07-07-13, 11:31 AM
(06-07-13, 11:55 AM)nick crisp link Wrote: I'm soooo glad I learned to ride before all this insurance lunacy. At 18, I went from a CB100 to a 750 Turbo, and remember paying about £250 TPFT for the first policy on the Turbo. What's that in todays terms?that depends on what year it was but here are some examples using average earnings
1970= £5,440
1975= £2,560
1980=£1,290
those were the days inflation running at 25 to 30% per annum my mortgage interest rate was 18.5% yes 18.5%