Protect your business with solutions that boost your confidence.
Protect your business with solutions that boost your confidence.
Our Collectibles Insurance product is built for the business of luxury and collectibles—protecting the assets, the ecosystem, and everything that comes with it.
The surge is driven by a confluence of rarity, historical performance, and lifestyle alignment. The McLaren F1 — of which only 106 were ever produced — now regularly fetches $21 million or more at auction, surpassing previous highs set by Ferrari and Bugatti.
“Every F1 is spoken for — often before it hits the floor,” noted James Knight, Deputy Chairman at Bonhams, in a recent interview. “There’s a global waiting list of collectors ready to pounce.”
WAX Collect data reflects this momentum. Over the past year, we’ve seen a 34% increase in digital inventory uploads of collectible vehicles, and a 22% spike in insurance policy requests tied specifically to McLaren and Ferrari models. Many of these come from new clients who are managing multimillion-dollar garages and using WAX to centralize documentation and coverage.
One Vaulted Voice, a longtime client based in California, shared: “I bought a McLaren for passion — now it’s part of my estate plan.”
The demographic is shifting too. While traditional collectors remain active, a new generation of wealth — including tech founders and crypto investors — are entering the supercar space. They're seeking experiences and scarcity, not just horsepower.
As vehicle values climb, so do expectations around protection and presentation. More collectors are opting for climate-controlled storage, professional detailing, and collection-grade insurance. This has fueled partnerships between WAX and high-end garage networks, helping to bridge the gap between passion and risk management.
Industry experts point to the relative illiquidity of supercars compared to art or watches, but acknowledge their powerful role in identity-driven collecting. According to Knight Frank’s 2025 Wealth Report, 41% of UHNWIs now own at least one collectible vehicle — up from 28% just three years ago.
“Supercars are emotional assets,” said Rebecca Fine, CEO of Yieldstreet’s art and auto lending division. “But they’re increasingly seen as wealth markers with measurable upside.”
At WAX Collect, our clients are pairing vehicle records, appraisals, and insurance documents in a centralized vault — often alongside watches, artwork, and even wine. As collectibles diversify, so does the infrastructure to manage them.
For collectors with an eye on the road and the return, McLarens — and the platforms that support them — continue to prove their worth.
The surge is driven by a confluence of rarity, historical performance, and lifestyle alignment. The McLaren F1 — of which only 106 were ever produced — now regularly fetches $21 million or more at auction, surpassing previous highs set by Ferrari and Bugatti.
“Every F1 is spoken for — often before it hits the floor,” noted James Knight, Deputy Chairman at Bonhams, in a recent interview. “There’s a global waiting list of collectors ready to pounce.”
WAX Collect data reflects this momentum. Over the past year, we’ve seen a 34% increase in digital inventory uploads of collectible vehicles, and a 22% spike in insurance policy requests tied specifically to McLaren and Ferrari models. Many of these come from new clients who are managing multimillion-dollar garages and using WAX to centralize documentation and coverage.
One Vaulted Voice, a longtime client based in California, shared: “I bought a McLaren for passion — now it’s part of my estate plan.”
The demographic is shifting too. While traditional collectors remain active, a new generation of wealth — including tech founders and crypto investors — are entering the supercar space. They're seeking experiences and scarcity, not just horsepower.
As vehicle values climb, so do expectations around protection and presentation. More collectors are opting for climate-controlled storage, professional detailing, and collection-grade insurance. This has fueled partnerships between WAX and high-end garage networks, helping to bridge the gap between passion and risk management.
Industry experts point to the relative illiquidity of supercars compared to art or watches, but acknowledge their powerful role in identity-driven collecting. According to Knight Frank’s 2025 Wealth Report, 41% of UHNWIs now own at least one collectible vehicle — up from 28% just three years ago.
“Supercars are emotional assets,” said Rebecca Fine, CEO of Yieldstreet’s art and auto lending division. “But they’re increasingly seen as wealth markers with measurable upside.”
At WAX Collect, our clients are pairing vehicle records, appraisals, and insurance documents in a centralized vault — often alongside watches, artwork, and even wine. As collectibles diversify, so does the infrastructure to manage them.
For collectors with an eye on the road and the return, McLarens — and the platforms that support them — continue to prove their worth.
The surge is driven by a confluence of rarity, historical performance, and lifestyle alignment. The McLaren F1 — of which only 106 were ever produced — now regularly fetches $21 million or more at auction, surpassing previous highs set by Ferrari and Bugatti.
“Every F1 is spoken for — often before it hits the floor,” noted James Knight, Deputy Chairman at Bonhams, in a recent interview. “There’s a global waiting list of collectors ready to pounce.”
WAX Collect data reflects this momentum. Over the past year, we’ve seen a 34% increase in digital inventory uploads of collectible vehicles, and a 22% spike in insurance policy requests tied specifically to McLaren and Ferrari models. Many of these come from new clients who are managing multimillion-dollar garages and using WAX to centralize documentation and coverage.
One Vaulted Voice, a longtime client based in California, shared: “I bought a McLaren for passion — now it’s part of my estate plan.”
The demographic is shifting too. While traditional collectors remain active, a new generation of wealth — including tech founders and crypto investors — are entering the supercar space. They're seeking experiences and scarcity, not just horsepower.
As vehicle values climb, so do expectations around protection and presentation. More collectors are opting for climate-controlled storage, professional detailing, and collection-grade insurance. This has fueled partnerships between WAX and high-end garage networks, helping to bridge the gap between passion and risk management.
Industry experts point to the relative illiquidity of supercars compared to art or watches, but acknowledge their powerful role in identity-driven collecting. According to Knight Frank’s 2025 Wealth Report, 41% of UHNWIs now own at least one collectible vehicle — up from 28% just three years ago.
“Supercars are emotional assets,” said Rebecca Fine, CEO of Yieldstreet’s art and auto lending division. “But they’re increasingly seen as wealth markers with measurable upside.”
At WAX Collect, our clients are pairing vehicle records, appraisals, and insurance documents in a centralized vault — often alongside watches, artwork, and even wine. As collectibles diversify, so does the infrastructure to manage them.
For collectors with an eye on the road and the return, McLarens — and the platforms that support them — continue to prove their worth.
