Posts Tagged ‘ diecast ’

Licsensed, Hot, & Furious

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While watching YouTube videos about Hot Wheels, it prompted me to make a few speculations. I am not entirely versed in how licensing diecast cars works, but I am aware that recently Mattel has lost the Ferrari license and gained the Mercedes license. They have also indicated that they will be producing a few particular older JDM Nissan models and they also have shown a mid 90’s Mazda RX-7.

My wife and I recently watched The Fast and the Furious Tokyo Drift. While watching the movie I realized that it would be completely possible for Hot Wheels to release yet another batch of Fast and Furious cars. This time, they could potentially gain a license to utilize VeilSide and make the RX-7 from either Tokyo Drift, or the original The Fast and The Furious. If they produced both of them in the same set, I think that would bring even more desirability to the bunch.

While they are at it, they should revive the Nissan Silva casting they have so they can make the “Mona Lisa” of Tokyo Drift. The stunning blue and orange S15 owned by Han that Sean destroys in his first attempt at drifting. That would be a stunning car to add to the collection. They should also make the Mitsubishi Lancer that Sean drives throughout the movie as well. My opinion is that particular installment of franchise had some of the best, most non time sensitive cars of all the movies. It doesn’t matter that the movie was out of order because those cars are still drifting to this day.

I would really like to see Hot Wheels produce these cars and add to the Fast and Furious collection of Hot Wheels. I will admit, I have very few of them. They have been hard to find, they have come out in times of my life where I was not as able to search for them, and they are a little too expensive for me to try to purchase on eBay right now. Regardless of that, the fact that these dreams could become a reality, is hope enough to remain steadfast in my desire to collect as many Hot Wheels as I can.

 

Collecting Influence

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Economics teaches us about the law of supply and demand and how they affect one another. I have found that to be true in the real life collector car world and it’s influence on diecast cars. Lately, I have been following the trend of the Ferrari F40 and the McLaren F1. These two cars in real life have skyrocketed in value, and that spike in popularity and prestige has carried over into the diecast collector world. It is hard to find a good Hot Wheels Ferrari F40 or McLaren F1 for a price below $10.

A few years ago I experienced the same thing with the Hot Wheels versions of the Tesla Roadster, Lamborghini Murcielago, and the Bugatti Veyron. I ended up spending far more than I care to admit to purchase a 2009 Dream Garage series Murcielago in green on eBay. Asking prices for that car are still quite high.

That situation plagues my mind while Hot Wheel hunting in stores now days. Often times when I find something on the pegs, I will tell myself, “It is only a dollar now. If you want it later, it is going to cost you.” Sometimes I still put it back on the shelf and walk out empty handed. I am trying to be a responsible adult. I am also hoping I’ll find it again to solidify that I should in fact purchase it.

One similarity between the two collector car markets is that the real life collector car world has concourse condition. Diecast car collecting conditions are in the package or not. This topic alone could lead to so many other discussion points. In real life, actual completely “original” vehicles are becoming very rare as age and limited replacement parts slowly take away from factory original condition. I think diecast has the same type of issue going on. The “DLM” or diecast liberation movement is a sweeping craze right now. That movement simply means that the cars are being opened and removed from their packaging. That might not be a big deal for diecast cars produced from 2000 on because of such a large number produced and records of those numbers. But, for cars produced in the 70’s, 80’s, and 90’s, that can be alarming. The amount of still packaged cars from that time is dwindling and the unknown amount of produced versions is certainly going to factor in. The more cars that get opened from that time frame, the higher the demand and higher the price for an unopened original model will be.

A second similarity is that the real life collector car world has rare limited edition models and trims. Diecast has both limited edition production numbers in some cases as well as wheel and paint variations. Diecast has an advantage in this area because not only can they produce the real life car models with special trims, they can also customize them further. This can produce even greater demand for such limited models.

All collecting for both markets boils down to what are people willing to pay for what they want. Perception is important and closely following trends in both real life car collecting and diecast collecting will certainly be beneficial. With all this in mind, know what you want, know how much you want to pay for it, and go enjoy the things you purchase.