Their goal is to differentiate themselves through the quality of advice, research and service, they provide to each of our customers. In addition, Broad Arrow offers three complementary services under one roof, Auctions, Private Sales and Capital, which are perfectly complemented by the extensive offering of parent company Hagerty (NYSE: HGTY).
SUBSIDIARY OF HAGERTY
In August 2022, Broad Arrow became a subsidiary of Hagerty, the world’s largest provider of specialty insurance for classic cars, which now offers a huge range of other services. These include Hagerty Media, Garage+Social, vehicle valuation and a variety of automotive events. Our customers now benefit from this global presence as well as marketing advantages that no other company in the industry can offer. As part of Hagerty and its network of 2.5 million members worldwide, Broad Arrow has the most extensive customer base in the collector car industry.
BROAD ARROW AUCTIONS
Broad Arrow Auctions conducted three major auctions in four months in its first full year of business in 2022, an unprecedented pace for a company just entering the industry. In its inaugural year of operation, Broad Arrow sold 86.7 million US dollars at auction. The sales rate was 84% and featured 17 world record prices achieved.
BROAD ARROW CAPITAL
In addition, Broad Arrow Capital offers financing solutions for collector cars to wealthy individuals and companies. Especially where traditional banks and credit institutions are not an option due to the age or value of the vehicles.
BROAD ARROW PRIVATE SALES
Broad Arrow Private Sales operating as Collectors Garage is the third division and focuses on the private sale of collector cars. In addition to professional brokerage on behalf of our customers, they also trade in vehicles themselves. You can view the stock in Germany in their showroom in 33415 Verl by appointment. From here, they can sell your vehicle all over the world.
BROAD ARROW GROUP’S CURRENT RANGE
With more than 100 years of combined experience of specialists and decades of collaboration, Broad Arrow offers a new perspective to anyone wishing to sell their collector cars. They also assist customers with collection management and estate planning.
Broad Arrow Group serves clients from all over the world with locations and international teams in the UK, Germany and the USA – including California, New York, Florida and Michigan. Especially for the German-speaking region, Broad Arrow was able to recruit the renowned classic cars expert Bastian Voigt, who has made a name for himself in the area of trading and auctions in recent years.
Their mission is, to become one of the best service providers for car enthusiast worldwide and continue to make new connections that expand their global footprint and enhance their offering to collectors.