There are some decent RC cars in the £100-£200 price range. Usually the brushed models are around £100, then the same model in brushless version is £200. The problem is they aren't readily available from a local toy store and you need a little knowledge of the technology to understand what you are buying.Now you have the little-kid ranges, then a *few* slightly better models, then it's into the expensive adult hobby side of things. It seems to be the £60-120 segment that has thinned out.
I've got a couple of new RC cars coming tomorrow ; one for my 8 year old and another for me - pics to follow