If PCP had been available 40 years ago.....
If PCP had been available 40 years ago.....
Author
Discussion

leonardfell

Original Poster:

85 posts

206 months

Thursday 13th February 2020
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What cars would you have bought.

40 years ago I was driving MG's, Triumph sports cars, progressed to Peugeot 205 GTI's, Golf GTI's etc. Most purchased with a bank loan. The more exotic stuff was unavailable due to affordability. With PCP, PCH, Balloon payments, small deposits and car finance making much more expensive cars affordable today. What cars would you have bought 40/50 years ago. Me probably Lotus Elan, Porsche 944, TVR, cars in this category were always just outside what I could afford.

MC Bodge

29,543 posts

204 months

Thursday 13th February 2020
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I'd probably have been driving a Ford Granada 2.8 estate, bought with my own cash wink

swisstoni

23,875 posts

308 months

Thursday 13th February 2020
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I fear that all it would have taken was a friend or two driving things they could not afford to buy outright (I imagine a 3 litre Capri would have been on the list) and I would have happily jumped on the PCP train.

Deep Thought

40,091 posts

226 months

Thursday 13th February 2020
quotequote all
leonardfell said:
What cars would you have bought.

40 years ago I was driving MG's, Triumph sports cars, progressed to Peugeot 205 GTI's, Golf GTI's etc. Most purchased with a bank loan. The more exotic stuff was unavailable due to affordability. With PCP, PCH, Balloon payments, small deposits and car finance making much more expensive cars affordable today. What cars would you have bought 40/50 years ago. Me probably Lotus Elan, Porsche 944, TVR, cars in this category were always just outside what I could afford.
In my early 20s i was driving an MG Metro followed by a lightly modded Fiesta 1.4S. I guess i'd have went with a new XR2 or XR3i or maybe an Escort RS Turbo.

Mileage covered and insurance costs would probably have been the limiting factor for me though.

Piha

7,150 posts

121 months

Thursday 13th February 2020
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Great question OP.

I would have had a Lancia Integrale, like the ones I use to look at Mike Spence Motorsport all the years ago. I know that wasn't 40 years ago but hey! They were lovely but financially unobtainable at the time. The Triumph Stag would've been car I lusted for prior to getting my driving licence.

Dave Hedgehog

16,300 posts

233 months

Thursday 13th February 2020
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RS200, local dealer had one in the showroom for ages, i gave it very serious thought

They where cheap enough but i was doing some house renovation and stuck with the cosworths for monthly cash flow


SDarks

193 posts

121 months

Thursday 13th February 2020
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Golf R

Dr Jekyll

23,820 posts

290 months

Thursday 13th February 2020
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When was PCP introduced in the UK? Seem to remember it was early 90s.

DaveTheRave87

2,155 posts

118 months

Thursday 13th February 2020
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SDarks said:
Golf R
laugh

Deep Thought

40,091 posts

226 months

Thursday 13th February 2020
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Dr Jekyll said:
When was PCP introduced in the UK? Seem to remember it was early 90s.
1980s by Ford.

wjwren

4,484 posts

164 months

Thursday 13th February 2020
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Didnt Ford call it 'Options' or something like that?

Deep Thought

40,091 posts

226 months

Thursday 13th February 2020
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wjwren said:
Didnt Ford call it 'Options' or something like that?
They did indeed yes.

WonkeyDonkey

2,579 posts

132 months

Thursday 13th February 2020
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It would have made more sense in the 70s to PCP when cars didn't last anywhere near as long as they do now.

Dr Jekyll

23,820 posts

290 months

Thursday 13th February 2020
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I got the impression PCP became more popular as company cars schemes became less popular.

swisstoni

23,875 posts

308 months

Thursday 13th February 2020
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Dave Hedgehog said:
RS200, local dealer had one in the showroom for ages, i gave it very serious thought

They where cheap enough but i was doing some house renovation and stuck with the cosworths for monthly cash flow
Ford couldn’t shift them for ages. I seem to remember they wanted £15k for them (but only vaguely remembered).
Doesn’t sound a lot but that would have been 1.5 Granadas.

anonymous-user

83 months

Thursday 13th February 2020
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Piha said:
The Triumph Stag would've been car I lusted for prior to getting my driving licence.
Back then with the exception perhaps of the RS2000 most Fords seemed like cheap options because we couldn't afford Triumph Stags, TR6's, MG Roadsters and at the time always rated these 3 BL offerings over any Granada Cortina or Escort. At no time did I ever imagine some of these Fords being more desirable than an MG Roadster.
You live and learn.

GOATever

2,651 posts

96 months

Thursday 13th February 2020
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swisstoni said:
Ford couldn’t shift them for ages. I seem to remember they wanted £15k for them (but only vaguely remembered).
Doesn’t sound a lot but that would have been 1.5 Granadas.
I know someone who used to work for Ford, when the RS200 project was happening. He reckons they had the bodies made by reliant, then delivered to Dagenham, and there they stayed, and were a pain in arse, because it was only a project to satisfy the homologation rules for Group B Rally, and they weren’t initially allowed to sell them on the general market, so the cars were just wheeled around the factory at random, and pretty much got in everyone’s way. That said, I would have loved to have one on PCP, if that was available back then.

Justin Case

2,195 posts

163 months

Thursday 13th February 2020
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Not 40 but 30 years ago I bought a new Citroën BX on HP. If PCP had been around then I would probably have had the same car but my monthly payments would have been less ☺

Edited by Justin Case on Thursday 13th February 22:29

InitialDave

15,072 posts

148 months

Thursday 13th February 2020
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Imagine the arguments on talk.pistonheads about it.

Vee

3,109 posts

263 months

Friday 14th February 2020
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I used my parents car from passing my test in 1991 until 1995, when I bought a used Mk2 Golf GTi.
With easy access to PCP I’d have wanted to get an E30 M3.