MARKET ANALYSIS
V Spec (1999 to 2000)

Introduced in 1999, the Nissan Skyline GT-R R34 V-Spec I—short for Victory Specification—was developed as a more focused and technically advanced version of the standard R34 GT-R, building directly on Nissan’s motorsport success of the late 1990s. The V-Spec I distinguished itself through meaningful mechanical upgrades, most notably the ATTESA E-TS Pro all-wheel-drive system, which added an active rear limited-slip differential, along with stiffer suspension tuning, enhanced braking hardware, and aerodynamic additions including a rear diffuser and revised front and side splitters. Power came from the revered RB26DETT 2.6-litre twin-turbo inline-six, paired exclusively with a six-speed manual transmission. Production ran only until 2000, before being replaced by the V-Spec II, with 4,289 examples built worldwide, including 81 UK, 10 Hong Kong, 10 Singapore, and 5 New Zealand market cars. In the Australian market, V-Spec I models are highly sought after due to their limited production, stronger mechanical specification over base GT-Rs, and increasing collectability, with values driven by originality, mileage, condition, and provenance, particularly for low-kilometre, unmodified examples as the R34 GT-R market continues to mature at the top end.
Introduced in 1999, the Nissan Skyline GT-R R34 V-Spec I—short for Victory Specification—was developed as a more focused and technically advanced version of the standard R34 GT-R, building directly on Nissan’s motorsport success of the late 1990s. The V-Spec I distinguished itself through meaningful mechanical upgrades, most notably the ATTESA E-TS Pro all-wheel-drive system, which added an active rear limited-slip differential, along with stiffer suspension tuning, enhanced braking hardware, an…
Model years for Nissan Skyline (1999 to 2000)

1999 Nissan Skyline (R34) GT-R V-Spec
106,771 km • Manual • RHD
🇦🇺Sydney, NSW
SOLD
$192,000
Auction
Mar 24, 2026
1999 Nissan Skyline GT-R V-Spec
Six-Speed Manual Transmission
🇦🇺Melbourne, Australia
SOLD
$254,180
Auction
Feb 23, 2023
1999 Nissan Skyline GT-R V-Spec
Six-Speed Manual Transmission
🇦🇺Melbourne, Australia
NOT SOLD
Auction
Mar 04, 2023
1999 Nissan Skyline GT-R V-Spec
Six-Speed Manual Transmission
🇦🇺Sydney, Australia
SOLD
$177,500
Auction
Aug 26, 2024
2000 Nissan Skyline GTR V-SPEC HR34
81,869 km • Six-speed manual • RHD
🇦🇺Sydney, NSW
NOT SOLD
Auction
Feb 25, 2026
1999 NISSAN SKYLINE (R34) GT-R V-SPEC
11,573 km • Manual • RHD
🇦🇺Alexandria, NSW
SOLD
$221,500
Auction
Jan 25, 2022
1999 NISSAN SKYLINE (R34) GT-R V-SPEC
28,729 km • Manual • RHD
🇦🇺Tinderbox, Tasmania
SOLD
$164,000
Auction
Jun 27, 2023
2000 NISSAN SKYLINE (R34) GT-R V-SPEC
43,751 km • Manual • RHD
🇦🇺Ingleburn, NSW
SOLD
$177,000
Auction
Jul 19, 2023
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1999 Nissan Skyline (R34) GT-R V-Spec - 6,846 Km
6,846 km • Manual • RHD
🇦🇺Mitchelton, QLD
SOLD
$365,000
Auction
Oct 28, 2024