I’ve still got my first acoustic guitar - a Hohner Leyanda series thing I bought from Argos in 1988. I played it to destruction - the frets are wrecked, part of the fretboard fell off and after a few months stored without strings the neck has gone off piste and buzzes everywhere.
But I can’t possibly throw it away, it’s worth nothing to sell, not worth repairing and currently doesn’t even make the grade as a campfire jam instrument.