One thing to consider when purchasing a new vehicle is the likelihood of having it stolen. Where you live and whether or not you lock your vehicle and have an alarm system certainly factor into auto theft, but statistics show that certain vehicles are more likely than others to end up in the hands of thieves.
According to an article on NBC News’s website, if your vehicle was manufactured by General Motors, it’s more likely to become a crime statistic. In fact, GM garnered eight spots in the Highway Loss Data Institute’s (HLDI) Top 10 List of auto thefts.
The HLDI survey shows that thieves are targeting pickup trucks more than ever during the period between 2010 and 2012. The Ford F-250 takes the prize when it comes to the most frequently stolen vehicle in the U.S. The frequency of insurance claims for thefts of F-250s was almost six times higher than that of all vehicles sold in the U.S., totaling seven per 1,000 vehicles per year. Loss payments for the F-250 came in at an average of $7,060, topped only by the F-350 at $7,517.
Second place on the Top 10 List was garnered by the Chevrolet GMC Sierra 1500 crew cab, followed by the Chevrolet Avalanche 1500 and the Chevy Silverado 1500. The Cadillac Escalade, which has taken the top slot on the most stolen list for the past ten years, dropped to number six. This is happy news for GM, as they were bothered by the theft rate of the pricey SUVs, so much so that they significantly beefed-up the anti-theft measures in the vehicles.
Highway Loss Data Institute’s vice-president Matt Moore said, “General Motors has put a lot of effort into new anti-theft technology, so that may help explain the decline in the Escalade’s theft rate. On the other hand, sales of the Escalade have fallen in recent years, so there may be less of a market for stolen Escalades or Escalade parts.” GM has plans to include the upgraded anti-theft technology into versions of the 2014 models of the Chevy Silverado and GMC Sierra pickups. Ford is also increasing their anti-theft technologies in new vehicles.
Other vehicles on the Top 10 List include the Chevrolet Suburban 1500, the GMC Sierra 1500, extended cab, the GMC Yukon and the Chevrolet Tahoe.
If you’re wondering about the vehicles that are least popular with auto thieves, they include the Dodge Journey 4WD, the Volkswagen Tiguan 4WD, the Audi A4 sedan, the Acura RDX and the Toyota Matrix. The statistics on these vehicles show that they rate at 0.4 thefts per 1,000.What makes one model of automobile a more popular target for thieves than another? Top selling vehicles that are the easiest for criminals to cash out on, either whole or in parts, are the ones that get stolen most often. Lower on the theft list are unpopular vehicles that have less after-theft market value, or those with extremely effective anti-theft devices. Despite technological advances in anti-theft devices, such as auto immobilizers that prevent hot-wiring, auto thefts in the U.S. have increased by 1.3% in 2012. California is the state with the highest incidence of vehicle thievery, so if you live in the Golden State, you should take extra measures to safeguard your ride.
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