Holden Commodore sedan sells at auction for $269,000

A Holden Commodore has sold at auction for almost $270,000 as bidders clamoured for a piece of Australian V8 motoring history – and the fastest sedan on the road.

For the price of seven standard Commodores or a four-bedroom house in regional Queensland, a mystery buyer forked out big for a rare HSV GTSR W1.

The sting red four-door sedan, with 474 kilowatts of eye-watering V8 power, was sold by Lloyds Online for $269,000 – a record for an Australian-made car.

A mystery buyer on the Gold Coast forked out $269,000 for this rare 2017 model HSV GTSR W1

This rare HSV sedan sold for the price of seven standard Holden Commodores at an auction

This rare HSV sedan sold for the price of seven standard Holden Commodores at an auction

A winning bidder was prepared to pay well above the $170,000 retail price for a sedan which shares the same body as a $35,000 VF Series II Holden Commodore.

That’s certainly some feat when V8 muscle from Mercedes-Benz with two doors or four can be snapped up for much less.

The premium-priced machine was one of just 300 Holden Special Vehicles GTSR W1s made this year, as General Motors rolled out its last Australian-made cars.

Demand was so hot for the rare machine, known as No. 36, that it sold on Sunday for more than a four-bedroom house at Bundaberg, north of Brisbane.

One mystery buyer saw the back of $269,000 to grab one of just 300 rare HSV GTSR W1s

One mystery buyer saw the back of $269,000 to grab one of just 300 rare HSV GTSR W1s

The HSV known as No. 36 set a record as the most expensive Australian-made car ever sold

The HSV known as No. 36 set a record as the most expensive Australian-made car ever sold

WHAT $269,000 BUYS IF YOU WANT A V8 AND SPARE CHANGE

– HSV GTSR W1 ($269,000 at auction)

– Mercedes Benz E63 ($239,000)

– BMW M5 ($199,900)

– Jaguar F-Type R ($248,000)

– Mercedes Benz AMG GT ($259,000)

* Recommended retail prices before on-road charges 

 

For less money,  you can also buy a Porsche 911 Carrera coupe for $240,000, although at that price you’ll have to make do with six cylinders.

For $248,000, you can buy a supercharged V8 Jaguar F-Type R.

For another $11,000 you can step into a V8 Mercedes Benz AMG GT.

If you want four door prestige and a V8, there’s a Mercedes-Benz AMG E63 for $239,000, but even this German devil with a whopping 450 kilowatts of power doesn’t cut it against the Australian-made HSV.

Nor is a $199,900 BMW M5 with 441 kilowatts of V8 oomph. 

Lloyds, based on the Gold Coast, said this special HSV with just 21 kilometres on the odometer had entered the pantheon of great Australian V8s, 

‘Never before has an Australian road car come so close to the specification of a race car,’ it said.

‘This is your last chance to buy a new HSV GTSR W1 and this car will suit a collector or enthusiast.’

The HSV sedan sold at auction for a higher price than a Mercedes-Benz AMG GT V8, which starts at $259,000

The HSV sedan sold at auction for a higher price than a Mercedes-Benz AMG GT V8, which starts at $259,000

For $269,000, a motorist can buy a Porsche 911 Carrera coupe and receive $29,000 in change

For $269,000, a motorist can buy a Porsche 911 Carrera coupe and receive $29,000 in change

A Jaguar F-Type R with a supercharged V8 engine with a retail price of $248,000 is cheaper than what a mystery buyer paid for an HSV sedan

A Jaguar F-Type R with a supercharged V8 engine with a retail price of $248,000 is cheaper than what a mystery buyer paid for an HSV sedan

This Australian-designed and made HSV is the fastest four-door sedan on local roads.

Australia hasn’t seen a locally-built super sedan like it since 1971, when the Ford Falcon Phase III GTHO was the world’s fastest thing with four doors.

Lloyds said the $269,000 spent on this HSV was actually good value because ‘will appreciate in value significantly in the future’. 

‘HSV is probably wishing it had pumped out more than the 300 units it planned for in the GTSR W1 production run given that demand for the hottest ever Holden is hotter than hell,’ it said.

The HSV which sold for $269,000 shares the same body as this $35,000 Holden Commodore

The HSV which sold for $269,000 shares the same body as this $35,000 Holden Commodore

At $269,000, the rare HSV sold for $30,000 more than a V8 Mercedes-Benz AMG E63

At $269,000, the rare HSV sold for $30,000 more than a V8 Mercedes-Benz AMG E63

The $269,000 price tag was also a whopping $69,000 more than a V8 BMW M5 sedan

The $269,000 price tag was also a whopping $69,000 more than a V8 BMW M5 sedan

This special model was built in June this year, only four months before Holden made its last Commodores in Australia to signify the end of 69 years of local manufacturing.

With Australia no longer a car making nation, demand has been strong for the last Holdens to roll out of South Australia.

Holden, which is synonymous with Bathurst and racing legend Peter Brock, has posthumously set price records for V8 muscle sedans.

In October, rival auction house Manheims sold another HSV GTSR W1 in Melbourne for $257,500, with the owner negotiating a sale with the winning bidder.

It may not be European, but it’s an Australian-made collector’s item, the likes of which will never be seen again.



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