It's interesting you mention this. I got a chance to visit the family holler (rural mountain farmstead) when I was a teenager. Everyone back there was still driving old pickups, most of their tools were pretty old as well. You could tell a lot of things were kept just because of that very idea that they could repair them.
I know my grandfather, growing up as poor as he did, NEVER threw anything broken away until he was absolutely convinced that it could not be repaired. I wouldn't be suprised if most of his gardening equipment was from the 60's and 70's.