Shelby Mustang GT350 + Ford Falcon XY GT + Mini Cooper + Lotus Elan - Auction Action 409

By: Mark Higgins

mustang shelby mustang shelby

A few highlights from recent auto auctions held around the country


1965 Shelby Mustang GT350

Passed in: Estimate $500,000
Shannons, Melbourne

Tuning Guru Carroll Shelby first turned a Mustang into a thoroughbred in 1965 resulting in the snake moniker on a ‘Stang becoming iconic. This restored Shelby is one of nine dealer-prepared drag cars and once held six records across North America. At one stage it was owned by Charles Brown, a lead-guitarist with Van Morrison.


Ford Falcon XY GT

Sold: $250,000
Lloyds Auctions

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Despite not displaying the magic GTHO label, this original Ford Falcon XY GT still sold for an eye-watering $250,000.

A multi-award-winning car, it was advertised as the best XY GT in Australia and given its better than showroom appearance we couldn’t agree more.

This desirable Aussie FOMOCO muscle car has matching numbers and is finished in the iconic combo of Vermillion Fire exterior and black interior.

With 1932 miles on the clock, the 351ci V8 and four-speed manual gearbox are barely run in.


Austin Mini Cooper S

Sold: $53,000
Shannons, Melbourne

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It was like bees to a honey pot when this Ian Cummins Collection 1964 Austin Mini Cooper S went under the hammer. In original colours this Cooper S features sliding windows and a (rebuilt) 1275cc engine, wider 4.5-inch wheels, a reworked diff and suspension. Inside is two-tone red/grey upholstery. It came with a BMHIT certificate, history file and original Mini Cooper Driver’s Handbook. 


Mazda RX-7

Sold: $15,200
Lloyds Auctions

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Poster cars from the 1980s are attracting a new wave of buyers and none more so than the Mazda RX-7. Record dollars have changed hands recently with prices still appreciating, so at this price we reckon it’s a bargain.

Offered unreserved, this 1982 Series 2 features a five-speed manual box and 12A rotary engine. Finished in yellow, this example has been well maintained with an excellent interior.  


1968 Lotus Elan 2+2

Passed in: Range $32-36K
Mossgreen, Melbourne

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In between winning in F1 and the Indy 500 in the '60s Lotus found time to create gems like the Lotus Elan.

The featherweight Elan was an alternative to MGs with more dash for more cash. Just 2,000 Lotus Twin Cam 2+2 Elans were made. Finished in Porsche golden green this example has been with its current owner for 18 years.

The engine has been refreshed and it was auctioned with a new set of 165 x 13 tyres on original 13" Lotus alloys.


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