Back in 2018, a pristine condition 1971 Ford Falcon GTHO took the title of being the most expensive Australian-built car to be sold at auction, managing to fetch $1.3 million as the hammer fell.
Over the weekend, a similar Falcon crossed the auction block over in Australia but was looking a lot worse for wear than the record-breaking example, but that didn't stop bidders attempting to take it home.
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Without an engine, and wearing questionably modified guards, this XY Falcon was well past its glory days, and would've been left to rot in a shed for the rest of its days if it wasn't uncovered late last month.
Despite this less-than-desirable condition, and the plethora of rust across the body panels, bidders obviously saw the potential in this old Falcon as it ended up going for more than $400,000.
After the car sold it was revealed that the 32 dents across the car's bodywork came from an axe attack back in the day. It was also used as a race car once, when it was owned by Armando Perri.
It has been estimated that it will cost somewhere in the ballpark of $200,000 to restore it back to its original glory, meaning that its new owner will be around A$550,000 in the hole once it's ready to sell again.
Obviously, it won't fetch the million-dollar mark like that matching numbers, pristine example from 2018, but we wouldn't be surprised to see it fetch over $700,000 once its fully-restored.
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