Aussie and Japanese sporting classics keep growing in value

The value of Aussie and Japanese sporting classics is continuing to grow. Strong bidding for these cars have sent Shannons Timed Winter Online Auction off to a flying start.

Aussie muscle cars have proved exceptionally popular, with 43 bids so far for a ‘no reserve, barn-find’ one owner and unmodified 1972 Holden HQ SS 253 V8 sedan, with has received a top offer so far of $60,500.

A 1973 Ford Falcon XA GT sedan offered with ‘no reserve’, has to date attracted 51 bids topped by $125,500 – more than the $100,000 so far offered for a 1969 Falcon XW GT-HO Phase I sedan, the $92,000 offered for a 2006 HSV VZ GTO LE Coupe, and $66,000 for a 1971 Holden LC Torana GT-R XU-1.

Iconic Japanese performance cars continue to grow in value, as evident by a bid of $135,000 for a rare 1995 Mazda RX-7 SP Coupe (one of 25) that has already met its reserve price.

Nearly as popular is an ultra-low kilometre 1994 Nissan Skyline R32 GT-R Coupe offered with ‘no reserve’ that has attracted 20 bids, led by $105,000.

Surprisingly-high interest has also been shown to date in a ‘Lotus Cortina-inspired tribute’ based on Ford’s distinctive 1964, 105E Ford Anglia, complete with Cosworth engine, with a top bid so far of $28,500.

In other strong numbers so far, a ‘works prepared’ ex-Total Racing Team 1964 Lotus Cortina MK I raced by Ian and Leo Geoghegan, has achieved an opening bid of $180,000, while $260,000 has been offered for a superbly restored and presented 1966 Jaguar E-Type 4.2 Series I Roadster.

However the top bid of the online auction so far is the $500,000 offered for a fastidiously-restored and very collectible Australian-delivered 1971 Ferrari Dino 246 GT coupe, with Shannons expecting up to $150,000 more to come by the time bidding closed this week.