The invention discloses gray pig iron and a preparing method and application thereof. The gray pig iron comprises, by mass percentage, 3.6-4.0 parts of carbon, 2.2-2.4 parts of silicon, 0.2-0.4 part of manganese, 0.1-0.3 part of phosphorus, 0.08-0.12 part of sulphur, 2-4 parts of boron, 1-3 parts of vanadium, 0.2-0.6 part of chromium, 0.8-1.0 part of copper, 0.8-1.0 part of tin, 1-2 parts of nickel, 1-3 parts of titanium and 76-80 parts of iron. The invention further provides a preparing method of the gray pig iron. In addition, an accessory for a car is further provided. The accessory is made of the above gray pig iron. According to the gray pig iron, the chromium, the tin, the titanium and the iron are used in cooperation, and the firmness of the gray pig iron is greatly improved; and meanwhile, the stability of the gray pig iron is improved, and the safety of the gray pig iron accessory is improved. In addition, the preparing method of the gray pig iron is provided, the performance of the gray pig iron can be greatly improved through the method, and the safety of the gray pig iron is further improved.