That's Die-Cast - with emphasis on DIE!
This 1963 Cadillac Hearse was first released in black (naturally) and has been released a couple times since. The second release is this pearl white number, and I believe you may be able to find a grey version on the pegs now - if you're lucky.
They tend to be very popular and sell quickly.
The detail is beautiful, and it's quite a surprising selection for a toy car.
Then again, what kid isn't a fan of the macabre in some form or another?
This is what I call going out in style!
There's also a fun little bonus, if you have really good eyes that is - on the inside is a coffin with a hand reaching out of the lid!
As if the Hearse wasn't cool enough!
