Ford claims to be famous

The finest cars in all shapes and sizes, worth millions of dollars, will be up for auction this weekend at the end of the Australian International Motor Show.

All eyes will be on the 1971 Ford Falcon GTHO Phase III, which is expected to sell for between $600,000 and $800,000, with Australian muscle cars priced through the roof.

This could set a record price paid in the Phase III auction, which was $683,650 in the previous auction.

“This is one of the most beautiful Phase III properties we have ever offered,” says Shannons national auction manager Christophe Beauribon. It features racing legend Allan Moffat's signature on the glove box.

While this seems like a lot of money for a car, it is an old license plate that is expected to be the best-selling one at the event. The organizers believe that plate number 6 will attract from 1 to 1.5 million dollars.

The Hudson Super 1929 'Model L' Phaeton double hooded '6' ranges from $100,000 to $140,000.

The classic 1972 LJ Torana XU-1 sedan is expected to sell for between $85,000 and $100,000.

For '50s style, try the pink 1957 "Cool 57" Custom (LHD) Cadillac Eldorado Seville. Rebuilt in 87 days, it costs between $70,000 and $100,000.

But not only big cars go under the hammer. A 1929 Austin Seven Wasp Sports is up for sale, expecting to be priced between $10,000 and $15,000.

Auction starts at 2pm Sunday at the Australian International Motor Show; do not miss.

How much do you think the Falcon GTHO Pase III will cost?