Market Watch: EJ-EH Holden

By: Cliff Chambers


1962 HOLDEN EJ 1962 HOLDEN EJ

The EJ, and in particular EH models, marked turning points in Holden’s design philosophy

No longer would GM-H styling sit a generation behind the rest of the automotive world. And, from late 1963 when the EH appeared, its engines would be up to the mark as well.

The shape of the EJ and angular EH left 1950s styling in their wake while continuing to deliver six-seat cabin space and design simplicity.

The EH should from the beginning, have been a race winner, but a disastrous 1963 Bathurst 500 campaign put an end to Holden’s hopes of marketing the EH as a successful competition prospect. It didn’t matter though, because sales established records that would never be beaten and owners were doing what the factory decided it would not.

Twin and even triple carburettors were bolted to the new 179 cubic inch (2.9-litre) Red Six, boosting power well beyond the factory 86kW. Beneath the floor, replacing Holden’s rugged three-speed transmissions, were all manner of four and even five-speed manual gearboxes.

| 2022 Market Review: Holden EJ-EH

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Once the HR Holden with its disc brake option was launched, its front suspension was quickly adapted and hundreds of hot EJ/EHs acquired stopping power to match their performance.

More than 250,000 EHs and 156,000 EJs were produced and most didn’t survive the 1970s. A lot did though and both models maintain strong followings in the specialist vehicle market.

Premiers, modified or showroom stock, have made the most spectacular gains. $60,000 is typical money for a well-restored EH sedan, with some wagons of exceptional quality setting auction records with hammer prices around $100,000.

| Buyer's Guide: Holden EH-EJ

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There is no need to pay that sort of money, or anything like it, for an enjoyable EJ or EH. While authenticity is important where a car is being bought for its collector potential, the vast majority of survivors will be imperfect or altered in some way and cheaper than ‘show’ cars.

Something that is running a later red, blue or even black six-cylinder engine, with improved brakes and suspension is going to be viable on congested roads and certainly be easier and safer to drive than cars with the running gear from 60 years ago.

How the prices moved

     
2010        
MODEL YEARS CONDITION 3
$
CONDITION 2
$
CONDITION 1
$
EJ 1962-1963 2000 5800 10,000
EH 1963-1965 2500 8000 13,000
EJ Premier 1962-1963 3000 8500 12,500
EH Premier 1963-1965 4500 13,500 18,500
         
2015        
MODEL YEARS CONDITION 3
$
CONDITION 2
$
CONDITION 1
$
EJ 1962-1963 2700 11,500 16,500
EH 1963-1965 3800 11,500 17,500
EJ Premier 1962-1963 4000 11,000 18,500
EH Premier 1963-1965 5500 17,500 27,500
         
2018        
MODEL YEARS CONDITION 3
$
CONDITION 2
$
CONDITION 1
$
EJ 1962-1963 5200 14,500 22,500
EH 1963-1965 8500 20,000 29,500
EJ Premier 1962-1963 I/D 18,000 28,500
EH Premier 1963-1965 9500 26,500 39,500
         
2021        
MODEL YEARS CONDITION 3
$
CONDITION 2
$
CONDITION 1
$
EJ 1962-1963 8000 19,500 28,500
EH 1963-1965 11,000 25,000 34,500
EJ Premier 1962-1963 13,000 27,000 36,500
EH Premier 1963-1965 18,500 42,500 55,000
EH Premier wagon 1963-1965 I/D 47,000 60,000
         
2023        
MODEL YEARS CONDITION 3
$
CONDITION 2
$
CONDITION 1
$
EJ 1962-1963 12,000 24,500 35,000
EH 1963-1965 16,500 33,000 47,000
EJ Premier 1962-1963 16,000 32,000 44,000
EH Premier 1963-1965 I/D 47,500 62,000
EH Premier wagon 1963-1965 I/D 54,000 70,000
         

 

 

From Unique Cars #479, June 2023

 

 

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