Iconic Holden Monaro Achieves Record at Auction

An Australian record was broken over the weekend where the iconic Holden HT Monaro race car achieved the highest price for an Australian Holden sold at auction over the weekend.

 The 1969 HT Monaro 57D race car fetched three quarters of a million at auction this weekend selling under the hammer to an Australian enthusiast.

“We are extremely excited that the car will remain within Australia, this important Holden achieved the highest price for a road registerable Australian Holden ever sold at auction,” continued Mr. Hames.

“There were seven bidders on the Holden Monaro which came down to two Australian enthusiasts who fought it out, both with the intention to keep the car within Australia,” commented Mr. Hames, Chief Operations Officer for Lloyds Auctions.

After the car being flagged last minute as a potential export ban from the Australian Government, where it may have been unable to leave Australian soil, the scenario ended up being voided.

The winning bidder of the Monaro wishes to remain anonymous.

“The auction had a 95% sell-through rate of cars all with very strong prices showing that the market is as strong as ever,” said Mr Hames.

Australian market cars weren’t the only ones set to break records with both American and more particularly European Luxury indicating that markets are extremely strong here also.

“It was fantastic to see the amount of people that tuned into the auction online from all over the world to watch the 5-hour live event,” Mr Hames said.

“The strong bidding and prices achieved for these cars and even the bikes in particular was great. I think it is fantastic that the majority of bidders were Australian, meaning the cars remain on Australian soil,” he continued.

“I am not particularly surprised at the prices achieved in this auction or the records broken over the weekend attracting all of the international attention, it’s a testament to the cars and the passion of car enthusiasts,” commented Mr Alan Jones, Formula One World Champion.

With the Holden Monaro remaining on Aussie soil and the majority of bidders being Australian it is safe to say that enthusiasts nationwide are extremely proud and passionate people, fighting to keep their beloved cars in their country where they can enjoy them.

The world-class event described by many enthusiasts that watched the auction online, solidifies Lloyds as a world leader in the Australian, American, European and Prestige car market and proves that Australian car fanatics are as passionate as any.