Volvo Amazon (1967)Sicnag, CC BY 2.0, via Wikimedia Commons

Volvo Amazon 123GT

1967 — Sweden

Muscle Era (1960-1974)SedanSwedishRally LegendsHomologation SpecialsBarn Find CandidatesSwinging Sixties
Engine1,780 cc Inline-4 OHV
Power115 hp
Torque115 lb-ft
Transmission4-speed manual with overdrive (M41)
DrivetrainRWD
Body StyleSedan
Weight2,381 lbs
0–60 mph11.0 sec
Top Speed109 mph
Production1,528 units
Original MSRP$3,300
BrakesDisc / Disc
SuspensionIndependent, coil springs, wishbones / Live axle, coil springs, trailing arms, Panhard rod

Volvo Amazon 123GT

The Volvo 123GT, introduced in 1967, was a factory-built sporting variant that transformed the beloved but decidedly sensible Amazon into a genuine performance car. While Volvo had long demonstrated the Amazon's competition potential through rally successes across Scandinavia and beyond, the 123GT was the first time the company offered a dedicated sports package directly from the Gothenburg production line.

Mechanically, the 123GT was distinguished by its tuned B18B engine equipped with twin SU HS6 carburetors, a high-compression cylinder head, and a sportier camshaft profile. The result was 115 horsepower — a meaningful increase over the standard Amazon's 75 to 90 horsepower depending on specification. This engine was mated exclusively to a close-ratio four-speed manual gearbox with electrically-engaged Laycock de Normanville overdrive as standard equipment, giving the car effectively six forward ratios and making it an excellent long-distance cruiser as well as a backroad entertainer.

The chassis received corresponding upgrades. The 123GT featured stiffer front springs, revised shock absorber rates, and a front anti-roll bar that sharpened the Amazon's naturally composed handling into something approaching genuine sportiness. The car rode on wider 165SR15 tires that provided noticeably more grip than the sedan's standard rubber. Four-wheel disc brakes — already standard on many Amazon variants — ensured that stopping power matched the increased performance.

Visually, the 123GT was subtly distinguished from standard Amazons. A tachometer replaced one of the auxiliary gauges in the dashboard, and the instrument cluster featured white-on-black markings for improved legibility. A leather-rimmed steering wheel, bucket seats, and additional soundproofing elevated the interior beyond standard Amazon appointments. Externally, small '123GT' badges on the front fenders and a black grille surround were the only visual tells — in keeping with Volvo's characteristically understated approach.

The 123GT achieved considerable success in rally competition. Its robust mechanicals, predictable handling, and surprising agility made it a favorite among Scandinavian privateers, and the model scored class victories in events including the RAC Rally, the Acropolis Rally, and numerous national championships. Volvo's competition department used the 123GT platform to develop techniques and technologies that would influence the company's performance cars for decades.

With only 1,528 units produced over a three-year production run, the 123GT is among the rarest and most collectible of all Amazon variants. Its combination of genuine motorsport heritage, limited production numbers, and the inherent charm of the Amazon design has made it a prized find among Volvo enthusiasts. Values have risen steadily as the classic car market increasingly recognizes cars with authentic competition credentials.

$25,000 – $65,000

Extremely rare — verify authenticity first. Check the chassis plate for correct 123GT designation, as many standard Amazons have been modified to replicate the GT specification. The B18B engine should have the correct twin SU carburetor setup and high-compression head. The overdrive must function on all gears it was designed for — solenoids and relays are the usual failure points. Rust checks are identical to standard Amazons: sills, floor pans, wheel arches, and door bottoms. Bucket seats and leather steering wheel should be present. A documented rally or competition history adds significant value.

Only 1,528 units built from 1967 to 1969, making it the rarest Amazon variant. The B18B engine was hand-selected and tested before installation. All 123GTs came with the M41 overdrive gearbox as standard. The model served as Volvo's homologation special for Group 2 rally competition. Production ended when the Amazon was replaced by the 140 series.