Actually this bike is about the same age as me. We both fold in half to fit in the car too.
It's been a looong time since I had a bike. My last one was really old too, and I used to drag it down stairs and ride it to work when I was about twenty. One morning I ran over a stick, which then flipped into the spokes and stopped the bike like a brick wall. The bike flipped over and I smashed onto the street---I'm sure it was really amusing for all traffic going by. Anyways, I limped on into my job and worked half the day before my boss said, "Hey, you aren't supposed to be here. Didn't you look at the schedule?" Shit.
Boy, that hurt so bad that I still think about it EVERY single time I ride. Good times.