Hot Wheels Elite is a subdivision of Hot Wheels owned by Mattel. specializing in highly detailed and superior quality 1:18, 1:24 and 1:43 scale model cars. The Elite models are expensive and are not toys. The Elite models include old American muscle cars, Ferrari, Lamborghini, cars from movies, and a lot more. The models are very expensive but are worth it for the amount of detail and quality in them and Hot wheels Elite are definately a competitor with AUTOart.