can’t believe that the only vehicle less than 10 years old is the 2000 Honda Civic, the rest are over ten years old. Also, these are supposedly 2003 figures. What happened to 2004? today is 02/28/2005. I think we can use some current news.
Wouldn’t a 1999 Camry have some sort of anti-theft device? Did it have a chip key? I know its getting harder to steal newer cars thanks to the theft-deterrent systems that come factory standard. My car has a chip key, but I also installed an alarm to protect the stereo and personal property. The only annoyance is that the alarm can go off at 2AM, if its outdoors and the neighbor’s cat jumps on the car…
Have you ever priced a 19 year old Olds Cutless? You can expect to pay 30K plus for a restored 442. The fenders, doors, dashes, hoods, front ends are worth a lot more than the car itself. Before becoming an agent I spent several years as an adjuster in Philly. Some of the body shops would not even wait until I left to oder panels, by color. Sure as God made green apples within a week, a same model car would be stolen. Guess what? When it was recovered it was only missing certian parts. In a way the insurance industry paid twice for one claim.
Joe CA nailed one of the prime reasons these older cars get stolen — parts. A couple of years ago my 1989 Chevy Caprice was stolen; incidentally, it was the first year that car wasn’t on the top 10 list. The police found it a week or three later in a field with a few other cars, all of them completely stripped down for parts. They even took the oil-stained floor mats and the lock out of the trunk.
Moving a hot car can be risky. Moving hot parts, however, seems to be darn easy without VIN-etching. Most of these older cars will not have any VIN-etching at all, and their parts will be hard to come by cheaply… unless you “make your own” used parts by stealing them.
And as for this using the 2003 data — it seems pretty standard for auto insurance-related news to run a year behind. This is certainly true for accident data. They say it’s the latest year for which complete info is available, and even in this age of digital databases, I’ll believe them.
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can’t believe that the only vehicle less than 10 years old is the 2000 Honda Civic, the rest are over ten years old. Also, these are supposedly 2003 figures. What happened to 2004? today is 02/28/2005. I think we can use some current news.
This a typo? Should not this be 1998 or 1999?
Wouldn’t a 1999 Camry have some sort of anti-theft device? Did it have a chip key? I know its getting harder to steal newer cars thanks to the theft-deterrent systems that come factory standard. My car has a chip key, but I also installed an alarm to protect the stereo and personal property. The only annoyance is that the alarm can go off at 2AM, if its outdoors and the neighbor’s cat jumps on the car…
The 10th most stolen car in the U.S. is a 19 year old Oldsmobile rust bucket?
Have you ever priced a 19 year old Olds Cutless? You can expect to pay 30K plus for a restored 442. The fenders, doors, dashes, hoods, front ends are worth a lot more than the car itself. Before becoming an agent I spent several years as an adjuster in Philly. Some of the body shops would not even wait until I left to oder panels, by color. Sure as God made green apples within a week, a same model car would be stolen. Guess what? When it was recovered it was only missing certian parts. In a way the insurance industry paid twice for one claim.
Joe CA nailed one of the prime reasons these older cars get stolen — parts. A couple of years ago my 1989 Chevy Caprice was stolen; incidentally, it was the first year that car wasn’t on the top 10 list. The police found it a week or three later in a field with a few other cars, all of them completely stripped down for parts. They even took the oil-stained floor mats and the lock out of the trunk.
Moving a hot car can be risky. Moving hot parts, however, seems to be darn easy without VIN-etching. Most of these older cars will not have any VIN-etching at all, and their parts will be hard to come by cheaply… unless you “make your own” used parts by stealing them.
And as for this using the 2003 data — it seems pretty standard for auto insurance-related news to run a year behind. This is certainly true for accident data. They say it’s the latest year for which complete info is available, and even in this age of digital databases, I’ll believe them.