Editing Model car (section)

===Licensing===
The collectors' market also led to licensing aspects not known until the 1980s. In the 1950s and 1960s, models were produced spontaneously without licensing agreements, and real auto manufacturers saw it as free advertising.{{sfn|Clor|1990}}{{page needed|date=April 2021}} Today, model companies have licensing arrangements with real car manufacturers to make replicas of their products, whether they be concepts, cars in current production, or models no longer produced.

Licenses appear on models where model car manufacturers enter similar licensing agreements. Licenses are expensive, which enhances the position of mass producers of model cars, while smaller companies have been marginalized and forced out of business.{{sfn|Clor|1990}}{{page needed|date=April 2021}} For example, when [[Ferrari]] entered into an exclusive agreement with Mattel's Hot Wheels, companies like Solido and [[Bburago]] felt the crunch, and Bburago went out of business (though the name was eventually reacquired by Maisto).