This classic 1971 Hakosuka Skyline KGC10 5 speed manual with 2.8L engine and GT-R badging was auctioned in Japan yesterday and sold for approx. $92,700 landed in Australia.
Worldwide demand for Hakosuka (“box Skylines”) continues to increase which has pushed up prices significantly in recent years. In the last two years alone we have seen prices more than double.
Finding quality examples remains the most difficult task, with most available through Japanese dealers and auctions having past repairs and significant rust issues. Solid body examples with original interiors are becoming increasingly rare.
The overall condition of this KGC10 2000GT yesterday was above average compared to many other Hakosukas we see for sale in Japan, which resulted in a lot of interest on auction day and a higher than average price. Lesser condition examples currently sell from about 5.5 million Yen FOB, however considering the amount of restoration required on cheaper examples and the fact that many would require significant (and expensive) rust repairs, we consider it worth spending more on a solid bodied Hakosuka like this one which would form a very good basis for further restoration.