One has to wonder the marketing strategy of naming a car Gremlin in the first place, and releasing it on April fools day to boot. Ive been in marketing ll of my life and I would have voted no on both accounts
But still they did sell a ton of them for the first several years. They were the right car for the times, small and fuel efficient and AMC's 6's are pretty bullet proof so they could take a lot of abuse and survive much better than their competition.
A brand new Gremlin was like $1800 back then, that's comparable to a 10K car in todays dollars, can you even buy a brand new car for 10K today? If there is one I doubt it will still be around 40 years later.
I have a gremlin me and my Dad are restoring, hope to get it done this summer, its a fun little car to drive and certainly is a conversation piece wherever you go!
I have also noticed that gremlin prices have really gone up on Ebay and such, they are the HOT AMC for collectors nowadays it seems