ADELAIDE, AAP – The last car to roll off Holden’s production line in Adelaide is up for auction with bids expected to reach $500,000.

The company closed its production facilities in 2017 and then retired the brand at the end of 2020 amid falling demand for traditional passenger sedans.

The last vehicle off the assembly line was a Commodore VF Series II SSV Redline, which has already attracted strong bidding in an online auction that wraps up this weekend.

Lloyds Auction chief operations officer Lee Hames says the car is in showroom condition and has covered just 102 kilometres.

“The interest in this car has been phenomenal, we have had enquiries from collectors, investors and Holden enthusiasts from all over the country, phones are ringing off the hook night and day,” he said.

“There are some very passionate Holden enthusiasts and collectors looking to own this special piece of Australian History.”

Bidding on the car had reached $118,500 by Wednesday morning but was expected to go much higher before the auction ends on Saturday.

However bids are not expected to top the money being offered for another prized Holden, the W1 Maloo Ute, one of only four ever made.

The top bid for the car on Wednesday was a staggering $1,050,000.

“This is arguably one of Australia’s most collectable muscle cars,” Mr Hames said.