The Newest Collector Cars Skyrocketing in Value Are Made of Lego
The cost of gasoline has affected the way many people interact with their cars and trucks. However, we didn’t expect it to affect collector cars so much. What’s the best way to save money on gas? How about buying a car that doesn’t use any. No, I’m not talking about a Tesla. The newest collector cars skyrocketing in value are Lego car sets.
Are Lego sets a good investment?
Much like the current real car market, the Lego car market is also struggling with production. The Brothers Brick reports that new Lego sets are jumping in price due to raw materials costs. The Drive suggests that the rise in cost could be from Russia’s invasion of Ukraine, causing a massive oil shortage in Europe.
That said, some of the Lego sets are made with renewable bioplastic. However, there aren’t enough of these to keep up with the supply shortage. Lego claims that it ate the added costs (earning record profits in 2021) but was forced to raise prices now by as much as $70 a set, in some cases. To finish the point, The Drive notes that although the price increases aren’t supposed to happen until August, some retailers, like Barnes & Noble, have already posted the new prices.
A list of the Lego car and motorcycle sets and their price increases:
- Lamborghini FKP 37 Sían: $450 ($380)
- Batmobile Tumbler: $270 ($230)
- BMW M 1000 RR: $250 ($230)
- DeLorean Back to the Future Time Machine: $200 ($170)
- Ferrari 488 GTE AF Corse: $200 ($170)
- Porsche 911: $170 ($150)
- Ducati Panigale: $80 ($70)
- Aston Martin Valkyrie AMR Pro and Vantage GT3: $45 ($40)
- Mercedes-AMG One: $35 ($30)
(compiled by The Drive)
What does this mean for Lego car set collectability?
By now, we should all be pretty familiar with this concept. All throughout the pandemic, we have been on a constant merry-Go-Round of consumer Hell. We turned to various products during this homebound period to assuage our boredom, fears, anxieties, and sorrow. What happened was a rush on goods that couldn’t be made quickly enough due to the back and forth with factory closures and other results of COVID.
We saw cars, video game systems, lumber, toilet paper, hand sanitizer, Lysol wipes, baby formula, etc., supply dry up like a damned-up creek bed. What followed was an insanely inflated used market.
If we apply the same logic to the Lego supply issues and price increases, logic says that older or used Lego sets should increase in value as long as demand remind high. While so many car nerds try to speculate about the next batch of collectible cars, Lego versions might be the next winner.
