The most stolen Sport Utility Vehicle (SUV)!
According to The Highway Loss Data Institute, which is part of the Arlington-based Insurance Institute for Highway Safety, calculated theft claim rates for vehicles from the 2007-2009 model years. The data reports thefts per insured vehicles on the road.
The Escalade, which starts at $62,495, has ranked as the most-stolen in six of the last seven reports. A theft claim is filed for one out of every 100 insured Escalades, the group said, and the average insurance payout is $11,934. That compares with an average of $6,883 for all vehicles.
Almost one in every four Escalade theft claims is for $40,000 or more. Escalades are equipped with antitheft ignition immobilizers that prevent them from being started without a special key, but that doesn't prevent some thieves from hauling them away on flatbed trucks,
"Thieves are smart and they are after chrome, horsepower and HEMIs,"
The Institute said the frequency of theft claims for cars and SUVS has been declining since 1998. Pickup thefts also had been on the downswing until 2006, when the Institute noticed an uptick in claims!
Buyer of Escalade be aware!
This is just FYI only!
Thanks.
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