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2016 Shannons Melbourne Autumn Classic Auction
Lot
38

1971 Ford XY Falcon GT-HO Phase 3 Sedan

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Specifications

Engine V8, 351-cid
Gearbox 4-speed manual
Body Work Sedan
Colour Electric Blue
Interior Black
Trim Vinyl
Wheels Cast Alloy
Brakes Discs/Drums

Description

This lot is no longer available

Just what is it about the Phase III GT-HO that has made the car such an icon and the king of the local muscle car scene? That it was the ultimate Falcon GT in terms of raw performance, not to mention the fastest four-door sedan in the world at the time? The fact that only half of the 300 made survive in original condition? Perhaps it’s the racing heritage – the GT-HO proved just about unbeatable at Bathurst, taking out five of the top six places in 1971, with Allan Moffat at the wheel of the winning car. Whatever it might be, for most Aussie blokes with even a passing interest in cars, the Phase III has become a legend and this ultimate status has translated into unprecedented appreciation in recent years. Based on the hottest Falcon of the era, the XY GT, complete with Shaker hood and a thumping 351-cid V8, the HO option added a front spoiler and full-width rear wing to an already tough looking package. Under the bonnet (complete with stripes and lock-out pins) there were new heads and valve gear, while a four-barrel Holley 780 cfm carburettor and higher compression ratio of 11.5:1 helped boost output to a mighty 370 bhp at 5400 rpm. With a choice of three diff ratios and a close-ratio gearbox optional, other modifications included thicker stabiliser bars and bigger rear drums. All of this added up to the finest handling, fastest and most desirable GT Falcon ever produced in Australia. Make no mistake, the Phase III remains a seriously quick motor car – figures like 14.4 seconds for the quarter mile sprint and a top speed of 142 mph remain impressive even now, 36 years later. Unquestionably the most collectable production car ever made in Australia, the Ford Falcon XY GT-HO Phase III has become a rapidly appreciating asset in recent years but slipping behind the wheel all this becomes largely irrelevant, as the cars true worth can only be experienced from behind the wheel.