Welcome to Down On The Street, where we admire old vehicles parked on the streets of the Island That Rust Forgot: Alameda, California. The K-Car saved Chrysler when it got bailed out the first time, but examples are rare today.
Examples of the original generation of Ks are rare, that is; Chrysler made endless derivatives of the K platform, well into the 1990s. By 1987, the Reliant K was starting to look pretty dated, even after Chrysler replaced the "Custom" trim level with the designation "LE."
Back in 1987, car shoppers could get a new Reliant LE sedan for $8134 (about $15,500 in 2009 bucks). For that price, you got no air conditioning, no radio, no frills. Compare that price to the $8,249 tag on the 1987 Honda Accord DX hatchback and you see the appeal of the Reliant; a very American-looking car with plenty of interior space and decent fuel economy; sure, the Accord probably lasted longer, but it was smaller and less comfortable and looked foreign.