@wapaktom We sure have a lot to thank Reagan for. He pioneered runaway deficit spending and his "bringing the interest rate down" may have made percentages for borrowing drop but his handy work made interest rates on all forms of saving drop a LOT more. These days people are getting a fraction of 1% for savings and lucky to get 3% on CD's. Before Reagan, CD's were paying 18% or more.
The 2.2 was available for the 83 model, the 1.7 was the base motor on my car (a base model car .) It was my first "new" car. I drove the car for 2 years & put about 53,000 miles on it. After that I bought a new 1985 VW Golf because I needed air conditioning. So in 1985 VW offered up a 2 year, unlimited mileage warranty. In 5 years I put 190,000+ miles on that VW! No engine, transmission, clutchr work or major problems. Had to have the heater fixed in it's last year of use.
Horizon/Omni were Good cars!! Glad to Hear you Had One!! I Thought Only 1978-1980 or 1981 Models Only had 1.7l VW Engines...since 1981 was when the 2.2l was ready for Roll Out ...Thats why they used they 1.7l VW Engine...Mine is a 78 1.7 VW Engine..automatic...Love the Car...what did you get after the Horizon??
It was a 1983 Plymouth Horizon. I bought it new a Grogan Chrysler-Plymouth in Toledo, Ohio in the fall of 1982. It was a bright red four door. It was a stripper that was on the lot. It had a VW 1.7 L engine, four on the floor, no AC, PS, PW, or PL. I had the dealer add an aftermarket rear window defroster. As best as I can recall, I paid about $5,500 for it, and financed it at 10.9% ( and as I said, at the time, 10.9% was a great bargain).
Ugh, I bought an '83 Plymouth in late 1982 and 10.9 % financing was the reason why I did. All the other manufacturers and lenders were charging 15.0 % at the time, so 10.9 % was a good deal. You can thank Reagan for bringing the interest rate DOWN. It was around 1983 that the ecomony just started to pick up from a severe recession too.
Ugh, I bought an '83 Plymouth in late 1982 and 10.9 % financing was the reason why I did. All the other manufacturers and lenders were charging 15.0 % at the time, so 10.9 % was a good deal. You can thank Reagan for bringing the interest rate DOWN. It was around 1983 that the ecomony just started to pick up from a severe recession too.
I wouldn't really call Japanese cars pieces of crap, because they're all pretty good. But, if Chrysler started making K cars again, I'd sure as hell would buy one. They were WAY better in the '80s than the Chevrolet Cavalier and Ford Escorts.
@wapaktom We sure have a lot to thank Reagan for. He pioneered runaway deficit spending and his "bringing the interest rate down" may have made percentages for borrowing drop but his handy work made interest rates on all forms of saving drop a LOT more. These days people are getting a fraction of 1% for savings and lucky to get 3% on CD's. Before Reagan, CD's were paying 18% or more.
madhatter0110 6 months ago
imported from detroit...old school style.
Hot80s 11 months ago
The 2.2 was available for the 83 model, the 1.7 was the base motor on my car (a base model car .) It was my first "new" car. I drove the car for 2 years & put about 53,000 miles on it. After that I bought a new 1985 VW Golf because I needed air conditioning. So in 1985 VW offered up a 2 year, unlimited mileage warranty. In 5 years I put 190,000+ miles on that VW! No engine, transmission, clutchr work or major problems. Had to have the heater fixed in it's last year of use.
wapaktom 1 year ago
Horizon/Omni were Good cars!! Glad to Hear you Had One!! I Thought Only 1978-1980 or 1981 Models Only had 1.7l VW Engines...since 1981 was when the 2.2l was ready for Roll Out ...Thats why they used they 1.7l VW Engine...Mine is a 78 1.7 VW Engine..automatic...Love the Car...what did you get after the Horizon??
jakesaintsrow123 1 year ago
It was a 1983 Plymouth Horizon. I bought it new a Grogan Chrysler-Plymouth in Toledo, Ohio in the fall of 1982. It was a bright red four door. It was a stripper that was on the lot. It had a VW 1.7 L engine, four on the floor, no AC, PS, PW, or PL. I had the dealer add an aftermarket rear window defroster. As best as I can recall, I paid about $5,500 for it, and financed it at 10.9% ( and as I said, at the time, 10.9% was a great bargain).
In 1983 terms, it was a good car.
wapaktom 1 year ago
i had CD's in the early 80's earning 18%.....so the 10.9% was a bargain....now i'm lucky to get quarter percent.....
scotsmuscle 1 year ago
@dieselplow
Ugh, I bought an '83 Plymouth in late 1982 and 10.9 % financing was the reason why I did. All the other manufacturers and lenders were charging 15.0 % at the time, so 10.9 % was a good deal. You can thank Reagan for bringing the interest rate DOWN. It was around 1983 that the ecomony just started to pick up from a severe recession too.
wapaktom 1 year ago
Ugh, I bought an '83 Plymouth in late 1982 and 10.9 % financing was the reason why I did. All the other manufacturers and lenders were charging 15.0 % at the time, so 10.9 % was a good deal. You can thank Reagan for bringing the interest rate DOWN. It was around 1983 that the ecomony just started to pick up from a severe recession too.
wapaktom 1 year ago
ouch 10.8 percent financing? And ppl want the Reagan years back?
dieselplow 1 year ago
I wouldn't really call Japanese cars pieces of crap, because they're all pretty good. But, if Chrysler started making K cars again, I'd sure as hell would buy one. They were WAY better in the '80s than the Chevrolet Cavalier and Ford Escorts.
Ian74263 1 year ago