Late in the 1970, Ford replaced the XW range with the new XY range. As with the XW, a GT was also released. By the first half of 1971, a GT-HO, the Phase 3 was delivered.
This GT-HO was a true supercar and with a top speed of over 140 mph was the fastest four door sedan in the world at the time. Approximately 300 XY GT-HO Phase 3 Falcons were produced.
The Phase 3 comes with a top of the line interior with 140mph speedometer and an 9000rpm tachometer. It also sports the protruding aircleaner scoop in the bonnet famously known as the "shaker".