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The devices are typically much more valuable to the theft's victim: "it can cost between $1,000 and $3,500 or more to replace a catalytic converter that is stolen, depending on the type of vehicle." [ 5 ] In 2022, catalytic converter thefts cost victims over $382 million.
Motor vehicle theft or car theft (also known as a grand theft auto in the United States) is the criminal act of stealing or attempting to steal a motor vehicle. In 2020, there were 810,400 vehicles reported stolen in the United States, up from 724,872 in 2019. [1] Property losses due to motor vehicle theft in 2020 were estimated at $7.4 billion ...
Motor vehicle theft is the third most common property crime in the United States. ... In 2022, over 85 percent of stolen vehicles were recovered, with 34 percent recovered the same day ...
The Kelley Blue Book automatically rates any salvage vehicle as "poor" and does not value it at all. [12] The value of a vehicle with a salvage title is generally 65-75% lower than the vehicle's estimated value. If the vehicle is rebuilt to a road worthy condition and has passed State inspection, the difference in price is 60-70% of "fair" KBB.
The 18 recovered vehicles included “sedans, luxury sport utility vehicles, pickup trucks and a 2023 Bentley,” and they were bound for countries like Ghana, Libya, Jordan, Turkey and United ...
Grand Theft Motor Vehicle (x6) Grand Theft $100,000 or More (x2) Enzo Prado Oliveira, 18. ... This popular vitamin C serum is on sale for just $10: '60 is the new 40' AOL.
A deterrent to auto theft: If a vehicle is a complete loss due to an accident, its serial number (VIN, Vehicle identification number) and registration documents could still be of potential value to persons dealing in stolen cars. The diminished sale value of a title branded vehicle reduces the profitability of switching the registration and VIN ...
Dec. 13—OLD LYME — A Point O' Woods homeowner says the roughly 70 year-round residents in the cloistered beach community are "sitting ducks" for what he described as a scourge of juvenile car ...
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