A THRIFTY HSV owner has turned a $170,000 investment into $110,000 of profit in a matter of months after auctioning his white GTSR W1 with just 22km on the clock.

Car number 110 of 275, located in Victoria, was sold by Grays Online for $280,000 last night and is the second W1 Wheels is aware of to be resold with what appears to be delivery kilometres.

A $110,000 premium may seem steep, but Wheels understands some customers paid more than the official list price of $170,000 at launch to secure themselves an example of the final locally made Commodore-based HSV.

It was estimated that 800 orders had been placed for the W1, and it seems that the high demand is being exploited by speculators.

The HSV GTSR W1 is the company’s farewell to the Commodore platform, and is the most hardcore product to come from the Clayton tuners to date.

With a 474kW/815Nm dry-sump 6.2-litre supercharged LS9 engine under the bonnet, and V8 Supercar inspired suspension and brakes, the W1 is one of HSV’s most lusted after products.

A select group of Australian customers were able to purchase the 911R for $404,700, but one later hit the second-hand market with an asking price of nearly $1.2 million earlier this year.