Ok, factoring for inflation, a $4.98 record in 1972 would cost $31.57 today. So, about the same, actually a jumbo soda less. But that $4.98 record ($3.98 for mono), would probably play just fine, and if it didn't, hope in the car (or on the bike) and take it over to Soundtownhouse Of Records and get a new one that did, no problem, no questions asked, hey, this record don't play right, oh, bummer, here's a new one.
Things are supposed to get better over time, unless people forget how to do it, or else just don't give a damn about how it comes out. And the consumer is supposed to drive that bus, if they can stay sober-minded enough, which, ugh about how that goes. But Kramden done Krunk.