Peter Brock's Group A Commodore out of reach? 1972 Holden HQ SS, 1973 Ford Falcon XA GT, and other classic Australian muscle cars that are still affordable

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This 1972 Holden HQ SS is up for grabs at Shannons Auctions with no reserve.
Neil Dowling
Contributing Journalist
5 Jun 2021
4 min read

Six Aussie power-house models that are now on the auctioneer’s block have been selected as ones to watch as bidders queue for Australian muscle cars and their prices rocket to huge figures.

Peter Brock’s personal Group A Commodore hit almost $1.1 million at auction last month but has already been rumoured to be bought off the successful bidder for a staggering $1.7 million.

For those who can’t afford that, there are options that Shannons Auctions terms ā€œthe affordable classicsā€ that are now coming up for sale.

Shannons’ manager Christophe Boribon told CarsGuide these are six cars ā€œare bringing prices back to realityā€ for most people to enjoy.

ā€œThis is a great mid-range price opportunity,ā€ he said.

ā€œYou can get a fantastic one-owner HQ SS for $60,000-$75,000, or a Monaro GTS for $90,000 to $110,000.

ā€œIn the low- to mid-$100,000s, there’s the Euro-coloured XA GT Falcon for an estimated $130,000 to $140,000, and a purple LC Torana GTR for $120,000 to $140,000.

ā€œThese have a lot of appeal and are great buying in comparison to where the market is at the moment.ā€

Why is there upside in these cars? Mr Boribon said the 1972 Holden HQ SS sedan with 253 V8 is an original, unrestored, one-owner car that needs some cleaning up but is regarded as being a rare machine.

The owner of the Ultra Violet SS – one of only 373 made – was the sole driver from age 52 to 96 (except for illness) and Shannons said that the car has racked up less than 166,000 miles. It already has more than 3650 views from potential buyers.

The 1973 Ford Falcon XA GT comes with refreshed paint and a reconditioned and enhanced 351 V8 and has a price estimate of $130,000 to $140,000. Already it has 3500 views.

The 1970 Holden LC Torana GTR XU-1 has 4385 views to date and is expected to go for $120,000 to $140,000. It has lived in Bendigo all its life and 30 years with the current owner.

Features include its very 1970s Plum Dinger (purple) paint, correct upholstery and period sound system, the original service book showing it retains the original engine, and the glovebox lid autographed by Holden’s (then) racing boss Harry Firth.

Mr Boribon said demand is still strong across the board for cars, motorcycles and automobilia without necessarily being weighted to muscle cars.

ā€œWe are already full for August and we are consigning for November – that’s how far ahead we are working at the moment,ā€ he said.

ā€œWe are getting offered plenty, and it’s not only Australian muscle cars.ā€

Mr Boribon said now seems like the right time to get into a classic car, with predictions that prices will continue to rise in the short-term future.

ā€œI think the market will retain its trajectory for the next 18 months at least,ā€ he said.

ā€œWe’re still going to see strong interest in these cars. After the next 18 months, though, it’s hard to make a prediction.ā€

Recent bidding data shows suggests there is more interest in classic and second-hand cars, according to Mr Boribon, with some lots attracting more than 5000 bids, which reflects the strength of the market.

ā€œIt’s definitely higher than in previous years,ā€ he said.

ā€œThe participation level is particularly strong with about double the number of bidders involved compared with previous years.

ā€œThat’s partially due to the online platform that makes it easier for people to bid but also shows the level of serious bidders.ā€

Who’s buying? Mr Boribon said it doesn’t have a lot to do with the age of the buyer, but there is a nice spread in demographic for particular car eras.

ā€œAlthough it’s across the board, we do see different generations buy certain things,ā€ he said.

ā€œThere is definitely Gen X buying more modern cars – 1980 and 1990s, for example – and Japanese domestic cars, then the Baby Boomers are very strong in the 1960s and 1970s muscle cars.

ā€œAlso, we are more recently seeing the 2000 and 2010 cars become more popular as a new wave of buyers is looking for investment in the future and also wanting more practicality in their classic cars.

ā€œThese newer cars tend to be painless to drive. The more modern cars have more comfort, are easier to start and drive, for example and on longer runs, can be more reliable.ā€

Neil Dowling
Contributing Journalist
GoAutoMedia Cars have been the corner stone to Neil’s passion, beginning at pre-school age, through school but then pushed sideways while he studied accounting. It was rekindled when he started contributing to magazines including Bushdriver and then when he started a motoring section in Perth’s The Western Mail. He was then appointed as a finance writer for the evening Daily News, supplemented by writing its motoring column. He moved to The Sunday Times as finance editor and after a nine-year term, finally drove back into motoring when in 1998 he was asked to rebrand and restyle the newspaper’s motoring section, expanding it over 12 years from a two-page section to a 36-page lift-out. In 2010 he was selected to join News Ltd’s national motoring group Carsguide and covered national and international events, launches, news conferences and Car of the Year awards until November 2014 when he moved into freelancing, working forĀ GoAuto, The West Australian, Western 4WDriver magazine, Bauer Media and as an online content writer for one of Australia’s biggest car groups. He has involved himself in all aspects including motorsport where he has competed in everything from motocross to motorkhanas and rallies including Targa West and the ARC Forest Rally. He loves all facets of the car industry, from design, manufacture, testing, marketing and even business structures and believes cars are one of the few high-volume consumables to combine a very high degree of engineering enlivened with an even higher degree of emotion from its consumers.
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