Formula I Racer #5540 — LEGO Model Team Set Value
LEGO Model TeamWhat the Formula I Racer #5540 LEGO set is worth — loose, complete, and sealed.
Formula I Racer #5540 value — Loose $32 · Complete (CIB) $168 · Sealed (new) $293. Prices updated August 2026.
Theme · LEGO Model Team
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Complete-in-box price history
Monthly CIB value, based on sold comps.
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Item details
- UPC / EAN
- 0004288405540
- Brand
- LEGO
- Theme
- LEGO Model Team
- Set number
- #5540
- Release date
- January 1, 1986
Formula I Racer #5540 (LEGO Model Team) resale value
A loose Formula I Racer #5540 set runs around $32, a complete copy (all pieces + box + instructions) about $168, and a factory-sealed box commands $293.
What drives the price
Retired sets, completeness (every piece + minifigs + instructions + box), and sealed condition drive LEGO value. Exclusive sets and discontinued themes appreciate the most; minifigs alone can carry significant value.
Price guide
What this actually trades for — sold values by condition vs. what sellers are asking today
| Condition | Value | Based on |
|---|---|---|
| Loose | $32 | eBay sold comps |
| Complete (CIB) | $168 | eBay sold comps |
| Sealed (new) | $293 | eBay sold comps |
Frequently asked questions
- What is the best deal for buying this LEGO set?
- The best value depends on your needs; loose is $33, but sealed new is $293.
- How much is the complete, used version of the racer?
- The Complete (CIB) version of the Formula I Racer #5540 is listed for $125.
- Is the sealed version worth the higher price tag?
- Yes, the sealed, new version is available for $293, offering a pristine collectible condition.