Sometimes pictures can be PhotoShopped. Sometimes words are both right and wrong. Why didn't anyone correct my right-and-wrong comment about AMC rebate? Not enough words? AMC did NOT invent the cash sales rebate; Chrysler did, in 1979, when Iacocca's "Buy a car, get a check!" (his check was for $50; look at us now...) created one of the most successful auto sales programs of all time. He sold K-cars, saved Chrysler, and then bought AMC/Jeep. Or is it too far away to recall? Tangent: Exactly 34 years ago yesterday, Lee Iacocca became President of Ford; 26 years ago on the Ides of October, Henry Ford II fired him. Before 1978 ended, Iacocca was President of Chrysler. In 1985 and 1986, he tried to acquire AMC; he had a tough time convincing the board to eventually do so. Three weeks from yesterday, it will be 12 years since he retired as Chrysler CEO. He was one of the best car -salesmen- of all time. He virtually outlawed airbag research while at Ford, but when he needed to sell higher-content, higher-profit K-cars, he promoted airbags and made Chrysler the first domestic with standard SRS. He now says that he'd "rather be remembered for helping create the Mustang or the minivan" instead of the "guy who invented rebates." He also says that he will always be "one of the most hated guys ever" within the industry, since car companies pay for rebates, no matter how many more cars they help to sell. His rebates worked so well that GM, Ford and American Motors rebated too. The Big-three American automakers (and AMC) soon were selling more cars, but at lower prices and lower profits. What once was Chrysler's brief advantage has become a permanent disadvantage to the American auto industry --- while Honda, Toyota and [name import here] continued to build better, bigger, higher priced and more profitable vehicles. Look how far we've come. Text: But there are two parts of that chapter of American car history we may have forgotten. 1 - Lee Iacocca derived his cash rebate concept from the factory-sponsored 1971 "free TV" and 1978 "free a/c" premium offers and from the ~1977 factory "silent" promotion (a $250 Pacer rebate) premiered by the car company he later acquired. Lee copied American Motors. 2 - Lee Iacocca also said, "Rebates don't sell cars, cars sell cars." The concept once again "saving" DaimlerChryslerJeep (Mercedes certainly isn't) when 300Cs can be sold without rebates. Full price; high profits. Just like [Toyota] Prius, [Toyota] Scion and [Toyota's Lexus] RX today. AMC rarely --- even when it had two-seat AMXs, four-cylinder Gremlins and opera-windowed Concords (Lee Iacocca thought they were "winners" in dark maroon and navy) to sell --- could sell cars at full price for high profits. The most profitable car AMC ever sold was an 20-year-old truck designed by an outside consultant. Jeep Grand Wagoneer. Lee Iacocca liked it also: enough to buy it and its [AMC-designed] little brothers. Jeep profits went on to save Chrysler so it could become Mercedes. Look how far they've come. When Toyota becomes the new General Motors, will DaimlerChrysler be AMC/Jeep? BTW, it was a 12" B&W [American-made?] GE TV. So far away... BTW2, not far from Milburn, Defiance, Dana (and, of course, Jeep) is: http://www.bright.net/~oberhausenterprises/id21.htm Happy motoring through middle-American auto history.