Road-Legal Holden Race Car Sells for 6 Figures

A HSV VS GTSR W1 has sold at auction for $750,000 amongst Australia’s most collectable line up of classic vehicles ever to go to auction on Saturday.

Build #017 off the production line,16kms on the clock and the only one finished in the original colour VS GTSR XU3 Yellah this brand-new car yet to be registered in Australia, was accepting online bidding for about a month on the Lloyds Auctions website where bids glowed, sparking a bidding competition between Holden enthusiasts last night.

“Holdens just keep going up in value and as we have seen with other collectable Holdens within this auction, people are looking to get their hands on them as they become harder and harder to come by,” said Mr. Lee Hames, Chief Operating Officer for Lloyds Auctions.

“We had a range of people interested in bidding on these Holdens from enthusiasts and collectors but also investors looking to put their money into something they can also enjoy,” Mr. Hames continued.

This Holden wasn’t the only rare model to go under the hammer on Saturday as it was alongside a collection of extremely rare 1 of 1 Holdens which also achieved record prices.

A build #001 1996 Holden HSV VS GTSR still wrapped in its plastic with only 86kms on the clock sold for $1,000,000 whilst a HSV GTSR W1 Maloo Ute reached a hammer price of $1,250,000 but went into negotiations expected to sell in the coming days.

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.

The rare Ford Falcon GTHO Phase III in Yellow Glo sold for $1.3 million whilst the NFT Classic Car art model of this exact Phase III followed directly after its sale selling for over $50,000.

“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.

Scott Webber

Head Of Valuations

Accredited Senior Appraiser

Licensed Auctioneer

Qualifications & Affiliations

American Society of Appraisers (ASA)

Profile

Scott Webber is one of the founding partners at Lloyds and has worked for the company from its inception in 2004. In that time Scott has been a Licensed Auctioneer and Qualified ASA Valuer. Prior to Lloyds, Scott was a Farm Manager at Cubbie Station in Queensland, he has an earthmoving and agricultural background.

Scott is heavily involved in daily valuations. He acts for a wide range of clients and vendors including Insurance companies, Financiers, Insolvency Practitioners, Government branches, Joint Ventures and Alliances, large companies, and private individuals. Scott personally co-signs and oversees every valuation report completed by Lloyds. On average the Lloyds valuations department conducts over 500 appraisals per financial year.

Scott has managed many auctions and private sales, previously completing an approximate average of 400-800 traditional auction lots per week. Given that the Lloyds system is now online, traditional auctions are very minimal and are completed in a simulcast method, to comply with contracts we have with major government departments. Although Scott’s focus is currently Valuations, he still oversees and runs auctions weekly on a wide variety of assets from motor vehicles to very specialised process lines.

Scott offers a wealth of experience as an Auctioneer and Valuer in all aspects of Valuations and Asset Disposals.

Having headed disposal programs for Major Infrastructure Alliances, Joint Venture partnerships and Government projects throughout Australia, Scott has a wide range of experience in the Civil Construction, Earthmoving, Manufacturing and Agricultural sectors offering a “turn key” service from start to finish.

Mobile: 0439 765 669