2017 HSV GTSR W1 sells at auction for $350,888

UPDATE: A 2017 HSV GTSR W1 has sold at auction for $350,888.

After a decent start at 9 am for $205,000, competition for the 474kW HSV GTSR W1 hotted up in the final minutes with the winning bid coming in just north of $350K after 4:30 pm today.

You can view the Collecting Cars listing here [↗].

Compared to previous auction sales, the price could be considered low (with an XU3 Yellah example commanding $750K in 2021), however considering current market conditions and the more common Light My Fire paint, this result is strong.

What do you reckon, did the buyer score a good deal for one of HSV's most iconic vehicles? Have your say in the comments below.

Our original story, below, continues unchanged.

One of 275 HSV GTSR W1s with just 32km on the clock is up for sale, and the auction ends at 4:30 pm (AEST) today.

The last (and arguably greatest) of the Commodore breed is one of the most hardcore examples ever produced, with a supercharged 6.2-litre V8 churning out 474kW and 815Nm supported by trick suspension and Pirelli P Zero Trofeo tyres.

The bidding has crested $200,000 with a little under seven hours to run, which is plenty for a Commo but nowhere near what prospectors are listing examples for in the classifieds.

This begs the question, is the GTSR W1 really worth what punters are asking? We'll find out this afternoon and, in the meantime, you can view the Collecting Cars auction here [↗].

3

As far as GTSR W1s go, this is about as quintessential as you get. Finished in the same lurid shade of Light My Fire orange with Alcantara upholstery as the communications car featured heavily in the pages of Motor and Wheels magazines in period.

This example has travelled a mere 32km (and likely none of them sideways), so this is a rare chance to get a box-fresh GTSR W1 on your driveway.

3

How much will it sell for?

We'll have an update after the auction ends, but currently bidding is over $200,000 for a car that listed at $169,990 when new.

Previous GTSR W1s sold at public auctions give us a clue. In 2021, a black example with 8121km on the clock fetched $153,000 at a Shannons auction.

In the same year, GTSR W1 build plate #017 finished in XU3 Yellah with just 16km on the odometer changed hands for $750,000.

It went to auction alongside build #E001 GTSR W1 Maloo – one of just four (or six, technically) ever made with 19km on the clock – that sold for a staggering $1.05 million.

In the classifieds, there are 12 GTSR W1s currently for sale ranging between $290,000-$525,000.

As for this example, it's likely to climb but how far is yet to be seen – and the result will give insight into the current health of the W1 and Australian collector car markets.