R34 (1999 to 2002)

Produced between 1999 and 2002, the Nissan Skyline GT-R R34 represents the final and most advanced evolution of the classic Skyline GT-R lineage before the move to the standalone R35. Built on a heavily refined version of the R33 platform, the R34 featured the legendary RB26DETT twin-turbo inline-six, ATTESA E-TS all-wheel drive, Super-HICAS rear steering, and a sharper, more compact body that many regard as the definitive GT-R design. Notable variants included the V-Spec, V-Spec II, Nür, and M-Spec, each adding further mechanical or luxury differentiation. Total production is estimated at approximately 11,500 GT-R R34s worldwide, making it rarer than both the R32 and R33. In the Australian market, the R34 GT-R has achieved near-mythical status due to limited availability, import restrictions, and strong cultural significance, with most examples arriving via specialist import. Values are driven by variant, originality, mileage, condition, and provenance, with V-Spec II Nür and low-kilometre, unmodified cars commanding significant premiums as the R34 continues to sit at the very top of the Japanese performance car hierarchy.