The value of Holden "classic cars" has been climbing higher across Australia and experts say they are likely to accelerate further as nostalgia and scarcity combine. This comes as the quintessentially Australian brand next month will be consigned to the scrap-heap as a local car manufacturer when the assembly line at Elizabeth in Adelaide's northern suburbs is permanently shut down. Holden classic cars are rising in value to reach record levels.
National auction manager for Shannons, Christophe Boribon, says the Holden Monaro and Toranas are in strong demand, while Holden sedans in good condition and with a robust history of one or two owners are fetching record prices. The "muscle cars" always attract a loyal following, and finding models across the range with an impeccable pedigree is becoming harder. Mr Boribon said demand was rising at most price-points among the Holden classic cars, and supply wasn't keeping up.
Mr Palamountain's own relationship with Holden began more than five decades ago when he started his working life as an apprentice motor mechanic at a dealership in Elizabeth, just 1. Those heady days at United Motors, which later changed its name to Peter Page Holden, bring a touch of wistfulness as Holden prepares to roll its last car off the assembly line. They meet regularly to show off their vehicles and engage in all manner of Holden-loving activities.
Mr Palamountain is the president of the club, which began in He also drives a new model Commodore, though the HR Premier is insured for more. Mr Palamountain last year put his precious HR Premier in a shipping container and had it transported to Adelaide for a special event. Not everyone feels the same way. Hundreds of Holdens old and new will soon be making their way to Adelaide as part of the Holden Dream Cruise on October 15, a monster street parade to honour the brand. They will finish at Elizabeth Oval, the home of the Central Districts Football Club, the very same one where Mr Palamountain and his workmates had a quiet beverage from onwards.
Mr Palamountain said while the end is sad, the older model Holdens in particular are steadily moving up the ranks as sought after "classic cars". He has also noticed that younger drivers in their 30's are increasingly wanting to own classic Holdens. The Ford manufacturing plant at Broadmeadows in outer Melbourne shut down last year, while the Toyota plant in Altona in Melbourne's west will close down on October 3. Follow Us. Or receive your news right to your email.
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From to , an online championship, sanctioned by Supercars, was contested on iRacing. Media related to V8 Supercar at Wikimedia Commons. Scott Pye James Courtney. Lee Holdsworth 6. Cameron Waters. Garry Jacobson 7. Andre Heimgartner. Rick Kelly Simona de Silvestro. Nick Percat Tim Slade.
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Jamie Whincup Shane van Gisbergen. From Wikipedia, the free encyclopedia. Supercars Championship Series logo used from —present.
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