Seems cheap by today's prices, but as you know £200 went a lot further then, than it does now! Back then I was living in the North East, there was young lads in local bands who had Fender's and Gibson's, but they were the lads who's parents were well off, they were a minority. I got left some money by an aunt and I bought my first decent bass in 1983, a brand new £240 Sunburst Squier JV Precision, from Guitarzan in Middlesbrough, I got ribbed for owning one of Fender's "Poor cousins".... "Oh how that assumption got turned on it's head!" I sold it under duress in 1990 for £250.