This model was released in Australia in 1972 to counter the poor reputation of the PI model. Bascially, a down-spec MK2 PI, it had slightly different trim design, no tacho and a 2-spoke steering wheel. The engine used a GT6 spec camshaft and a pair of 1.5" SU or Stromberg carburettors, depening on the year. The last 2500 TC was sold in Australia in 1978, and it varied very little from the 1972 version.