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1974 American Motors Gremlin
2dr Sedan
6-cyl. 232cid/100hp 1bbl
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$8,400*
-3.4%
#4 Fair condition#4 Fair
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Jan 2025
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1970-1978 AMC Gremlin stats
Highest sale
$49,500
Lowest sale
$1,068
Most recent sale
$16,500
Sales
62
Photos
1 photoImage may not reflect selected vehicle.
Past sales
$16,500
1978 American Motors Gremlin Base
Automatic
North America
Jan 22, 2025Barrett-Jackson
View details
$22,000
1974 American Motors Gremlin X
42122 M
Automatic
North America
Dec 6, 2024Mecum Auctions
View details
$11,000
1976 American Motors Gremlin Base
81027 M
Automatic
North America
Oct 17, 2024Mecum Auctions
View details
$10,762
1973 American Motors Gremlin X
62000 M
Automatic
North America
Aug 23, 2024Bring a Trailer
View details
$25,300
1974 American Motors Gremlin Base
53585 M
Automatic
North America
Jul 25, 2024Mecum Auctions
View details
$29,137
1972 American Motors Gremlin Base
26000 M
Automatic
North America
Jun 4, 2024Bring a Trailer
View details
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Model overview
Model description
The Gremlin by American Motors Corporation was an ingenious idea from designer Dick Teague, supposedly sketched on a napkin. American Motors didn’t have the resources to design a sub-compact from scratch, so Teague basically chopped the back off the company’s Hornet sedan and shortened the wheelbase 12 inches to 96 inches. The car was a creative and well executed way to create new products out of existing ones.
Most Gremlins were fitted with the 135-hp, 232-cid six-cylinder engine and came with a three-speed floor shift or column-shift automatic transmission. The Gremlin was launched in April 1970, with a flat Kamm-back tail that originally lacked an opening rear window in the two-seat option. Only 872 buyers opted for the two-seater, while 27,688 went for four seats and the liftback. The 21-gallon tank gave the car a useful 500-mile range.
Sales tripled in 1971, but again very few buyers chose the two-seat version, so that body style was cancelled for 1972. That same year, a performance variant debuted in the Gremlin X, which carried a 304-cid V-8 with 150 hp. The Levi’s Gremlin package appeared in 1973, bedecked in denim from front to back. The larger 258-cid six-cylinder engine was offered in 1973 and 20 mpg was possible, which was good mileage for the era. Sales rose to nearly 125,000 units, with fewer than 12,000 of those equipped with the V-8.
The news was even better for 1974, when without significant changes, more than 170,000 Gremlins found buyers. AMC introduced the Pacer in 1975, and Gremlin sales plunged to 56,000, while more than 90,000 buyers plunked down their money on its circular sibling. Gremlin sales continued to decline, though it was still a moneymaker. The Gremlin received a four-speed transmission and a front end restyling in 1977 before hanging it up after the 1978 model year.
AMC Gremlins have gone from endangered species to virtually extinct in the past few years, though they have a loyal following nonetheless. They were a very practical subcompact for more years than anybody would have guessed in 1970, and the fact that they are instantly recognizable, visually distinct, and simple and robust makes them an terrific candidate for a first collector car.
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Common Questions
The value of a 1974 American Motors Gremlin can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $8,400 for a 1974 American Motors Gremlin in good condition with average spec.
The highest selling price of a 1974 American Motors Gremlin at auction over the last three years was $25,300. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1974 American Motors Gremlin at auction over the last three years was $10,185. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 3 1974 American Motors Gremlins sold at public auction.
The most recent auction sale of a 1974 American Motors Gremlin was $25,300 on July 25, 2024 by Mecum Auctions.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.