What To Do After Winning a Collector Car at Auction

You Just Won – Now What?

You just landed the winning bid at Broad Arrow’s Amelia Auction—congratulations! The competition was intense, the room packed with serious collectors, and now one of the most sought-after vehicles on the floor is yours. This year’s event generated more than $61.7 million in total sales, with 88% of lots sold, and top vehicles reaching nearly $10 million.

Amelia attracts some of the most discerning buyers in the world—people who understand a high-value vehicle needs immediate protection because once the hammer drops, the clock starts. The next 72 hours are critical, and what you do right now matters, from payment and paperwork to transport and asset tracking.

This guide offers clear, simple tips to walk you through what comes next so your post-auction win stays just as solid as your bid.

Confirm the Sale & Finalize Payment

Once the auction wraps, things move quickly behind the scenes. Auction staff will walk you through finalizing the sale, which typically includes submitting full payment within 24 to 72 hours. You’ll also be responsible for a buyer’s premium—usually around 10% to 12% of the hammer price.

This is when you start building your digital asset record, so don’t treat this as just a financial transaction. Keep copies of everything, including:

• Payment confirmation
• Bill of sale
• Vehicle Identification Number (VIN) paperwork
• Appraisal
• Any provenance documentation

These documents will become key components of your asset monitoring service’s setup.

If you haven’t already, this is the ideal time to begin cataloging assets for insurance. Upload your documents into the ASSURIoT app, which will securely store these easily accessible documents if you ever need to file a claim, sell the vehicle, or verify ownership.

What you do in these early hours makes life easier later—especially regarding insurance, resale, or even estate planning.

Verify Insurance Coverage

Before your new vehicle moves an inch, make sure your insurance coverage is in place. Contact your provider as soon as payment is confirmed and ask when the policy will activate. Coverage is not always automatic—and depending on the value of the car, the insurer may require additional documentation or steps.

This is also when having a digital asset record works in your favor. Uploading your bill of sale, appraisal, and VIN into the ASSURIoT app ensures you have everything on hand if proof of ownership or condition is needed. Some insurance providers offer lower premiums or faster claims processing for assets that are actively monitored and properly documented—ASSURIoT gives you both.

Arrange Safe Transport for Your Vehicle

Now that the vehicle is yours, it’s your job to get it home safely. Most buyers opt for a reputable enclosed transport service—especially when dealing with high-value vehicles that need protection from weather, debris, and public exposure. While auction staff may offer vendor recommendations, don’t rely on them blindly. Do your own research and confirm the carrier’s insurance, handling procedures, and timeline.

Avoid multiple handoffs whenever possible. Every transfer point increases the risk of damage, delay, or confusion about custody. You want a controlled, traceable journey from the moment it leaves the auction floor to the second it arrives in your garage.

Broad Arrow’s Amelia Auction saw a 22% increase in bidder participation this year—meaning more vehicles on the move, more trucks on the road, and more chances for something to go sideways. Protecting your investment during this handoff phase is one of the most overlooked parts of high-value asset management.

Install a Tracker Before It Leaves the Lot

Before your vehicle gets loaded for transport, it’s time to protect it. Install your ASSURIoT device on-site so you can begin monitoring the moment it leaves the property. ASSURIoT’s cutting-edge IoT tracker is compact, secure, and engineered for near real-time visibility during high-risk transitions like this.

With GPS, cellular, Wi-Fi, Bluetooth, and NFC connectivity—and a battery that lasts up to four years—you’ll know exactly where your investment is at every step of its journey. Whether it’s going across the state or across the country, the vehicle’s location and movement are logged through your ASSURIoT app.

With a Ferrari 250 GT selling for more than $9 million at this year’s Amelia event, peace of mind doesn’t come from hoping—it comes from knowing. This is why serious collectors turn to IoT tracking devices designed for asset security.

Set Up Your Digital Asset Record

Once your vehicle is on the move or safely home, it’s time to build out your digital asset record. While you may have already gathered documentation during the payment stage, this step is about organizing everything in one centralized, secure platform for long-term use.

Use the ASSURIoT app to log key details like:

• Photos of the car
• VIN and title information
• Appraisals and insurance documents
• Provenance or collector notes

This step isn’t just about file storage—it’s about asset validation.

Your digital record creates a verified, time-stamped history that’s useful for resale, estate planning, or insurance claims. Whether you own one classic or an entire fleet, building this foundation now can make future decisions much easier. It’s the foundation of responsible asset monitoring.

Get It Home, Get It Logged, Get It Protected

Once the vehicle arrives, your work isn’t done. Open the ASSURIoT app and update the car’s current location. If it's going into long-term storage, a private garage, or a display facility, assure that location is tagged and logged. Then set up geofencing, motion alerts, and any custom rules you want the system to monitor.

This isn’t just about tracking a car—it’s about managing a long-term asset. You're building security, documentation, and historical continuity all in one platform. That’s the difference between simply owning a vehicle and actively managing a piece of your collection.

Welcome to the Collector Community

You didn’t just buy a car—you made a serious investment. Whether this is your first acquisition or the latest in a growing collection, how you manage and protect it from day 1 sets the tone for everything that follows.

With ASSURIoT, you're managing long-term value. It’s a full-service solution for collectors who take their role seriously—from overseeing transit and storage to cataloging documents and insurance.

ASSURIoT’s monitoring, tracking, and recovery capabilities help protect what matters most—so your next big win is one you never have to worry about.