The HK Holden Kingswood proves to be a classic Holden Dinky Dye car

In 1968, a highly ambitious ‘next generation’ series of motor vehicles began at GM-Holden in Australia, with the launch of the ‘Kingswood’ series of Holden Cars.

The first in this highly successful series range was the HK Kingswood and unknowingly Holden was about to launch it into the Australian car market, a car that would go down as one of the best investments any car buyer would make to date. date. It would become a remarkable piece of social climbing just to own a HK Holden Kingswood.

It was bigger, lower, roomier and more rounded in appearance, with more trims and new mechanical features, including an imported V8, and a variety of factory options. Air conditioning and electric windows were offered for the first time.

The HK Kingswood was launched in 1968 and sold until the end of 1969 with 199,039 HK Holdens sold.

At a recent motor vehicle auction in Melbourne, a 1969 HK Kingswood Sedan, unregistered but converted to run on LPG, was put up for auction. The introductory price, when new 41 years ago, was $2,215. The car had been fitted with an original 253V8 engine.

The car set a new auction benchmark and sold for a staggering $17,000. That’s a 675% return on the initial purchase price.

At the same auction, a 1970 Rolls-Royce Silver Shadow in very presentable condition sold for a paltry $12,500. The initial owner of the Rolls would be concerned about the loss of his investment.

The investment potential of any Australian built Holden car is huge if the car is cared for over the years. No wonder the HK Holden Kingswood has proven to be one of Holden’s true classic cars.