Car sold for 65K and looked pretty rooted to me. Seems a high price - would like other opinions,if any.

I suppose you could now say that run down unrestored V8 GTS Monaro cost more to buy then a run down unrestored XW/XY GT falcon. Wouldn't of believed it 10 yrs ago.

18X wasn't a recommended colour with Warwick Yellow, yet that car and at least one other GTS327 close it it in BODY number is the same. I have a Woodsman Green 337 with 18X trim, and I have seen another the same. I also had a Bright blue GTS with 18X trim, and I know of another 307 manual in the same combo. Not sure why when 18Y was available and would be the same time spent cleaning. I have a NOS rear seat cover, I think it is the cushion in 18X up on the shed mezzanine somewhere, the colour isn't all that ugly in itself, it is just when there is so much of it. 18Y has black carpet and black bottoms of the door trims plus other bits to break it up where 18X is just beige everywhere. I reckon the way to resto that trim is to do the seats etc in 18X but use the same black bits that 18Y has.

Hi
I agree with Byron re the collectability of an HK GTS327 Monaro.Many more of these made than any Model GTHO.
GTHOs were seen as rare and highly collectable shortly after leaving the showroom and as such a higher % of production survived.
Early on 327 Monaros were relatively common and always cheaper to buy than their Ford equivalents. The panel van and street machine craze in the late 70s/early 80s saw teems of GTS Monaros including 327s broken up for parts. It was common to see sedans, vans, Prems, utes and even Broughams running GTS parts. It was almost uncool to have a Monaro.....
For a long time the Monaro was an underdog and the attrition was huge.
Good 327HK Monaros are now probably rarer than good GTHOs.

In so many ways the GTHO of Holdens. Just like the GTHO the GTS327 was added to the range for one reason. To homologate the engine and many other components to be eligble for production racing. It was the first Holden to win Bathurst and it is the first Holden to truly represent the beginning of the Golden Muscle car era.

Monaros were also something of an underdog during the last musclecar boom with a peak public sale price of $220,000 for the Warwick Yellow one owner survivor car from Gympie (Shannons Auctions).

HK-T-G Monaros are beautifully styled cars. Much nicer to look at than Ts or Gs especially when viewed from any quarter. Add to this their race and street cred, rarity and that just like the GTHO it was an Homologation special, it is easy to see why someone would shell out $65 plus for a restorer. The HK327 Monaro is yet to have its day as a collectable car.

Cheers
Nick.

Edited by user Sunday, 29 July 2012 8:48:21 AM(UTC)  | Reason: Not specified

a question to throw out there then , if 65k for a restorer seems ok , why are the current cars for sale on various sites not selling they are listed from 90k to 130k they all dont seem that expensive when you compare the work the restorer car needs to what you can buy for sale , or are these cars just not that great as they look

quote:

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Originally posted by HK1837
Also Nick probably the only Holden "muscle" car to win Bathurst without a specialy prepared race engine, possibly the only one full stop. Not sure what was done to the winning 1967 XR GT's engine.

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Harry blueprinted his engine for the 1967 XR, he was a perfectionist.

He was the factory Ford team back then, so his budget would have been substantial in comparison to Bruce McPhee's effort.

Dr Terry

hi nick , i know what you are saying about the GFC and current state of the market , do you also believe that the buyers for these cars is also a shrinking market
the current market has been created by baby boomers and 40+ ers , who love these and other old vehicles as they take take them back to younger days in there teens
the current younger generations who like these vehicles are a much much smaller group , so as each year goes by the number of people interested in buying such cars is getting smaller and smaller , and with less and less buyers in the market the prices shouldnt keep rising as it will become a buyer market , maybe ?

agreed top cars will always pull top dollar , as with everything in life , but the 65k car is not a top car ( yet ) , and there seems like a lot of other cars out there for sale for only a few bucks more , a certain dollar value is added to it by the fact it is a shannons auction car

is it the warwick yellow that makes it more desirable , everything else for sale online is not yellow
a question i suppose , what is the most desirable combination car to own , warwick yellow seems to be the feature colour in a lot of brochures ect and of course the 220k car helped that along , of course it still comes down to personal taste for the buyer , but there must still be a most desirable combination

Inca gold or silver mink with red trim is nice.

quote:

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Originally posted by westozmonaro
do you also believe that the buyers for these cars is also a shrinking market
the current market has been created by baby boomers and 40+ ers , who love these and other old vehicles as they take take them back to younger days in there teens
the current younger generations who like these vehicles are a much much smaller group , so as each year goes by the number of people interested in buying such cars is getting smaller and smaller , and with less and less buyers in the market the prices shouldnt keep rising as it will become a buyer market , maybe ?

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I too think the above is pretty close to correct.

History has and will continue to repeat itself. When I first got into Monaros, the EH was the car to be seen in, it was an expensive thing as well. Now you can not give them away and it is only a small group of dedicated enthusiasts who follw them. I remember an old guy telling me once that back in his day the Model T was it and a bit and it was an expensive ride. Now... well we all know that one.

HK's have had their run and (in my opinion) will slowly fade away into folklaw, same as the others have done in the past. My kids will not want to been seen dead in a car without air con or powersteer, let alone have to endure owning one.
I know a guy with a genuine A9X 4 door. His son turned 18 and he offered it to him for free on the grounds that he didnt sell it and did not modify it. He turned it down and went and bought himself a Skyline. Sounds like a wicked deal to me, but not to the younger generation. A lot of the members of our club say that their kids are just not interested in the old cars. So if the kids growing up are not passionate about these cars the market for them will die.
VB, VC VH SLE Commodores will be the next to go through a boom (in my opinion)You just ahve to look at some of the prices these things are already commanding to see that. VL Calais isnt far behind either.

Now remember, this is only my opinion on how I see things, fair chance I am totally wrong.

I wouldn,t restore it if it was mine. just look at all that history.