Ford Australia Falcon FG

vs

Ford Australia Falcon EL GT

Australia vs Australia — 1998 vs 1988

Ford Australia Falcon FG (1998)
Ford Australia Falcon EL GT (1988)
Specifications
Falcon FG GT-F 351Falcon EL GT 5.0 V8
Horsepower462 hp185 hp
Torque457 lb-ft280 lb-ft
Engine Size5,000 cc4,942 cc
0-60 mph4.3 sec7.5 sec
Top Speed168 mph140 mph
¼ Mile12.3 sec15.5 sec
Weight3,968 lbs3,549 lbs
Wheelbase2,830 mm2,778 mm
Length4,941 mm4,907 mm
Units Produced550250
Value (Excellent)$150,000$75,000
Collectibility9/107/10
Rarity8/107/10
The Verdict

It's a closely fought contest. The 1998 Ford Australia Falcon FG GT-F 351 brings more power, quicker acceleration, higher top speed to the table, and the 1988 Ford Australia Falcon EL GT 5.0 V8 answers with lighter weight, greater rarity, better value. Both are excellent machines that reward their owners in different ways — there's no wrong answer here.

Overview

Few model names carry as much weight as the Ford Australia Falcon FG. The 1998 and 1988 iterations represent different chapters in this storied nameplate's history, each reflecting the priorities and technologies of its era. The 1998 Ford Australia Falcon FG GT-F 351 holds a clear advantage in raw power with 462 hp compared to 185 hp, a 277-horsepower difference that shapes the driving experience. Under the hood, the contrast is notable: the Ford Australia Falcon FG uses a V8 Supercharged DOHC 32V displacing 5,000 cc, while the Ford Australia Falcon EL GT relies on a V8 OHV with 4,942 cc. In the sprint to 60 mph, the 1998 Ford Australia Falcon FG GT-F 351 edges ahead at 4.3 seconds versus 7.5 seconds. The Ford Australia Falcon EL GT carries a weight advantage, tipping the scales 419 lbs lighter. On the collector market, the 1998 Ford Australia Falcon FG GT-F 351 commands a significant premium over the 1988 Ford Australia Falcon EL GT 5.0 V8, reflecting differences in prestige and rarity. From a collectibility standpoint, the 1998 Ford Australia Falcon FG GT-F 351 rates higher among enthusiasts and auction houses.