The Top 10 Most Expensive Classic Cars

Australia is a nation of car-loving people. With a vast road network that connects cities and suburbs, the high-income country has become a preferred market of many global car brands.  Australians have also designed cars for local companies such as Holden and for international car brands such as Ford, Chrysler, Volkswagen and Leyland.

While Australians are a very nationalistic people, they have also grown fond of these global car brands. Many of these companies established their manufacturing operations in the country to win the market’s favour.

Australians have a long history of car manufacturing, starting with the creation of Phaeton steam cars and Tarrant automobiles in the 1900s. This is why they still appreciate classic cars today.

In many parts of the country, you can still find classic cars for sale or in auction. Classic cars for sale in Australia are common. Organisers of car auctions even create events featuring cars of certain makes.

Around the world, the classification of classic cars may mean different things to different people. In Australia, classic cars include Bentleys, Ferraris, Rolls Royces, Porches, Lamborghinis and Mercedes-Benzes, as well as Holden, Ford, Chrysler and Cooper sports cars. The list actually varies, depending on where you are in Australia and how often such auctions or car shows are held.

Expensive classic cars can fetch anywhere from $100,000 to $500,000, or almost ten times the price of a new vehicle. The price depends on the quality of the vehicle, the number of the same model that still exist in the world and the story behind it. In general, the rarer the car is, the more expensive it will be.

In 2018, the list of the 10 most expensive classic cars is not much different from the previous years, and this is based on the outcomes of two auctions. The first was held on July 2, 2018 at an event dubbed Shannons Winter Classic in Julyin Melbourne. The other was organised in Belmore, Sydney on May 26, 2018 called Gosford Classic Cars.

Results of the two events show that the most expensive classic car on sale this year is the 1975 Ford XB Falcon ‘Group C’ Coupe Race Car, which is the final version of the Ford GT. The car on auction has an interesting backstory because it was used by two-time Bathurst winning driver John Goss.

Below is the complete list of the 10 most expensive classic cars on sale in Australia this year:

1975 Ford XB Falcon ‘Group C’ Coupe Racecar

Estimated to be around $400,000 to $480,000
(Shannons Winter Classic in July)

Comparative:
1971 Ford Mustang Boss 351 — estimated $80,000 – $100,000
(Gosford Classic Cars)

1922 Rolls-Royce Silver Ghost Tourer

Estimated to be around $200,000 to $250,000
(Shannons Winter Classic in July)

Comparative:
1978 Ford Falcon Cobra — estimated $110,000 – $140,000
(Gosford Classic Cars)

1962 Porsche 356B T6 ‘Twin Grille’ Roadster (RHD)

Estimated to be around $200,000 to $240,000
(Shannons Winter Classic in July)

Comparative:
1977 Holden Torana A9X — estimated $170,000 – $200,000
(Gosford Classic Cars)

1960 Cooper Climax T53 Low Line Race Car

Estimated to be around $150,000 to $200,000
(Shannons Winter Classic in July)

Comparative:
1973 Aston Martin V8 — estimated $180,000 – $200,000
(Gosford Classic Cars)

1971 Chrysler VH Charger E38 R/T ‘Big Tank’ Coupe

Estimated to be around $125,000 to $140,000
(Shannons Winter Classic in July)

Comparative:
1930 Packard 740 — estimated $180,000 – $200,000
(Gosford Classic Cars)

1969 Porsche 911 T ‘Targa’ Coupe

Estimated to be around $125,000 to $140,000
(Shannons Winter Classic in July)

Comparative:
1972 Chrysler Charger R/T — estimated $200,000 – $250,000
(Gosford Classic Cars)

1988 Mercedes-Benz 560SL Convertible

Estimated to be around $80,000 to $95,000
(Shannons Winter Classic in July)

Comparative:
1964 Brabham Btiia — estimated $250,000 – $300,000
(Gosford Classic Cars)

1973 Chrysler VJ Charger E48 Coupe

Estimated to be around $75,000 to $85,000
(Shannons Winter Classic in July)

Comparative:
1999 Lamborghini Diablo — estimated $300,000 – $370,000
(Gosford Classic Cars)

C1960 Cooper Climax T53 Low Line Race Car

Estimated to be around $70,000 to $100,000
(Shannons Winter Classic in July)

Comparative:
1964 Ferrari 330— estimated $350,000 – $400,000
(Gosford Classic Cars)

1954 Austin-Healey 100/4 BN1 Roadster

Estimated to be around $70,000 to $80,000
(Shannons Winter Classic in July)

Comparative:
2006 Ferrari Superamerica — estimated $500,000 – $600,000
(Gosford Classic Cars)

With the long list of classic cars for sale in Australia, loyal customers, including foreign aficionados, are flocking to the country. Another fascinating fact is that some, if not all of the classic cars for sale in Australia, have interesting backstories. The interest these vehicles generate is due in large part to their history and brings in crowds from different parts of the world. Such auctions are particularly popular among the moneyed diehards.

The number of events that involve classic cars is on the rise. They are crowd-drawers. If you factor in Australian pride and sentimentality, crowds usually fill such affairs in a matter of hours upon the event opening. As mentioned earlier, it is not just the locals who attend such events. Foreign visitors are also enticed by these car shows.

Your Parking Needs Solved

Events that usually bring in crowds also deplete parking spaces. Luckily for locals and for foreign visitors who attend car shows and auctions, Parkhound has you covered. Wherever you are in Australia, Parkhound will find the right parking spot for you at a budget that you can afford. If you wish to place your classic car in storage, we have some secure spaces available to meet your needs.