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Most stolen luxury cars
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Approximately 800,000 motor vehicles were stolen in the United States in 2009, the most recent year for which the FBI provides statistics. That represents a loss of $5.2 billion nationwide.
The Toyota Camry was stolen more than any other make, possibly because there were so many to be stolen. About 448,000 Camrys were manufactured in 2009, and of those, 781 were stolen, at a rate of 1.74 per thousand cars produced. Luxury cars are produced in much lower runs than standard models, so far fewer units are stolen every year. But they’re attractive to thieves nonetheless.
According to Karl Brauer, CEO of the online car review aggregator TotalCarScore.com, luxury cars are normally stolen for two reasons. “Luxury and premium models, such as those in this list, are typically stolen by professional car thieves for export, where they can fetch a premium over their domestic value,” he said in an e-mail. “If they're not exported, then many are parted-out for sale on the black market.”
So what defines a luxury car? Three simple criteria, according to Alec Gutierrez, senior market analyst for the automotive information resource Kelley Blue Book. A luxury car is produced by a traditional luxury manufacturer, such as Audi, BMW or Mercedes-Benz; it retails for no less than $45,000; and it offers a smooth ride, even on bumpy roads.
Using data from the National Highway Traffic Safety Administration, CNBC.com assembled a list of the most frequently stolen luxury cars in the U.S. Cars are ranked according to thefts per thousand cars produced. Also included are the insights of Brauer, who gave CNBC.com his take on why the cars on this list present irresistible opportunities for thieves, and represent painful losses to their owners.
Read ahead to see which are the most stolen luxury cars in the U.S., according to the National Highway Traffic Safety Administration.
[Catch Crime Inc. Grand Theft Auto on Thursday, August 9th at 8 pm ET on CNBC.]
8. Volvo V70
Theft rate: 3.01 per thousand
The Volvo V70 is a mid-size station wagon introduced in 1997. Three were stolen in 2009 from its production run of 996 units.
“It's surprising to us the Volvo V70 made the list,” Brauer said. “It's among the lowest scoring models in the luxury wagon segment, but we are mindful that when it comes to Volvos, there is a very loyal customer-base. Not to mention, wagons have a cult-like following. Combining these two elements results in a desirable vehicle for consumers, creating a high enough demand to land this vehicle on the most stolen list.”
7. Audi A8
Theft rate: 3.31 per thousand
Audi has been making the A8 since 1994, and in 1997 it gained prominence as the first mass-produced car with a lightweight aluminum chassis. Of the 1,810 produced in 2009, six were stolen.
“Like the high-performance Audi S8, Audi's A8 offers an excellent blend of luxury and performance (albeit to a lesser degree than the S8) at a great value all while providing all-wheel drive as standard-issue,” Brauer said. “So it's no wonder the A8 joins the S8 in making the cut for professional car thieves.”
6. Mercedes-Benz CL-Class
Theft rate: 3.91 per thousand
Mercedes-Benz’s status as a luxury brand is undisputed. The German manufacturer has been making top-of-the-line automobiles since 1926, including the CL-Class luxury coupe. Only 1,278 of these were made in 2009, and of those, five were stolen.
“The Mercedes-Benz CL-Class is a stylish luxury coupe that has many appealing features, including a powerful standard V-8 engine and very powerful V-12 option,” Brauer said. “The CL is surprisingly nimble given its size and weight. Its large size coupled with appealing styling makes a statement whether rolling down the street or parked curbside, making the CL desired by consumers and car thieves alike.”
