The Real Cost of Auto Theft

THE REAL CO$TOF CAR THEFT Auto theft is one of the most common crimes in the U.S., and if it happens to you, the hidden costs can easily break the bank. With thieves becoming more brazen every day, your best defense is a high-tech recovery device that gets your car back quickly and with less damage. A speedy recovery makes a huge difference in cost and convenience, and helps police nab the criminals. Cold Hard Facts $4.3 bil More than 700,000 vehicles stolen each year Car-theft rates up for the first time in 8 years NATIONWIDE LOSSES 12 $31,377 one stolen every 44 seconds 9. AVERAGE NEW CAR “Plain Jane" models are easy targets for thieves who chop them up for parts Police make an arrest in only 11% of car thefts 52% Newer vehicles are being stolen by thieves who defeat key codes 1-2 3-4 5-6 ARE RECOVERED All Of The Unexpected Costs Of Theft 3500 $500 Insurance $2000 $1000 Tow fees $200 Time off work Insurance deductible Loan bạlance owed on vehicle $1000 Gap between insurance pay-out and cost of replacement car Car rental per month Replacement license plates $20 $500 $2500 MD 1227 Repairing minor damage Repairing major damāge $500 Total Possessions in car $8220+ What Steps Can Car Owners Take? POLICE DEPARTMENT The best measure is to install a GPS-based tracking device that locates a car immediately before it's chopped up for parts, damaged or resold. These devices tell police the car's exact location, so nearly all are recovered within the first 24 hours. The vechile is then returned to its owner. They can often help nab the thieves too, putting away the criminal before they commit more crimes. Sky LİNK SOURCES www.nhtsa.gov www.fbi.gov www.nicb.org www.kbb.com by Inilex www.inilex.com