Graham 'Smithy' Smith reviews the used Ford Falcon GT 1970-1972, its fine points, its flaws and what to watch for when you're buying it.
In the days before posted speed limits on our highways the Falcon GT was king. With a top speed in excess of 200 km/h and able to cruise comfortably at 160 km/h the GT was an awesome road car.
While Ford is trying to resurrect the GT in its new BA Falcon range it’s doubtful it will ever capture the commanding road presence of the great GTs, which now reign supreme over the classic car market.
The 1970 XY Falcon GT was the last of the great classic Falcon GTs. The GT badge first appeared in 1967 in the XR range, with follow-up models in XT and XW before the 1970 XY, which was the last of the original body shape that began with the XR.
The GT carried on in XA and XB before being dropped as a regular model in 1973, and Ford later built a couple of GTs – EB and EL – to celebrate the 25th and 30th anniversaries of the original GT, but they were pale imitations of the real thing and have become collectable only because they were built in very limited numbers.
MODEL WATCH
The XY GT is regarded as the last of the great GTs, and is the most sought after today, apart from the HOs that were really built more as race cars than the GTs that were awesome road cars.
There was no mistaking a GT in 1970. It had wild stripes down the side, the bonnet was blacked-out, bold GT badges announced it, and if you missed all of those clues there was no escaping the ‘shaker’ air scoop that protruded through the bonnet.
Inside it had comfortable bucket seats, a centre console, full sports instrumentation, and a wood-rimmed sports steering wheel.
Power was from a 5.7-litre ’Cleveland’ V8 which Ford claimed put out 220 kW, but the reality was that it was considerably more than that.
Most GTs had the four-speed manual gearbox, but there was a three-speed automatic option available, and the diff was the tough nine-inch.
Despite weighing a hefty 1500 kg, the XY GT would sprint through the quarter-mile in 15.5 seconds, and with its tall rear axle ratio would reach a heady 225 km/h.
There was a downside to the go-power though, as the GT was a thirsty beast if you weren’t circumspect with your right foot. With the standard 75-litre fuel tank you found yourself making frequent stops for fuel, although a larger, 164-litre tank, was available as an option and reduced the frequency of servo visits.
ON THE LOT
The normal market dynamics of used cars don’t apply to classics, where emotion plays a much greater part in the purchase.
Enthusiast owners usually know most of the GTs still on the road so they are best placed to pounce when a car comes on the market.
Most XY GTs change hands through club circles as a result of word of mouth, so be careful of any car that remains unsold for any length of time. It may be that it’s priced too high, or the experts know something about it that you don’t.
The best advice when buying an XY GT is to buy the best possible car you can afford. By doing that you’re going to have a car that you can drive and enjoy, and one that will be easier and cheaper to restore if you want to go down that path.
Everyone is looking for a one-owner original car that has been in the shed for years with only a handful of kilometres on the odometer. You might be lucky enough to find one, but the reality is that most XY GTs have had a hard life, covered lots of kilometres, and have had lots of owners.
Look for a car that is complete and original, and has had few owners. Check to make sure the body number matches the number on the identification plate, and check with Ford (phone 13 3673) to make sure it was built as a GT in the first place to ensure it isn’t a mock-up.
Even those checks aren’t necessarily enough, so it’s advisable to check with an expert to make sure it’s authentic. Falcon GT clubs are a good place to look for help.
An alternative is to buy a restored car, but be careful. It’s better to buy a car that’s been professionally restored by an expert than one that has been restored by a backyard restorer who thinks they know it all
An original XY in run-down condition can cost as much as $20,000-$30,000. Fully restored cars command much higher prices, often well in excess of $50,000.
Rare factory options, like a sunroof, cloth trim, rear window demister, dual exterior mirrors, eight-track cartridge player, can add to a car’s value.
IN THE SHOP
Falcon GTs haven’t always been treated the way we’d like to think a classic should be. They were among the fastest cars on the road in their day and most have been used and abused, so expect signs of a hard life.
The more owners they’ve had the greater the likelihood they’ve been driven hard, and possibly crashed, so hope for the best and be prepared for the worst.
Cars that have had lots of owners will usually need lots of work to bring them back to good drivable condition. Every owner thinks they know best so they will often fiddle, and generally make things worse in the process.
The XY GT is now 30 years old, and like most 30-year-old cars suffers from the dreaded tin-worm. Expect to find rust in a number of areas, in the bottoms of the guards, the bottoms of the doors, around the rear window and possibly in the plenum chamber and torque box at the front of the chassis.
Mechanically they are tough. The Cleveland V8 is rugged and can stand a fair amount of abuse, and can easily be rebuilt once they’re worn out. Same goes for the four-speed gearbox and diff.
LOOK FOR
• classic car synonymous with the golden era of Australian muscle cars.
• awesome road performance with thundering exhaust note will turns heads and make you feel good.
• rapidly sinking fuel gauge will ensure you get to know your local servo attendant.
• make sure of the authenticity.
• be prepared for the wear and tear from a hard 30 years of high-speed road life.
RIVALS
1971 HG HOLDEN MONARO GTS 350 - $15,000-$25,000
1971 VH CHRYSLER CHARGER R/T - $8000-$13,000
