Color scheme, while not perfect, is not an abomination either. Himself - Primarily red and black with blue and grey accents.
Wheels are plastic, sadly.
Quite realistic looking in vehicle form, headlights light up yellow. Transformation is pretty simplistic. The one neat aspect is the way his head is hidden in his abdomen and can flip up. Primary color in robot mode is grey with black, blue and red accents. Still has his name on his chest.