[BaadAssGremlins] re: How many Gremlins still running & how many,

["Eddie Stakes" <eddiestakes@xxxxxxxxxxxxxxxxxxxx>]

Below was posted by Larry Duam. Some of you probably know Larry, old school 
AMC historian, good friend, if you ever get a chance to meet him at a meet, 
please do, he is numbers guy when it comes to AMC, has helped me also a lot 
thru years when something stumps me so I greatly respect his opinion of 
stuff like this, so here was his reply.

"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"

Eddie Stakes
Planet Houston AMX
713.464.8825 days
eddiestakes@xxxxxxxxxxxxxxxxxxxx
www.planethoustonamx.com 



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