Ford Australia Falcon FPV GT

vs

Ford Australia Falcon XC Cobra

Australia vs Australia — 2002 vs 1973

Ford Australia Falcon FPV GT (2002)
Ford Australia Falcon XC Cobra (1973)
Specifications
Falcon FPV GT GT-P 5.4 V8Falcon XC Cobra Hardtop
Horsepower421 hp161 hp
Torque420 lb-ft254 lb-ft
Engine Size5,409 cc4,942 cc
0-60 mph4.8 sec8.5 sec
Top Speed168 mph121 mph
¼ Mile13.0 sec16.2 sec
Weight4,034 lbs3,307 lbs
Wheelbase2,831 mm2,819 mm
Length4,945 mm4,870 mm
Units Produced400
Value (Excellent)$80,000$450,000
Collectibility7/109/10
Rarity5/109/10
The Verdict

On balance, the 2002 Ford Australia Falcon FPV GT GT-P 5.4 V8 makes a stronger case on paper with more power, quicker acceleration, higher top speed. However, the 1973 Ford Australia Falcon XC Cobra Hardtop counters with lighter weight, stronger collectibility, and its appeal extends beyond mere numbers. Choose the 2002 Ford Australia Falcon FPV GT GT-P 5.4 V8 for outright capability, or the 1973 Ford Australia Falcon XC Cobra Hardtop for a more distinctive ownership experience.

Overview

Few model names carry as much weight as the Ford Australia Falcon FPV GT. The 2002 and 1973 iterations represent different chapters in this storied nameplate's history, each reflecting the priorities and technologies of its era. The 2002 Ford Australia Falcon FPV GT GT-P 5.4 V8 holds a clear advantage in raw power with 421 hp compared to 161 hp, a 260-horsepower difference that shapes the driving experience. Under the hood, the contrast is notable: the Ford Australia Falcon FPV GT uses a V8 DOHC Supercharged displacing 5,409 cc, while the Ford Australia Falcon XC Cobra relies on a V8 OHV with 4,942 cc. In the sprint to 60 mph, the 2002 Ford Australia Falcon FPV GT GT-P 5.4 V8 edges ahead at 4.8 seconds versus 8.5 seconds. The Ford Australia Falcon XC Cobra carries a weight advantage, tipping the scales 727 lbs lighter. On the collector market, the 1973 Ford Australia Falcon XC Cobra Hardtop commands a significant premium over the 2002 Ford Australia Falcon FPV GT GT-P 5.4 V8, reflecting differences in prestige and rarity. From a collectibility standpoint, the 1973 Ford Australia Falcon XC Cobra Hardtop rates higher among enthusiasts and auction houses.