The Best Thing About The 1983 Skyhawk Was The Interest Rate

Illustration for article titled The Best Thing About The 1983 Skyhawk Was The Interest Rate

Here's evidence that the Malaise Era really did persist until 1983; after the relentless inflation, oil crises, and general economic gloom of the previous ten years, 8.8% interest on a car loan sounded incredibly good.

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The only problem with this deal, of course, was the car itself. By 1983, the early GM J Body (Cavalier, Cimarron, etc.) had already made a name for itself as an all-around miserable car, with reliability problems that made owners wish that Fiat would rethink its retreat from the American marketplace. But hey, a new car for cheap!

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DISCUSSION

dustin-driver
dustin_driver

With an interest rate that low, you might as well step up to a Chevy Celebrity! Even a Celebrity Eurospec!