A Complete Guide to Variants, Engines & Transmissions (1964)
The Australian XM Falcon, produced during 1964, represented a significant improvement over the earlier XK and XL models. By the time the XM arrived, Ford Australia had addressed many of the durability issues that plagued the earliest Falcons, making the XM far better suited to Australian roads and conditions.
While trim levels were still relatively simple by modern standards, the XM Falcon range offered distinct body styles, interior trim variations, and engine and transmission options that are important to understand for restorers and collectors today.
Overview of the XM Falcon Range
The XM Falcon was available in multiple body styles, with trim differentiation based largely on interior finishes, exterior brightwork, and factory-fitted options, rather than clearly named luxury grades.
Available Body Styles:
- 4-door sedan
- 2-door sedan
- Station wagon
- Utility (ute)
- Panel van (Sedan Delivery)
This broad range allowed the XM Falcon to appeal to families, tradespeople, and commercial buyers alike.
XM Falcon Standard Sedan (Base Model)
The standard XM sedan was the most common variant and targeted at family and fleet buyers seeking affordability and practicality.
Trim & Interior Features:
- Vinyl bench seats
- Rubber floor mats (carpet optional)
- Painted dashboard with minimal chrome detailing
- Single sun visor
- Basic instrumentation
- Heater optional on some early builds
Engine Options:
- 144 cu in (2.4L) inline-six – base engine
- 170 cu in (2.8L) inline-six – optional and far more common
- 200 cu in (3.1L) inline-six
Transmission Options:
- 3-speed column-shift manual (standard)
- Fordomatic 2-speed automatic (optional)
Restoration Notes:
- Many base sedans were upgraded later in life
- Original interiors and factory options are becoming increasingly rare
- Correct dash trim and seat materials are important for authenticity
XM Falcon Deluxe Sedan
Although not always officially marketed as a “Deluxe,” many XM Falcons were sold with factory upgrades that effectively placed them above the base model.
Deluxe-Style Features:
- Improved seat upholstery
- Full carpeting
- Additional chrome interior trim
- Dual sun visors
- Padded dash top
- Push-button radio commonly fitted
Engine Options:
- 144 cu in inline-six
- 170 cu in inline-six (most desirable)
- 200 cu in inline-six
Transmission Options:
- 3-speed manual
- Fordomatic automatic
Restoration Notes:
- Deluxe trim cars are more desirable today
- Factory radios and padded dashes add value
- Interior colour combinations should match factory specifications
XM Falcon Station Wagon
The XM Falcon wagon was marketed as a versatile family and utility vehicle, offering improved space and load-carrying ability.
Wagon-Specific Features:
- Reinforced rear suspension
- Fold-down rear seat
- Unique rear body panels and tailgate
- More durable interior trim than sedans
- Optional roof racks
Engine Options:
- 144 cu in inline-six
- 170 cu in inline-six (preferred for wagons)
- 200 cu in inline six
Transmission Options:
- 3-speed manual
- Fordomatic 2-speed automatic
Restoration Notes:
- Tailgates and rear quarter panels are common rust areas
- Wagon-specific trim pieces are difficult to source
- Original cargo trim significantly increases collector value
XM Falcon Utility (Ute)
The XM Falcon ute was a uniquely Australian body style and an important part of Ford’s strategy to compete with Holden in the trades market.
Trim Characteristics:
- Very basic interior trim
- Rubber floor mat
- Vinyl bench seat
- Minimal exterior brightwork
- Focus on durability rather than comfort
Engine Options:
- 144 cu in inline-six (standard)
- 170 cu in inline-six (optional and highly desirable)
- 200 cu in inline-six
Transmission Options:
- 3-speed manual (most common)
- 2-speed Automatic extremely rare
Restoration Notes:
- Utes are highly sought after today
- Correct tray and rear body details are critical
- Original drivetrains add significant value
XM Falcon Panel Van (Sedan Delivery)
The XM panel van was aimed at commercial buyers and small businesses.
Key Features:
- Two-door body
- Enclosed rear cargo area
- No rear seating
- Reinforced rear suspension
- Spartan interior trim
Engine & Transmission:
- 144 or 170 inline-six engines
- Mostly manual transmission examples
Restoration Notes:
- Among the rarest XM Falcon variants
- High collector value when restored accurately
- Replacement body panels are extremely hard to source
Engine & Transmission Summary
Engine Options
| Engine | Capacity | Notes |
|---|---|---|
| Inline-6 | 144 cu in (2.4L) | Base engine, adequate performance |
| Inline-6 | 170 cu in (2.8L) | More torque, preferred choice |
| Inline-6 | 200 cu in (3.1L) | Performance option |
Transmission Options
| Transmission | Description |
|---|---|
| 3-speed manual | Column shift, most common |
| 2-speed Fordomatic automatic | Optional, less common |
How XM Falcon Trim Levels Affect Value Today
Key value drivers include:
- Body style rarity (utes, wagons, panel vans)
- Engine choice (200 cu in engines command a premium)
- Original trim and factory options
- Authentic restorations matching factory specifications
Well-restored Deluxe sedans and rare body styles often achieve the strongest prices in today’s market.
Final Thoughts
The Australian XM Falcon represents an important turning point in the Falcon’s evolution — more robust, more refined, and more adaptable to Australian conditions. While trim levels remained understated, the variety of body styles, engine choices, and factory options created a diverse and historically significant range.
For enthusiasts and restorers, understanding XM Falcon trim differences is essential for preserving authenticity and maximising long-term value.