- Auctions
- The Iconic Sale at Race Retro 2026 - Collectors' Cars
- 2002 Nissan Skyline GT-R R34 M-Spec
2002 Nissan Skyline GT-R R34 M-Spec
Lot Number: 772
2002 Nissan Skyline GT-R R34 M-Spec
A rare opportunity to acquire a collector-grade M-Spec R34 GT-R in desirable WV2 Sparkling Silver, freshly imported from Japan and presented in outstanding, largely original condition.
- ESTIMATE: £120,000 - £150,000
+ buyer's premium of 12.5% plus VAT (15% incl VAT)
You can choose to bid in the room, by phone, online or via commission.
LIVE AUCTION: This lot will be auctioned on Saturday 21st February, 2026 at 1.00pm local time at Stoneleigh Park, Stoneleigh Rd, Coventry, CV8 2LG
-
BODY COLOUR
Sparkling Silver WV2 -
DRIVE
RHD -
REG NUMBER
EP02 LWO -
ODOMETER READING
51890 KM
SUMMARY
A rare opportunity to acquire a collector-grade M-Spec R34 GT-R in desirable WV2 Sparkling Silver, freshly imported from Japan and presented in outstanding, largely original condition.
DESCRIPTION
A rare opportunity to acquire a collector-grade Nissan Skyline R34 GT-R M-Spec, finished in the highly desirable WV2 Sparkling Silver and presented in outstanding, largely original condition. Freshly imported from Japan and showing one UK owner, this example carries a strong Japanese auction Grade 4.5, no accident history, and a complete Nissan service record from new.
Introduced towards the latter part of R34 GT-R production, the M-Spec represented a more considered interpretation of Nissan’s flagship performance model. Rather than chasing outright aggression, it was designed to appeal to a more mature buyer - one who appreciated the GT-R’s formidable capability but valued comfort, ride quality and craftsmanship in equal measure. Based on the V-Spec II, the M-Spec retained the advanced ATTESA E-TS Pro four-wheel drive system and Super-HICAS rear steering, but introduced Ripple Control dampers to deliver a more compliant and composed ride on real roads.
Production was limited to just 366 cars worldwide, making the M-Spec one of the rarest factory R34 variants. Of those, only 112 were finished in WV2 Sparkling Silver, widely regarded as one of the most elegant colours available on the R34 platform and one that highlights the car’s muscular yet restrained styling particularly well.
The exterior of this example presents exceptionally well, with paintwork that remains bright, even and consistent throughout. Importantly, the underside tells the same story - clean and original. Given how many R34s have since been heavily modified, restored or rebuilt at significant cost, the originality of this car is a notable and increasingly valuable attribute.
Inside, the M-Spec’s bespoke cabin sets it apart from other GT-R variants. The factory leather seats, complete with integrated heaters, remain in very good condition, showing only minimal wear and avoiding the cracking commonly seen on lesser examples. Aside from the gear knob, the interior remains entirely standard, retaining its original steering wheel, pedals, mats, gaiters and trim, all contributing to a strong sense of authenticity.
Mechanically, the car remains close to factory specification. The legendary RB26DETT engine retains its original airbox, exhaust and factory boost settings, delivering smooth, progressive performance with stable oil pressure and correct operating temperatures. A Nismo clutch and flywheel have been fitted, providing a discreet OEM-plus upgrade that enhances durability while preserving factory driving characteristics.
The car is supplied with a full Nissan Japanese service history from new, with mileage entries that support the indicated 51,890km (32,243 miles). The cambelt was replaced in Japan on 24th December 2021 at 50,344km, and upon its arrival the car was serviced with new oil, oil filter and fuel filter.
As global demand for R34 GT-Rs continues to strengthen, collectors are increasingly focused on limited-production variants in original condition with known history. The M-Spec sits firmly within that bracket, combining rarity, refinement and long-term collectability.
This is a particularly well-presented example of one of the most desirable modern Japanese performance icons.
Service history entries (Japan):
930km, 2,126km, 3,370km, 5,128km, 9,767km, 11,628km, 13,918km, 15,919km, 17,944km, 19,720km, 21,113km, 22,307km, 35,808km, 50,239km.
SPECIFICATION
- Lot Number
- 772
- Make
- NISSAN
- Model
- SKYLINE R34 GT-R
- Variant
- M-Spec
- Registration Number
- EP02 LWO
- Chassis Number
- BNR34404162
- Transmission
- Manual
- Body Colour
- Sparkling Silver WV2
GALLERY
SPECIALIST
Stacey Williams
- Car Specialist
- 07472 250306
- stacey@iconicauctioneers.com
For further information regarding this lot please contact Stacey.
Email StaceyTelephone Stacey
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SEE IT IN ACTION
SEE IT IN ACTION
Please note all lots must be removed from the venue no later than 2pm on Monday 23rd February. Collections will be from 9am - 2pm. If you cannot collect yourself, please do get in touch with our transport partner, EM Rogers, who will be happy to help you.
Uplift by EM Rogers back to their storage facility in Northampton is £175 plus VAT for a standard sized vehicle and prices start from £275 plus VAT for larger vehicles. Storage will be charged at £12 plus VAT per day from the Monday for the first 14 days then £40 + vat per week from there on.
For oversized vehicles such as vans, transporters etc. please contact EM Rogers on +44 (0)1604 755511 or trafficdesk@emrogers.co.uk for a quote.
If you cannot collect, or do not let us know transport arrangements before noon on Monday 23rd February, we will send the car to EM Rogers on your behalf.
A classic car or motorcycle is a source of great pride and enjoyment but, whether your car or motorcycle is in storage or on the road, you’ll need a specialist insurance policy. We have partnered with Howden Insurance a leading insurance brokers with a team dedicated to classic cars and motorcycles. They cover a vast array of classic and vintage models and only work with insurers who provide a great service and share our passion for the classic motor industry.
For a personal classic car or classic motorcycle quote, visit:
www.howdeninsurance.co.uk/iconic-auctioneers
