Australian and American muscle car prices might have been soaring over the past 18 months, but at Shannons Sydney Summer Classic Auction on Monday (February 18) they will be back on budget.

A wide range of sought-after 1960s and ’70s cars is going under the hammer, with estimated selling prices ranging from $30,000 to $135,000.

Enthusiasts and collectors looking to get in on the ground floor of the current muscle car mania have been eyeing a four-speed manual Pepper Red XA GT sedan ($30,000-$40,000) that has been mildly customised and a well-cared for Falcon XY GS 302 V8 sedan that is expected to sell for $24,000-$30,000.

But there has been even greater interest in the very tidy and original 1968 Falcon XR GT 4-speed manual ($60,000-$70,000) and for Holden fans, an equally-desirable restored Bright Blue Metallic 1968 HK Monaro GTS 307 Coupe ($65,000-$75,000).

A similar Gold Falcon XR GT sold after last Sunday’s Shannons Brisbane Motor Show Auction for $81,000, while a similar Monaro GTS 307 with two-speed automatic transmission went for $70,000 at Shannons Melbourne Spring auction last year.

‘Bathurst’ Holden buyers with a keen eye for value have recently ‘discovered’ the Torana A9X models which dominated the Mt.Panorama endurance race in the late 1970s and there is already considerable interest in the unrestored and unmolested Flamenco Red A9X 4-Door Sedan going under the hammer at the auction.

Fitted with the rare 2.60:1 differential, the Torana has covered an indicated 118,000km since new and is complete and correct in all important details, making it highly desirable for serious collectors at its anticipated selling price of $110,000-$135,000.

American muscle car enthusiasts have a choice of three impressive Chevrolet Stingrays and a Mustang Convertible, with prices ranging from an estimated $34,000 to $120,000.

They begin with a very original and well-presented 1969 right hand drive Stingray ‘Targa;’ Coupe ($32,000-$36,000) and include a striking red1971 Stingray Convertible ($34,000-$40,000) and a very desirable and well-presented Silver Blue left hand drive 1963 Corvette L76 Convertible, fitted with the most desirable combination of the 327-cid V8 engine and four-speed manual gearbox ($90,000-$120,000).

A very original and well-presented 1969 Mustang Grande Convertible with the 302-cid V8 and three-speed automatic transmission is also in the auction, with an estimated selling price of $45,000-$55,000.

To view all auction lots and results visit www.shannons.com.au

Posted: 02|17|08 at 2:55 pm. Filed under: Press Release.