Not So Grand Auto Thefts
A car is stolen every 40 seconds in the United States.
There were an estimated 794,616 motor vehicle thefts nationwide in 2009, accounting for a total loss of $5.2 billion.
If a consumer with a new auto loan has their car stolen, or gets into an accident, insurance companies will pay for the current market value of the car, but not what a borrower owes a lender. If a driver prepared ahead of time and purchased GAP insurance, that would cover the difference in between the two numbers.
Not all consumers have this coverage though and it can make a big impact, especially for those who drive one of the top five stolen vehicles, as revealed below.
But fortunately, not every auto heist is well-planned either.
Loans.org compiled a top five list of our most entertaining auto heists, ranging from small-town crimes to large multi-million dollar operations.
If you would like to share this Infographic with your friends, family or readers, please feel free to copy and paste the embed code found below.
There were an estimated 794,616 motor vehicle thefts nationwide in 2009, accounting for a total loss of $5.2 billion.
If a consumer with a new auto loan has their car stolen, or gets into an accident, insurance companies will pay for the current market value of the car, but not what a borrower owes a lender. If a driver prepared ahead of time and purchased GAP insurance, that would cover the difference in between the two numbers.
Not all consumers have this coverage though and it can make a big impact, especially for those who drive one of the top five stolen vehicles, as revealed below.
But fortunately, not every auto heist is well-planned either.
Loans.org compiled a top five list of our most entertaining auto heists, ranging from small-town crimes to large multi-million dollar operations.
If you would like to share this Infographic with your friends, family or readers, please feel free to copy and paste the embed code found below.







