You don't even have to go back that far. In 1992, my father bought me a wedding present, a 1992 RS Camaro, last year of the Gen 3 body style.
Soon, with kids coming, and gas going up, the ol' Camaro wasn't cutting it anymore. Dad (now grandpa) wouldn't hear of us selling it outside the family, so he bought it from us. Over the years grandpa kept promising he was going to give the car to my oldest son when he turned 16. Lo and behold, grandpa kept his word, and last year my son got a '92 Camaro in fairly decent shape.
Every once in a while, the boy lets me drive it. Each time, invariably, I start off thinking "what a pile of crap". It has the ergos of a coffin. The driver's door sags and is hard to close, along with poor window sealing. The brakes require a hearty stomp to work. The on-center feel is vague and wandery. And, to the amazement of the boy, there are no cup holders.
Also invariably, by the end of the drive, I have a big smile on my face.
Good grandpa. Generous AND thrifty.