LEGO 5279 Steering Elements, Plates and Gear Racks is a vintage Service Packs set from 1993 valued at $7 for new and sealed sets, up 78% from an original retail price of $3.99. Annual appreciation has averaged 3.17% since release. On the used market, values range from $5 to $7 based on condition.
LEGO 5279-1 Steering Elements, Plates and Gear Racks is a Service Packs Technic set released in 1993, containing 16 pieces. It includes a selection of steering and drivetrain components such as a light gray 1 x 4 gear rack, toothed Technic plates in 1 x 5, 1 x 8, and 1 x 10 lengths, a steering arm with pin and axle interfaces, and black modified 2 x 2 plates with pin hole(s). The assortment was intended to support rack-and-pinion steering and linkage assemblies in Technic models. It is an updated version of the earlier pack 5261 Plates and Gear Racks.
A new and sealed Steering Elements, Plates and Gear Racks is currently valued at around $7, with annual growth of 3.2% that is expected to level off to around 2.1% in the coming year. The average used price is $6 for those in good overall condition. Recent market trends show a period of price correction, with values declining over the past year. Based on current trends, this set could be valued near $7 within the next year.