Diecast Cars: Do they Increase in Value?
Many people wonder if diecast models are a good investment. This is because you can hear from other people that these collectibles get a higher price the longer the time goes. I’ve had some research and found out interesting things about diecast models. So in this article, I will discuss if diecast cars increase in value.
Diecast models increase in value and are very good collectibles because not only they are made from durable materials, but they also become limited editions in time. Limited edition cars get rare with time and collectors are always looking to buy them.
This means that diecast models can be a good source of investment. But do not try buying everything as investing because there are some things to take note of. In this article, we will dive into why they are good investments.
Do diecast cars increase in value?
Diecast model cars increase in value especially if they are made with quality, accuracy, and durability. This is because diecast models are made from metals which makes them last longer. The longer the time goes, the rarer they become and generally more expensive.
This is especially true of the limited edition models which are excellent investments.
You’ll easily find a diecast car that you love and you should take care of it for a long time. There also are current edition models, which may be an excellent investment as their value will appreciate over time.
Collecting toy cars is also a time-honored hobby for adults. Some collect cars because they’re automotive enthusiasts with interest during a particular model of car or era of car design.
While others find that collecting cars may be fun thanks to reconnecting with their childhood.
In some ways, diecast car models are symbols of their time. The way childhood comes with their time.
For that reason, there are people who are looking for diecast models especially the old and rare ones.
My tip is to find something that is in mint condition. Diecast model cars in mint condition are really good investments since their price usually goes down once opened from the box.
Furthermore, the price of a diecast model increase with their moving parts. But you need to worry about this because the more parts it has, the easier it can break.
The good thing is diecast models are made from metals, which makes it harder to break. But you need to take care of them.
Are diecast cars a Good Investment?
Diecast cars are a good investment if you know the models and you know how to take care of the model. This is because changes in the paint color or breaking little parts will make the item harder to sell. Going to invest in it without any prior knowledge is a bad idea.
The increasing trend of designer-type models as collectible items is one of the key factors driving the worldwide diecast toys market.
Many people are looking for these models because most of them are limited in design.
The growing interest in collectible items worldwide is anticipated to be more each coming year worldwide as the demand for diecast toys increases as time goes.
Another is that the increasing popularity of automobiles has led to the need for miniature car models. Currently, cars are almost everywhere so, their popularity will continue to increase.
That is why diecast cars are currently a good investment. Their trend will only go upward.
But take note that it is a terrible idea to invest in something that you do not know about. This is especially true for everything including diecast models.
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If you want to know the skills you need to learn, the most important is you should know how to polish, clean, and even paint the models. With these, you can future proof the cars so their value will continue to increase.
Do diecast cars increase in value?
Diecast cars increase in value through time. The reason for this is that there are limited edition diecast cars that become rare over time. Furthermore, the market for diecast models has been increasing throughout the years making its demand higher.
The popularity of diecast toys, especially vintage car models as well as models of limited-edition cars, has increased over the past couple of years by a lot, making them highly valuable for collectors.
Furthermore, the resale value of collectible diecast scale models is widely anticipated to further increase. Through the years, expect an increase in demand.
With the increasing purchasing power of people, the need for diecast toys is expected to rise tremendously.
Europe and North America have strong growth potential for the marketplace for diecast toys. This is because it has the most leading manufacturers are concentrated in these regions. Countries like the U.S., Germany, and the U.K. witness an excessive number of collectors of diecast toys.
The Asia Pacific is also one of the promising markets for diecast toys.
The increasing number of people that purchase model cars in the region is boosting the market. Additionally, the rising popularity of automobiles is expected to increase the market in the Asia Pacific within the near future.
The value of diecast cars depends on several things. Rarity and condition are of the foremost importance.
A rare, older model in perfect condition, with original packaging, preferably unopened or perfectly returned to its box, would be the best one you can buy for value.
This is because you don’t need to do something because it is in mint condition.
But you can also buy an opened one, you just have to take note of how to take care of your diecast model. Remember that diecast models with broken parts will lose their value.
Older cars and the ones with popular drivers with high amounts of detail are often quite valuable too.
Quite honestly, even the children’s toy-grade promos you get from large stores that are worth a couple of bucks at the foremost also become expensive over time.
This is because models will have a year in them. And the older the model you have, the more expensive it gets.
But actually, I did an experiment where I computer the average price of a diecast model scale relative to its price per ounce.
The result is very interesting that I want it to be in this article.
The result is the smaller the model, the more expensive it gets. But let us see the data.
Here are my results:
|Diecast Model Car Scale||Average price per Ounce|
As you can see, the price of the model car the smaller it becomes. This is because one of the key factors in the diecast’s price is their attention to detail.
Another interesting thing is that the most popular scale is actually the 1:64 model. It is usually the one you can see easily in local stores.
In my opinion, the rise of the 1:64 models is because they seem to consume less material but they will produce more income to the manufacturer.
It is just my hunch though, just telling.
But let’s go back to how someone starts to like diecast cars.
It’s actually the eagerness for the car that drives someone to start out admiring and collecting diecast models. Over time your passion becomes a hobby.
With the car model ahead of you, there’s a way of pride and respect for the car that excites someone.
There are many collectors of motorcycles, cars, aircraft, boats, trucks counting on their hobby and keenness.
You’ll become a hobbyist by collecting miniature diecast models or serious collectors searching for very antique, vintage models.
A diehard collector doesn’t check out money or price. It’s secondary. For them, it’s the sheer vintage value and respect for the brand that drives them.
Are diecast cars worth anything?
Diecast cars are worth a lot especially the rare and the old ones. This is because: First is that some models that stopped production are becoming rare day by day. The second is that the diecast model car market is growing larger at a very high rate.
That is the reason why diecast cars are worth a lot. Market and the rarity.
The popularity of diecast models has increased throughout the years making it a good investment to start now while it is still growing.
There are lots of people who become fans and then collectors.
The common thread between collectors that collect the Miniature models of Automobiles is their love for Automobiles. Their fascination, passion, and the will to have the simplest out there eventually manifest into this collection hobby.
This hobby is also an excellent platform to satisfy compatible people.
To give more perspective on the worth of diecast cars, some of the diecast models are pretty detailed, like the one from G.M.P.
This attention to detail is the one that collectors usually find.
They have some highly detailed 5.0 mustang police vehicles like the Georgia state patrol cars from the 1990s, which can bring up memories to enthusiasts of their life way back in the 90s.
Diecast models don’t require the upkeep of an actual car. They also take up tons less room and will fit in the closet except if your collection is extremely large.
Right now, there is also an increasing trend on diecast planes. Just a tip because you can dive into it early.
For now, just take note that it is a good investment. If you have no idea how to take care, then get the mint condition. And if you really want to increase its value, do not open them.
However, there are some who take pictures of their diecast model and sell the pictures. But those are for those who know how to properly take care of their diecast model.
“Only the things I love”
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So, here are the things I love when taking care of my Diecast Models.
Cleaning the Models
The first we are going to talk about is cleaning the models.
- Air Brush – For me, this is the best since it not just removes dust but you can use it in painting/clear coating.
- Air Duster – This is a good alternative to Airbrush
- Normal Brush – If you are short on budget, you can use a normal brush. However, make sure that the brush has soft bristles because there are some hard brushes than can cause scratches. That’s why I recommended a good brush that can do the job properly.
Cleaning and Shining Hacks
Well, here are some of my cleaning hacks for removing scratches, oxidation, and so much more.
- Removing Decal Adhesive – Use Goo Gone on those hard-to-remove decal adhesives. It works fast and works like charm!
- Waxing and Polishing – Here is something a lot of people don’t know. Waxing protects the clear coat and paint while polishing shines the model. Instead of buying it separately, use a 2 in 1 to save money. Get this instead.
- Beginner Wax – The wax I recommended earlier is good and provides the best results based on my experience. But a beginner might have a problem especially if they’re not good at applying wax. Solid wax reaching hard to reach surface can be hard to remove. You have two choices here. One is to use a qtips to reach those surfaces, another is to use a liquid wax I recommended.
- Cleaning Wheels, Rubber, Plastic – Do not forget that rubber and plastic surface are quite different, especially in the cleaning process. Just wiping it down won’t do the job. That’s why I use Meguiar’s Vinyl and Rubber Cleaner and Conditioner. Works like charm!
- Make the Wheels Shine! – Making our models look good won’t be complete without tiny details such as shiny wheels! Do not forget this because however small this is, the difference can be as big as night and day.
- Remove Scratches Easily – Tiny scratches are not the end for your model. Here is a simple trick I’ve been using to make my models look scratch-free even without repainting. Use T-Cut.
Painting the Models
Make sure when you paint models, have these ready.
- Tape – A tape is important if you are painting a straight line. Furthermore, it will prevent your paint to scatter on other parts. I recommend Tamiya Tape since it is really made for models. Furthermore, they stick really well preventing paint splatters.
- Brush (Beginner) – Find a good set of brushes to paint your models. Of course, you can opt for an airbrush but it’s quite expensive.
- Airbrush (Intermediate/Expert) – This will yield a significantly better result than an ordinary brush because you can easily spray the paint evenly. I recommend this if you know what you’re doing.
- Stand(Optional) – Stands are good because it can be hard to manually hold the models while painting. It is optional but in my opinion, the price is well worth it for the comfort it gives.
- Drop Cloths – Drop Cloths will protect your surroundings from the paint.
- Primer – The most common beginner mistake I see is painting models without any Primer. A primer will prevent imperfections such as bubbles or paint not sticking to your models. It is a small price to pay for quality results.
- Clear Coat – A clear coat will protect the paint of your models. This will make the paint last longer. Also, it is the one responsible for making your models shine.
Of course, you can’t do painting properly without paint. So here are the ones I recommend.
- Acrylic Paint – Good for beginners because it dries quickly. However, it doesn’t produce results as good as enamel paint.
- Enamel Paint – Provides a good quality finish and longer-lasting paint. However, it takes longer to dry and requires expertise to use.
- Simple Wood Cabinet – While it doesn’t let you display your models, wooden cabinets are good storage for these models. For one, they are not heat conductors which means that the temperature inside will remain constant and remain cool. Furthermore, they prevent light from reaching the models which can cause oxidation.
- Clear Cabinet with Lock – If you want to display your models, then I recommend this. It closes so dust won’t easily get to your models. I also recommend you don’t put more than 1 model in each compartment since metals are good conductors of heat.
So you want to show off your models to others? Well, I got you covered.
Here is my beginner-friendly model photography tutorial that teaches everything from taking pictures to the editing process.
You will also see me doing hands-on photography in that tutorial.
Here is the link: How to Take Pictures of a Diecast Model or Model Kit | Helpful Illustrated and Video Guide