2017 holden hsv gtsr w1 maloo ute lw3u
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Carsales Staff31 Jan 2021
NEWS

HSV ute sets new auction record

Rare GTSR W1 Maloo fetches $1.05 million as ‘last’ homegrown Holden sells for $750K

A 2017 HSV GTSR W1 Maloo Ute has set a new auction record for an Australian-made production vehicle, selling for $1.05 million at an online Lloyds auction yesterday.

At the same auction, the last Holden Commodore to be framed, painted and allocated a serial number (but not the last to leave the factory in Adelaide), a 2017 VFII SS-V Redline sedan, sold for $750,000.

The unique HSV ute, one of four secret GTSR W1 Maloos produced after the end of local Holden manufacturing in October 2017, eclipsed the previous Aussie-car auction record of $1.03m paid in June 2018 for a 1971 Ford Falcon GTHO Phase III once owned by Australian cricketer Jeff Thomson.

2017 holden hsv gtsr w1 maloo ute front 2

The rare HSV, which was never made available to the public and has 681km on its odometer, had already broken the $1 million barrier a fortnight ago thanks to an anonymous bidder, and closed at $1.05m after failing to receive any higher bids yesterday.

Meantime, the ‘last’ Australian-made Holden to be allocated a vehicle identification number (VIN), sold for $750,000 – almost half a million dollars more than the highest bid it had received lass than 24 hours earlier.

That’s despite General Motors confirming to carsales on Friday that it owns the actual final homegrown Holden to roll off the production line on October 20, 2017.

2017 holden hsv gtsr w1 maloo ute rear 0td4

The almost identical red SS-V sedan is on loan to the National Motor Museum in Birdwood, not far from the now-closed GM factory in South Australia.

Lloyds said the last serial numbered Holden sold for $750K – more than 10 times the car's original $65,000 price in 2017 – to an avid Holden collector on the East Coast after spirited phone and online bidding over the final half an hour of the auction. It had 102km on the clock.

“What an incredible auction to experience – we are very humbled to have auctioned both of these iconic cars breaking Australian records,” said Lloyds Auctions COO, Lee Hames.

last holden 2017 holden vf series ii ssv redline 8na2

“The two new owners of these vehicles are extremely excited to have been the successful bidders of these cars in the four-hour auction today.

“There were three bidders that bid over $1,000,000 on the Maloo Ute with two of them being Holden enthusiasts, however, the winning bidder is a group specialising in raffling off unique cars, so I don’t think it will be the last time we see this car.

“We have seen a huge demand for Holden vehicles, particularly HSV, since the closure of Holden.”

last holden 2017 holden vf series ii ssv redline 3 o018
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Written byCarsales Staff
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