SHEPPARTON Motor Museum hosted the first classic car auction of its type in regional Victoria on Saturday.
More than 2,000 people turned out during the course of the highly anticipated auction, which saw a record price paid for a 1974 Holden Torana SLR 5000 sedan selling for $96,000.
The crowd was stunned when the prize car of the auction, a 1971 Falcon GTHO Phase 3, an Australian icon, and the model that dominated Bathurst in the early 1970s, sold for a head-turning $500,000.
Auctioneer, Bill Freeman told The Adviser after the successful event that the Australian classic cars were the most popular at the auction. A 1971 Valiant Charger was bid to $225,000, a 1970 Monaro HG GTS was bid to $200,000, and one of the finest classic Mercedes Benz you would see on the road, a 1956 Mercedes Benz 190 Roadster sold for $185,000.
There were several vehicles from the 62 lots that were at bargain prices, some of which may have been passed in.
Bidders from many parts of Australia, including Darwin, Brisbane, Sydney, and Melbourne were either represented in person, were bidding via phone or online.
Lloyds Classic Car Auctions took the opportunity to congratulate the Shepparton Motor Museum on the success of the auction.
The auction could fast become a major event for the region.