Another barnfind GTHO
Bidding on Grays Online passed $200,000 within 24 hours of the undriveable vehicle being listed last week, but it was passed in on the weekend once bids reached $350,000, having not met its reserve price.
However, negotiations after the auction saw the battered and bruised muscle car change hands for $400,000.
After the car was sold, it was revealed 32 dents on its beaten-up bodywork came from an inexplicable axe attack.
Industry experts estimate a full restoration would cost close to $200,000.
The location and identity of the buyer are yet to be revealed, however the website says the car must be collected “as is” – and with a tow truck or car trailer from the auction house in Victoria.
The car was advertised as a rolling chassis without an engine under the bonnet – and was even missing basic essentials such as headlights – however some mechanical parts came with the vehicle.
In the description of the vehicle, the Grays Online website says: “We are selling this car on behalf of the executors of a deceased estate. It is a one owner GTHO Phase III. It does require a restoration to bring it back to its former glory.
https://www.drive.com.au/news/1971-ford-falcon-gtho-phase-iii-sells-for-400-000-attacked-with-an-axe-no-engine-bring-trailer--124346.html?trackLink=SMH3
