, had the battery die, laughed when my girlfriend called her dad to come rescue her when she drowned it, and learned that it could hold 4 people and 16 crates of beer, if packed correctly. I also learned that leather is a lot better than nylon when you need to tie the exhaust pipe to the bumper, that it gets really fucking cold in a car when the heater dosen't work and its freezing outside, and that you will fill the carburetor with debris when you run out of fuel due to the fuel gauge being broken.
I also learned that when you own a car like that you can get away with murder if you smile and wave at people - I rarely drove an hour on the motorway without someone overtaking me and just breaking out in a huge smile.
In 2006 I moved to Copenhagen, and didn't have a place to park it. Apart from all the broken stuff it was rusted through, and would need serious plate work - which would be way too expensive. So it went to the scrapyard - after a long life in the service of our family. Would love to get my hands on one someday again.