Getting a diver's lifejacket ("horsecollar" type)

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$287 looks ex£en$ive compared to the price of Fenzy diver's lifejackets in old times.

You did say you wanted new. You may be able to find an old one on EBay for less, but a lot of old ones have leaks and deteriorating bladders. Personally, BCDs are the one piece of scuba gear that I would not buy used.
 
$287 looks ex£en$ive compared to the price of Fenzy diver's lifejackets in old times.

Not really:

To put tursiops comment into perspective, the cost of the Fenzy was perceived as very expensive at the time for two reasons: 1) $125 in inflation adjusted dollars is $903 today and 2) more important is it was a new category of equipment where most divers spent from zero to about $20 for a Mae West style vest for surface use only.

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