SINCE Holden ceased its local production in 2017, there has been an ever-increasing race to capture Holden vehicles and the nostalgia that rides with them.
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Prices have been driven upward in response to the dwindling stock, with the last Australian made Holden selling for $750,000 at a recent auction.
The red Commodore V8 sedan wasn't technically the very last car to roll off the general assembly line in 2017, but it was the last body to enter the paintshop and the last to Australian-made Holden to assigned a serial number.
Bidding for the 2017 Holden VF Series II SSV Redline started at $305,000 and after half an hour escalated to more than ten times the 2017 showroom cost of $65,000.
The winning bid was placed by an avid collector on the East Coast.
Another car up for auction, a 2017 Holden HSV GTSR W1 Maloo Ute, broke the record for Australia's most expensive road registerable muscle car, selling for $1,050,000 at Lloyds Auctions.
"What an incredible auction to experience we are very humbled to have auctioned both of these iconic cars breaking Australian records" COO for Lloyds Auctions, Lee Hames said.
"The two new owners of these vehicles are extremely excited to have been the successful bidders of these cars in the 4-hour auction today.
"There were three bidders that bid over $1,000,000 on the Maloo Ute with 2 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."
The real last Australian-made red Commodore V8 is actually owned by General Motors and is currently on display in the National Motor Museum, located in Birdwood, approximately 50km north-east of Adelaide.
"We have seen a huge demand for Holden vehicles particularly HSV since the closure of Holden, and we encourage anyone who might be looking to sell their vehicle to give us a call right now," Lee said.