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I think I discovered the reason that Hot Wheels lost their Ferrari licensing...
... I recently ordered and just received one of Hot Wheels' "foundation" Ferrari 458 Italias and, let me just say up front that it EXUDES cheapness!
When I first received it, I was pleased as punch! It actually looks great... in the box! Once I removed it, though, the quality (or lack thereof) issues began to reveal themselves; first, I noticed immediately, that the "steerable" wheels would only change direction very slightly (I'm guessing, but I'd say probably no more than maybe three to five degrees). Next, as I was trying to loosen the wire securing-tether on the hood (or is it the trunk? The one in the front, anyway), I discovered that it's made of a very flexible plastic! I guess this really shouldn't surprise me, since I've owned one or two of their foundation Ferraris that had plastic engine covers. This one just struck me as odd, though, because I had never seen any diecast model with a plastic hood/trunk/whatever! The engine cover was, not surprisingly, also plastic, but I expected that.
Next, and before I even had a chance to recover from the plastic hood disappointment, I opened the doors and... YOU GUESSED IT! They're ALSO plastic!
At this point, I was looking for a magnet to use in testing the body to see if it was plastic as well. Fortunately, though, it is diecast metal, so that was a relief!
Now, inside the car, the interior was a very plasticky-looking solid black. There was no color, whatsoever, to indicate different materials or trim, etc. Not even a decal (yuck!) to indicate the gauges in the instrument panel! The one-and-only exception to the sea of black plastic was a single yellow pinhead-sized spot in the center of the detail-less, black, plastic steering wheel, posing as the familiar "prancing horse" emblem.
Although the SILVER plastic wheels actually look pretty good, I was somewhat dismayed to find that the black-plastic brake discs do not rotate with the wheels. I then realized that the brake discs and calipers are each a single molded piece of... black plastic! So, if the discs were to rotate, the calipers would rotate right along with them!
I guess the last disappointment that I discovered was that the center-positioned exhaust tips were actually formed as a single piece of CHROMED plastic! This actually wouldn't have been such a bad thing, since this is, after all, a "foundation" piece, but then I noticed a clearly-visible spot of missing chrome where the plastic piece had been tactlessly removed from the sprue! Can anyone say "QUALITY CONTROL"??!!!
Okay, I know what you're thinking... "This guy is expecting 'Elite' quality at a 'Foundation' price!" Well, that's true, to an extent, but here's the deal:
I would have bought an Elite to begin with, if I had been able to find one. I wasn't! I had been searching for one for about eight months (on the 'Bay and elsewhere) and never saw a single one! As a matter of fact, this Foundation model that I bought was the only "street" 458 I've seen of any type! So, I figured I'd better get it while the opportunity was there! Even IF I had been able to find an Elite, I'm quite sure that it would have been going for a BBR/CMC price, which I can't afford.
So, I ended up paying $55 (plus S &H) for a model that really should have been priced at about $20, from a quality-only standpoint. Now, I know that things like licensing costs and so forth can cause prices to skyrocket (e.g. the Barris Batmobile), but poor quality and cheap materials is, by no means, an encouragement for future purchases... which brings me to my point; I have to believe that Ferrari wants its automobiles represented in a fashion that might, to some degree, reflect the quality and desirability of its own product line. If one of their executives happened to, on a whim, pick up a Foundation 458, I cannot, in my wildest dreams, imagine that he (or she) would be pleased.
While the quality of Hot Wheels' Elite line actually grew by leaps and bounds, after they initially secured the Ferrari licensing rights, I personally believe that, for the most part, the Foundation line quality level decreased. Sure, they do have a few quality strongpoints (realistic door hinges, for example), most of these quality-boosters are the direct result of the model having been initially designed as an Elite, with many of the Elite features being toned down for the Foundation models, as opposed to them having been designed as foundation level models and then having quality boosters added for the Elites, which is how they started out when they obtained licensing.
So, after this long rant, I'll say this too; I don't regret having bought the 55 dollar- twenty dollar Ferrari. It was, after all, the only opportunity I've had to obtain a representation of the 458, which is one of my (many) favorite Ferraris. If I could get my hands on an Elite, though (or something better), I'd snatch it up in a heartbeat and sell the Foundation model! Until then, I'll just live with the imperfections.
I dunno! It's a $55 model. I consider that cheap and the points you mentioned...
... seem to be in keeping with the price point to me. It sounds like Hot Wheels was trying to produce the lowest cost Ferrari they possibly could afford to build and priced it accordingly. At least, in my opinion.
Alan, look on eBay's UK, French and German sites
I think you'll find Hot Wheels Elite versions of the 458, 458 Speciale, Spider and GT2.
I have a red Speciale and it's a very nice model - I'd definitely recommend it to you.
Good luck with your search.
Well, Marlowe, maybe I'm still living in the 90's. For what it's worth...
... my initial disappointment has subsided somewhat, but I honestly don't know where to draw the line; obviously, inflation is largely to blame for both increasing prices and decreasing quality, but the last two Foundation Hot Wheels models that I've purchased were both huge disappointments, with higher prices and lower quality than what I had been used to previously. I think I'd just find it easier to accept if it were one or the other and not both.
I guess there was no valid reason to expect more from the Ferrari (the previous one was a two-thousand-something Shelby Mustang), but I guess I did, probably because, as I indicated before, the Ferrari was originally designed to fit into the Elite line. The many toned-down features were just disappointing to me, because my expectations were based on HW Foundation Ferrari models I had bought years ago.
I guess I'm just expecting too much for $55, but the double-whammy of a higher price AND lower quality was just too much to accept at the time.
Also, I'm sure the fact that I'm a HUGE Ferrari fan had something to do with it. For whatever it's worth, though, I think I'd have to have a huge motivation in order to consider buying any more Foundation Ferraris... unless, perhaps, they were manufactured 10-20 years ago.
Thanks for the recommendation, Paul! I wasn't actually aware that there were...
... separate sites for Europeans.
For the most part, I use my phone ap for almost everything I do on the 'Bay. It's just much more convenient. However, I'll do a little exploring on the other sites, now that I know about them.
Thanks again!
Thanks, Marlowe! I'll check it out!
Oh, incidentally, living in the 90's or not, I really don't think that $55 is all that cheap...
... Although it may seem inexpensive to someone who routinely pays $400-$600 for models, to me, $55 is not all that easy to come across (well, not for the "fun-money" budget, anyway).
Besides, I'm frequently able to pick up Ertl/AutoWorld "Authentics" models in the high-$30's to low-$60's range and they are are leaps-and-bounds ahead of the Hot Wheels Foundation models in terms of quality!
Thanks again for the Euro-sites suggestion, Paul!...
... I checked them and, unfortunately, there were only 2 listings for a Hot Wheels Elite Ferrari 458 Italia street version coupe in red (which is the only one I want, except for possibly the Speciale, which is still available on the U.S. site). The first one was damaged and defective (scratch that one) and the second was listed at $240.16. For that kind of money, I think I'd just prefer to hold out for a deal on a used BBR!
(Please forgive me- I seem to be stuck in "complaint mode" right now- lol)
It was really a great suggestion, though, and I really appreciate it!
Alan, try Australian eBay as well!
Alan I have a yellow and white Elite both with boxes I would sell at a good price. No red sorry but do have a spyder in red. You would be responsible for any fees to the board however.
That's a great offer, Josh, and I greatly appreciate it! Since I want a red one, though...
... I'd have to really think about it quite a bit.
Out of curiosity, is the white one the pearlescent "Fernando Alonso" edition?
Also, how much do you want for them?
Thanks!
Did you check out the 458 Spyder, Alan? The red Elite Coupes disappeared shortly after their release in 2011 & usually command a heft premium. The Elite 458 Spyders were widely available at a discount, though those days seem to be over.
I bought the Spyder & am very happy with it. For what its worth, the wheels don't turn much on the Elite version either.
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I don't like the spyder, but I have seen a lot of them for sale. Thanks anyway for the suggestion!
Sorry didn't get back until today. All have their box
Alonso's $95.00
yellow $75.00
red spyder $75.00