Car: AMC Gremlin X 304 V8
What makes it special: All Gremlins received a new body-colored front fascia treatment for 1972. Among many other changes was an available 304 cu in V8 engine under the Gremlin X's hood, using "the muscle car formula of stuffing a big motor in a small car." A first for the AMC economy car.
What made it famous: Even though its 304 V8 was rated at 150 hp, the V8 Gremlin X was considered a poor-man's Corvette. It was able to spin its rear tires and outrun some larger, more expensive Pony Cars of the time. It was unique in that it was the only real performance car available under $2,200.
Why I would want one: The AMC Gremlin may still be the unwilling recipient of countless jokes, but it is an iconic 70's body style, and a fun car. With the addition of the factory V8, then adding some mild tweaking and a few bolt on performance mods, you can easily shame a more known muscle car at the stop light. I love it.
Fun fact: American Motors introduced the automobile industry's first 12 month or 12,000 mi (19,000 km) bumper-to-bumper warranty, called the "Buyer Protection Plan". Owners were provided with a toll-free number to the company, as well as a free loaner car if a warranty repair took overnight.
( 1972 AMC Gremlin X 304 V8 photo from montrealracing.com )