Beyond the pale: HSV Maloo GTSR W1 for sale, $1.5 million
More than four years after the end of Australian car manufacturing, enthusiasts are paying – and asking – eye-watering sums for highly collectible local hero models.
A super-rare supercharged Holden Special Vehicles Maloo GTSR W1 ute that was passed in at auction last year at $1.15 million is now advertised on an online classifieds website with an asking price of $1.5 million.
Just four HSV Maloo GTSR W1 utes were hand-built off-line by HSV’s engineering division for a small group of VIPs.
The red one sold at auction for $1.05 million, the gold one reportedly sold privately for $1.15 million, and the grey one sold privately for an undisclosed sum.
The sole pale yellow example – to match the colour of the original 1996 HSV GTSR sedan – went up for auction in September 2021 with just 19km on the odometer.
Bidding started at $845,000 and stopped at $1.15 million after a 15-minute battle between buyers online and on the phone.
Now the rare ute – which was never made available to the public, but four examples were built for HSV’s inner circle of customers and business associates – has appeared on carsales.com.au with a $1.5 million asking price.
The pale yellow HSV GTSR Maloo W1 was originally purchased from HSV by a Queensland property developer, one of Australia’s biggest HSV’s collectors.
Last year he sold the pale yellow HSV Maloo GTSR W1 along with a pale yellow HSV GTSR W1 sedan and build number one of the 1996 HSV GTSR sedan for an undisclosed sum in a private sale. The three vehicles are now in the process of being split up.
While the 1996 HSV GTSR sedan sold for $1 million (not including auction fee last year), the pale yellow HSV Maloo GTSR W1 and pale yellow HSV GTSR W1 sedan – both of which were painted off-site in a special arrangement with HSV – are now up for sale online in separate listings.
The sedan has an asking price of $800,000.
If the ute reaches its $1.5 million asking price, will set a new record for the amount paid for an Australian-made road car – if the figure can be verified.
A yellow 1971 Ford Falcon with a beige vinyl roof sold for a staggering $1.3 million last year – not including the additional 7.5 per cent auction fee – which is the highest documented price paid for an Australian-made road car.
Meanwhile, the unofficial record price paid for an Australian-made road car is believed to be $1.75 million for a 1972 Ford Falcon XA GTHO Phase IV road car, though this figure cannot be verified as it was a private sale.
The selling agent – Australian Muscle Car Sales – said the vehicle sold for “just under $2 million”, but people close to the negotiations say the price was closer to $1.75 million.
Australian car price records: a brief history
- 1982 Holden Commodore VH race car (1982 and 1983 Bathurst 1000 winner): $2.1 million, auction sale, October 2018
- 1972 Ford Falcon XA GTHO Phase IV road car (one of four, red): $1.75 million, private sale, August 2021
- 1971 Ford Falcon XY GTHO Phase III road car (yellow): $1.3 million, auction sale, September 2021
- 2017 HSV GTSR W1 Maloo ute road car (one of four, red): $1.15 million, private sale, March 2021
- 1971 Ford Falcon XY GTHO Phase III road car (blue): $1.15 million, auction sale, February 2021
- 2017 HSV GTSR W1 Maloo ute road car (one of four, pale yellow): Made it to $1.15 million then passed in at auction, September 2021
- 2017 HSV GTSR W1 Maloo ute road car (one of four, gold): $1.05 million, auction sale, February 2021
- 1985 Holden Commodore VK SS Group A road car (number 05 of 500, Brock’s daily driver): $1.057 million, auction sale, May 2021
- 1971 Ford Falcon XY GTHO Phase III road car (ex Jeff Thomson): $1.03 million, auction sale, June 2018
- 1996 Holden Commodore HSV GTSR sedan road car (number 1 of 85): $1 million, auction sale, September 2021
Prices above sourced by Drive, and do not include auction fees or buyer premiums.
The post Beyond the pale: HSV Maloo GTSR W1 for sale, $1.5 million appeared first on Drive.