In general the standard vehicles built today put those of yesteryear to shame in every way. I have a cheap Mazda 3 with 315,000 kms, zero mechanical work done other than consumables and it drives as new, everything works, even the AC. And the cheap little thing has the same acceleration 0-60 or 1/4" mile as a Boss 302 Mustang from the 60s. That and 40 mpg on a trip. You are also a lot safer in the newer vehicle . Get in a crash in that old Mustang and the grim reaper is right there, no air bags, only lap belts and so on.
I bought a replacement car not long ago and it is even safer with all the newest crash avoidance stuff and more airbags. All of this is good because it is even faster, turbocharged and a performance match for a 60s big block muscle car such as the tri- power 435 hp 427 Corvette. And , slightly better fuel economy on this one, 42 mpg vs 40 on the older one ( or 9 for the Corvette!)
I expect it will be as reliable as the last Mazda, the 2007 model I am still trying to drive into the ground, but it just won't quit!
Ironically, if there are some exceptions to that statement that today's vehicles are better, they are mostly in the higher cost vehicles such as many of the German brands. Those have all had big reliability issues over the last decade or so. Who would have expected Germany to start producing bad vehicles at high prices?
So the pay more get more rule is turned on its head there.
It also fails to work with certain expensive motorcycles.
I have a Triumph that I use for long-distance touring. It has been nearly flawless so far, but it isnt an expensive brand, should I expect a lot of trouble from it?
Should I have gone the extra dollar for the 961 Norton?
Glen