I disagree and so do many others.
Not if you bought the right car 20+ years ago. I have a Mitsubishu Montero Sport which is now 21 years old. No frills, the bare bones model. Issues in 21 years: Zero. In Germany I had a large Audi station wagon, also the no frills version. It was built in 1987, I sold it to a former neighbor, he drove it until he was in his 90's and gave up drining, sold it again. Problems: Zero. Except once when a frozen food truck driver backed into it but his insurance paid.