This whole generation of Ford Falcons are known for their high spec performance cars and many like to make replica versions as project cars. Make sure you know exactly what you are buying as a replica GT is just as collectable as the base model. The XT is know to be a rust bucket, with rust forming everywhere. Look to see for evidence of rust repair jobs. The engines are fairly solid but some are known to use a lot of oil.
Rust in all panels, floor pans and firewall. They tend to rust from the inside out, don’t trust a new paint job as a sign that it is rust free
Worn steering components
Check for any signs of modification/ restoration
Engine leaks
Reverse gear on automatic transmissions
Front suspension issues