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RAC car thefts 2009

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RAC car theft data for 2008/9 is interesting for the relatively low overall value of the car theft  problem compared to say motor vehicle accidents caused by crime-related or other issues leading to road deaths or accident damage.

 

According to the RAC, in Australia five cars most stolen in Australia have a total theft of 4524 cars.

Top 5 short-term theft targets, 2008/9

Model/series/year range Number of thefts % Recovered
Commodore VN (1988-1991) 1,718 86.5
Excel X3 (1994-2000) 1,097 86.7
Commodore VP (1991-1993) 719 87.1
Tarago YR22 (1985-1990) 513 85.4
Laser KE (1987-1994) 477 88.5

For more details see,

http://rac.com.au/About-Us/RAC-eNews/November-09/Top-5-cars-targeted-for-short-term-theft.aspx?cmpid=enewsnov09&cmptp=enews&cmppt=&cmpag=&cmpprv=vmail

Analysis

The average value of the cars below would be expected to be around $10,000. This gives a cost of total loss for this group of 5 vehicles of around $45m. Over 85% were recovered so the cost is much less. In comparison, 2008 road death figures were 1464 deaths at average cost $1.5m/death = ~$2.1Bn.