Re: [AMC-list] How many Gremlins still running & how many, AMCs left

["mramc@xxxxxxxxxxx" <mramc@xxxxxxxxxxx>]

Re: [AMC-list] How many Gremlins still running & how many,  AMCs left

I got a book called "Make Money Owning Your Car" by John R. Olson. He 
did a business approach to old car values. His chapter 5 Is: "The 
Element of  Scarcity". He wrote the book circa 1976, so time has skewed 
his conclusions a bit, as cars got much more expensive since then by 
about 5 times. But like Eddie  says as cars age it costs more to fix 
them then to replace them. Unit body cars insurances companies are 
quicker to total out also. Between accidents  and mechanical break downs 
survival rates start drop greatly by the 7 to 10 years old. So, by about 
20 years or there about, according to Olson's study you get about 1% of 
the total production for that year , model left. Another things skews 
this is original cost of car in question. Particularly expensive cars, 
convertible, and sports cars of all types have a higher survival rates. 
Ever seen a Rolls -Royce in a junk yard? I never have seen one. You get 
down to your Hornet & Gremlin , in the mid-1970 AMC was making some 
where around 80,000 to 100,000 a year , off the top of my head . So, 
even 1% turn say a thousand per year or so give or take. It's a fair 
number,but many may be parts cars or the back of some one garage too. LRDaum
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