Ford Classic Breaks $1.3M Auction Record
A Yellow Glo, Ford GTHO Phase III Falcon has broken a world auction record on Saturday for the most expensive road registerable Australian classic selling under the hammer for $1.3 million.
With the vehicle accepting online bids for nearly two weeks prior on the Lloyds Auctions website the bids fiercely roared from $800,000 onwards igniting the competition between bidders.
“We are not surprised that this Australian Classic Car broke this record with the amount of enquiry and interest we received all week and the strong bidding leading into auction day today,” said Mr. Lee Hames, Chief Operating Officer for Lloyds Auctions.
“The Ford Falcon GTHO Phase III receives so much attention because it is the pinnacle of Australian muscle cars and has consistently held its value over its lifespan since its release in 1971, so they attract bidders including enthusiasts, collectors as well as investors,” said Mr. Hames.
Not only was there the opportunity for bidders to purchase this rare Phase III in Yellow Glo but they also could purchase the ‘digital verified NFT’ art model of the exact same vehicle that come with some enticing benefits.
“This Blockchain Classic Car model of this exact Phase III followed directly after its sale selling for over $50,000” continued Mr. Hames.
Also in the auction was the collection of some extremely rare 1 of 1 Holdens which also achieved record prices.
A 1996 Holden HSV VS GTSR BUILD #001 in XU3 Yellah sold for a whopping $1 million under the hammer whilst a HSV GTSR W1 4 Door Build #017 sold to a Holden enthusiast for $750,000.
However, in the end it was Ford that took the top honours for the auction. Although negotiations on the W1 Ute that got passed in are expected to exceed the Fords record.
“Holdens and Fords continue to appreciate in value, anything of a limited build, celebrity affiliation, significant history or chrome bumpers just keeps going up in value and we urge any Holden or Ford enthusiast looking for advice to give us a call right now,” said Mr. Lee Hames.