I think mine were a bit less than that even. Not that there's much rubber involved in a skinny Punto tyre, so you'd expect cheapness really.
Paul will think I'm having a go at him if I'm not careful, and I'm absolutely not, but I've noticed a couple of times recently how different our definitions of impoverished are, and mine doesn't involve being able to pay (only!!!) £110 for a graphics card and £120 for a single tyre!