We're still determining if Mattel can regain the licensing rights, but it seems unlikely. Not to worry, though, there are over 50 Hot Wheels Ferrari castings to collect, with just under 700 variations to look out for. Seeing how expensive some of those diecast cars are, getting the complete collection might cost more than $10,000 today.
I will show you 25 of the coolest Ferrari Hot Wheels cars for this story, with no particular order in mind. This list reflects my preferences and assessments, and I would love to know if you would have chosen other models instead. Some castings that didn't make the list but are still worth checking out are the Ferrari 312P, Ferrari 512S, Ferrari F355, Ferrari FF, and Ferrari F12 Berlinetta.
1. Enzo Ferrari
The rarer variation featured a Spectraflame Dark Red finish and six-spoke Bling wheels. One seller on eBay is asking $3,000 for one of these collectibles, but that's going a bit over the top if you ask me. Still, expect to pay at least $200 for this STH and around $80 for the Regular Treasure Hunt. Two Ferrari Racer 60th Anniversary special models came out that same year, featuring CM6 wheels, the kind you'd expect to see in the Speed Machines series. This line was still a few years away, and these Enzos will cost about $100 each. As for the Anniversary models, the Gold Chrome model goes up to $300 today.
2. Ferrari 156
The particular shade of red is the first clue that this is no ordinary release, and then there were the BNG-type Real Riders wheels. Paying between $40 to $100 for this variation of the Ferrari 156 sounds good. And it's the go-to iteration of the classic Ferrari F1 casting.
3. Ferrari Dino 246 GT
For three years in a row, the Ferrari Racer series was a big thing with Hot Wheels, and the Dino 246 GT was in on the action, too. After a four-year-long hiatus, Mattel came up with two Ferrari Racer iterations, both rolling on Co-Molded 6-spoke Wheels. Either of the two will cost up to $150, but the best iterations were still to come. The 2011 and 2014 were Premium variations of the 246 GT, so think metal bodies and Reals Riders wheels. Despite these highlights, you can get a bundle price of less than $100 for the two. And you can already see how buying a complete Hot Wheels Ferrari collection can prove painful from a financial perspective.
More of these rolled out the factory over the next few years. 10 of 50 iterations of the GP-2009 utilized the red livery and Scuderia-specific logos throughout its history. Most of these tiny F1 cars rolled around on Wire Spoke wheels, except for the 2004 Hall of Fame edition with Real Riders rims on. One of these will cost between $60 to $100 today, the start of the whole adventure. Mattel stopped making this casting in 2017, and it may need to be updated for it ever to return.
5.Ferrari 250 GTO
Seeing these go for $150 today is not entirely unusual. Mattel delivered a Metalflake Steel Blue variation that same year, which can fetch around $100, too. That's not bad, considering Chassis number 4153GT sold for $70 million in 2018. You can at least be happy that the four regular Hot Wheels 250 GTOs will only set you back less than $100. That has to count for something, right?
6.Ferrari 250 LM
But it's up to each collector to decide whether this casting looks better with five-spoke or 10-spoke rims. If you need more than the regular models to suit your taste, you'd better look at the Ferrari Racer series. It used two colors in 2008: Metallic Dark Yellow and Red, and similar, chrome Co-molded six-spoke wheels. The last hoorah came in 2009, with a Metallic Dark Red finish and different decals. All three Ferrari Racer variations will add up to at least $150, if not more, depending on your negotiation skills and luck. But you should keep going if your collection focuses on Premium models or Super Treasure Hunts.
7. Ferrari 288 GTO
But things would be completely different with one of the company's halo cars. Since the '80s until now, only five machines have made it to that list. Mattel already created a replica of the Enzo, so what about the other cars? Well, the 288 GTO wouldn't be left out, either. Phil Riehlman designed the casting for the 2008 New Models release, and three variations made it onto the market that year alone. I'm a big fan of the Satin Copper version, a color I also encountered on a unique LaFerrari a few years ago.
Mattel upgraded the 288 GTO to the Ferrari Racer series in 2009 with two iterations. The latter looked great with white CM6 rims and white and green stripes down the sides. Three Premium variations showed up in 2010, in yellow, black, and gray, all sitting on Real Riders Exotic wheels. Four more simpler versions appeared before the demise of the casting in 2012. As expected, the Premium ones are the most expensive, up to $500 for one item!
8. Ferrari 250 California
It completely outshined the other collectibles, such as the '48 Ford from Grease or the Italian Job replica of the Morris Mini. The Hot Wheels Ferrari 250 California was a Premium item, with a metal base and Real Riders wheels so prices can vary between $100 to $170 depending on various factors. This is the only single-variation Hot Wheels Ferrari on the market, so that should be worth extra bragging points, right?
9. Racebait 308
The car was red then, with the Ferrari logo and 308 GTB decals on the hood. There are almost 40 iterations of the casting on the market, and getting them all under the same roof might be tricky. Several of them sell for $100 a piece and are only sometimes carded. In 1983, Mattel resorted to Real Riders wheels, with Goodyear imprinted on the tire sidewalls.
One of the most exciting things about the casting is that it featured a metal base for most of its lifespan. Today, we all know that is a premium characteristic, but it wasn't always like this. You'll be hard-pressed to find a collector with a complete Racebait 308 collection at home, as some models were only available on specific markets. But it can be a goal to aspire to if you're dead serious about having them all.
10. Ferrari 308 GTS Quattrovalvole
A second iteration came out that same year with minor differences. It now featured a Metalflake Dark Burgundy paint job, a tan interior, and Gold wheels. Buying these releases can set you back as much as $300. And there's still more to come: eight more collectibles. The good part is that six out of eight are just regular designs with different colors and wheels.
I like the 2010 Metalflake Blue release, but if you want something special in your life, you need to look at the 2011 Hot Wheels Garage and 2013 Retro Entertainment series instead. Both are rolling around on Real Riders Exotic wheels, but some differences exist. The final iteration paid tribute to Magnum PI and will cost you an additional $100.
11. Ferrari 333 SP
Several mainline variations came to be before Mattel delivered a 333 SP with Real Riders European wheels in 2004 as part of a Ferrari Hall of Fame series. The relatively simple Momo livery looked great on this tiny racecar, but there was more to come. CM6 wheels entered the stage in 2007 with the Ferrari Racer series: the first car featured a Metallic Dark Blue finish, while the second one exhibited a Satin Red paint job.
Two more cars appeared in 2009 before Mattel launched the Speed Racers series in 2010. If you plan on having a complete collection, you must find all 19 variations of this casting. A reasonable estimate is that you'll need between $500 to $1,000 to make that happen.
12. Ferrari 360 Modena
But let's get back to our world of 1/64th-scale vehicles, with the 1999 360 Modena casting. Michael Kollins designed this, and it's no wonder that the First Edition model featured a red paint job. The first impressive variation of the 360 Modena appeared in 2004 and had Preferred Series Real Riders wheels.
Interestingly enough, one of these models will only cost about $20 on eBay.
Expect different retail value for the later Ferrari Racer editions, though. Mattel delivered four variations between 2007 and 2008, all with CM6 wheels on. Prices will increase to about $150 per item, so you can already picture the mountain you're about to climb with a Hot Wheels Ferrari collection.
13. Ferrari 365 GTS4
Naturally, this was a premium model with a metal base and Real Riders wheels. That's right, there are only four iterations of this casting to look for, which is sad. Don't be surprised if these will still cost you over $200. You might have difficulty finding the Ferrari Racer model, while the Miami Vice one might be slightly more accessible. Only time will tell if the balance will shift, as modern-day Speed Machines don't have as big of an impact as other Premium collectibles.
14. Ferrari 430 Scuderia
In some cases, you'll notice that this second version was even more expensive, with prices today going up to about $130. In 2012, Mattel used the 430 Scuderia for the Treasure Hunts series. Even though that model wasn't exceptional, you'll still have to pay between $40 to $70 to get your hands on one. The seventh and last iteration of the casting appeared in 2014 as part of a Ferrari 5-pack with a decent Metallic Dark Blue finish.
15. Ferrari 458 Italia
Many felt that Ferrari's decision to switch to a turbocharged setup for the 488 was wrong, as it didn't sound as spectacular as the naturally aspirated V8 of the 458. Let's focus on the Hot Wheels replica of the Italian supercar, which first emerged from the factory in 2010. John Violette designed this one, too, and it is no surprise that the First Edition featured a red paint job.
Until 2014, the diecast manufacturer created 13 variations of the 458 Italia, none featuring Real Riders wheels or metal bases. Most of these cars featured simple designs, which looked decent enough. But the Team Hot Wheels and HW Stunt models exhibited more complex liveries, which could have been more appealing. Even so, a batch of six iterations can cost around $100, so you'll still need a decent budget to get them all.
16. Ferrari F40F40. I'm really into the F50, but its predecessor was probably more capable around the racetrack. Larry Wood designed the Hot Wheels F40 casting in the '80s, and it first appeared in the 1989 Mainline Series. The yellow 40 stickers might not look all that great today, but at least this First Edition had Ultra Hots wheels on it.
What's impressive about this casting is its opening rear section, matching the real-life F40. Mattel removed this feature towards the end of the casting's career and replaced the metal base with a plastic one. A complete collection will require all 36 variations of the F40, some of which will be costly. Consider sitting down and looking at eBay listings.
Some sellers ask for as much as $4,000 for one item, which feels strange. There are only 500 units of the 1998 Collectors Edition around, so at least it's easy to understand why people are asking just under $2,000 for one of those. The 2012 Premium Boulevard release sounds cheap at under $250 apiece. And you also have to worry about the five different Ferrari Racer variations while at it.
17. Ferrari 512 M
But nothing remarkable happened until 2011 when it became part of the HW Garage: Ferrari series. The 512 M featured a metal base and Real Riders Exotic wheels for the first time since its debut. This is, without doubt, the most exciting release of the casting, and you don't even have to spend a ridiculous amount of money to buy it. $50 will do the job, and you can enjoy opening the rear section that should reveal a 5.0-liter V12 inside.
18. Ferrari 550 Maranello
If you're keen on having something special in your collection, keep an eye out for the 2009 Ferrari Racer and 2011 Speed Machines releases, which have CM6 wheels on them. Sure, the CM6 is no Real Riders regarding looks or quality, but these items will still sell for around $70 each. This isn't quite our favorite Hot Wheels Ferrari casting, but it would be nice to have on display if you're a true Tifosi.
19. Ferrari 575 GTC
Mattel used CM6 wheels on all these iterations, so that you can see a pattern here. It last came out as part of a Ferrari 5-Pack in 2011, and we'll never know if the diecast manufacturer ever intended to use this casting again before losing the license. Despite so few versions of this casting, you'll still need to whip out at least $500 to buy all of them.
20. Ferrari 599 GTBFerrari decades to get to their current level. Some of you might have seen an 812 Superfast recently, but have you seen any of its predecessors? I've been lucky enough to sit in the passenger seat of an F12 TDF, but I have yet to experience the 599 GTB or the 575M. I remember seeing a 599 GTO at the Ferrari Calvacade in Italy a few years ago, but the 599 GTB will be just fine for today's exercise.
Rob Matthes designed this casting for its 2007 release, which featured a red finish. By 2008, Mattel had used several color variations, and it was time to promote the 599 GTB to the Ferrari Racer series. In 2010, the Grand Tourer was part of the Speed Machines line of cars, and I'd dare to say that those iterations were exceptional. 2015 marked the appearance of the last Hot Wheels 599 GTB, which had nothing extraordinary to show. Some of these collectibles can sell for as much as $140 per item, so you're looking at a minimum expenditure of around $700 for the entire series.
21. Ferrari 599 XX
The fourth release was the most exciting, as it had a ZAMAC base, but the diecast manufacturer still had some surprises. In 2012, the 599 XX reached Super Treasure Hunt status with a Spectraflame Red finish and Real Riders Exotic wheels. The same thing happened in 2015, but this time, the Spectraflame Black vehicle had Real Riders 10-spoke wheels instead.
As expected, the two Super Treasure Hunt models are the most coveted designs. The two cost as much as $800, but you can find them for half that price. Expect the ZAMAC 599 XX to cost an additional $200! Of course, it all depends on whether you want them carded and how big of a budget you're ready to spend to get the entire line-up.
22. Ferrari FXX
The final model appeared in 2013 as part of a 5-pack, and there's something about a blue Ferrari that makes you want one even more. Prices for the Hot Wheels FXX vary between $15 to $180 for carded collectibles, but you can get them even cheaper if you are okay with having the loose version instead. Restoring one to its former glory could be an exciting activity just as well if you have the time, tools, and skills for it.
23. Ferrari LaFerrari
Both are simple, mainline models running on PR5 wheels. The first features a classic Rosso Corsa finish, while the second and last came with an Argento Nurburgring paint job. Despite their basic-level status, you'll still have to spend at least $50 for both items, given the short supply. Avoid falling into any scalper trap by paying four times that value to add them to your collection. It's not worth it!
24. Ferrari F50 Challenge
But four Ferrari Racer variations from 2007 and 2008 featured a black, white, or red finish. The casting appeared in the Speed Machines series in 2011 and 2013, but most fans will be equally excited about the 2011 mainline version in blue. You will rarely see the F50 Challenge selling for more than $100, which sounds quite promising, considering what we've seen so far on this list.
25. Ferrari F512M
If you ever hold one of these items in your hand, you'll notice the extra weight due to the metal base. The Ferrari Racer iterations of 2007 and 2008 were fantastic, and I like the Satin Blue finish on the first one in the series. Mattel only built 1,500 units of the Nurnberg Toy Fair exclusive 512M, so that's undoubtedly one model to watch.
It all ended with a bang, as the last variation of this casting paid tribute to Miami Vice, featuring a white paint job and Real Riders Exotic wheels. Some eBay sellers have asked $1,200 for a single F512M, but I suspect $100 to $150 should be enough for any given variation on the market. It all comes down to your budget and negotiation skills, I guess.
QuestionsIn conclusion, I'd like to answer some commonly asked questions, and I hope my answers will guide you through your Hot Wheels journey.
How do I know if my Hot Wheels are valuable?
Many online resources can help answer that question thanks to the World Wide Web. You can get in touch with more experienced collectors, check various online markets, or even ask Mattel if you have an exceptional car on your hands. But some common threads you should follow are the Super Treasure Hunt symbols, Red Line Club exclusive markings, Real Riders wheels, and strange casting errors. Also, the most valuable Hot Wheels cars are kept carded, and the card itself should be in pristine condition if you're going to get a good value out of it.
Has Hot Wheels made every car?
Despite being around for decades, Mattel has yet to be able to make a replica of every car in existence. At the rate we're going, the company will probably never reach that level, but it's not likely on their agenda either. But there's a good chance they've created at least one 1/64th scale model of the most iconic cars ever made by humanity.
What is the most valuable Hot Wheels car?
It is commonly agreed that the most valuable Hot Wheels ever is the Beach Bomb- a 1969 Volkswagen worth as much as a brand-new Porsche automobile. Several Ferraris on this list are probably worth around $1,000 or more, but that's still far more accessible by comparison.