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Cars may be classified by a number of different criteria and objectives. However, comprehensive classification is elusive, because a vehicle may fit into multiple categories, or not completely satisfy the requirements for any. This article details the commonly used classifications and definitions.There are numerous ways of categorizing passenger vehicles. Where applicable, the equivalent Euro NCAP classifications are also used. Numerous jurisdictions establish vehicle classification systems for tax purposes according to their construction, engine, weight, type of fuel and emissions, as well as the purpose for which they are used.Car-related taxation is based on a sustainable environmental policy known as the user pays principle and there are many differences between different nations and jurisdictions regarding vehicle class taxes and fees. For example, the power of classification was used by cities in the 1920s to exclude taxation of electric-powered vehicles because officials believed they did not cause "substantial wear upon the pavements."
Car rental companies often use[where?] the ACRISS Car Classification Code.
For research into safety, the Highway Loss Data Institute takes into account a combination of both vehicle size and other vehicle features with all passenger cars that do not fit the definition of either "sports" or "luxury", are classified on the basis of both vehicle length and wheelbase.The Ford XY Falcon GT is an Australian built muscle car based on the Ford XY Falcon. Released in 1970 with the GTHO Phase III released in 1971. 1,557 units were produced from September 1970 to December 1971 with 300 GTHO Phase IIIs produced from May 1971 to November 1971.It was the fourth in the initial series of Ford Falcon GT muscle cars. A limited number were exported to South Africa, wearing Fairmont GT badging. This model is starting to increase in value as genuine GTs become harder to find.
With the rev limiter disabled it was capable of 250|km/h and would pull 7,000+ rpm in 4th gear. The rev limiter was set to 6,150 rpm. [not as ex factory/production then]he Ford Falcon GTHO Phase III was built for homologation, it looked almost identical to the GT. The modified version the Falcon GT built in 1971 with a heavily upgraded engine, a 4 speed top-loader gearbox and Detroit locker 9" differential. It was also equipped with special brakes and handling package, plus a 36 imperial gallons (164 litres) fuel tank.
Winner of the 1971 Bathurst 500, driven by Allan Moffat, the Phase III has been described as "...simply one of the best cars in the world, a true GT that could take on Ferraris and Astons on their own terms..." by Sports Car World.
The GTHO's 351 Cleveland engine output was understated as 300 bhp (224 kW) to satisfy insurers. It is generally accepted to produce in the region of 350-380 bhp (265 kW -283 kW). Initial cars were equipped with an electrical rev limiter which came into effect at 6,150 rpm. With the rev limiter disabled, the engine was reputed to pull in excess of 7,000 rpm, even in 4th gear. The Phase III GTHO was the Australia's fastest four-door production car. In 1971 it won the Bathurst 500 motor race in the hands of Allan Moffat, however at the time the Chrysler Valiant E49 Charger held the Australian 1/4 mile record.
The Phase III GTHO is in incredibly high demand with collectors and investors. Good examples have been sold for prices in excess of A$700,000. Due to this demand, a small production run, and 'fewer than 100 remaining' there been a flow on effect into values of the lesser XW and other XY Falcons, particularly genuine GS and 'standard' GT models. Other models that have also benefited from the appreciation of the GTHO include the XA and XB GT hardtops, the earlier XW GTHO Phase 1 and 2 and the XC Cobra.
A Falcon XY GTHO Phase III was sold at by Bonhams & Goodmans at auction for A$683,650 in March 2007. The car had only 40,000 km on the clock. The buyer of the car said it will be garaged, and that it won't be driven, but that he will be "keeping it as an investment".The sale price set a new auction record for Australian muscle cars. Whilst in June 2007 another Phase III sold for A$750,000. Shannons national auctions manger Christophe Boribon blames the global financial crisis for the collapse in values. "We reached an artificial high a couple of years ago but then the GFC hit. Now it is back to reality, " he said. "There is only a limited number of buyers out there for a car like that. "The car is a very rare car. The car is the holy grail of Australian muscle cars."Falcon GTHO Phase III
Price new 1971: $5300 Value 2007: $683,500 Value 2008: close to $1 million Value 2010: $331, 000
The Phase III GT is one of the few cars ever made that appreciated in value from the moment it left the dealership - even in 1975, four year old Phase IIIs were fetching prices equivalent to or higher than the on-road price of brand new XB GTs from Ford dealers.

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