Happy Holidays: Highest Vehicle Theft Days Ranked
The National Insurance Crime Bureau released its annual ranking of U.S. holidays on which vehicles are most and least often stolen.
New Year's Day led all U.S. holidays with 2,469 vehicle thefts in 2017, according to the National Insurance Crime Bureau.
Photo by TheDigitalWay via Pixabay
DES PLAINES, Ill. — On an average day in 2017, there were some 2,228 vehicle thefts in the U.S., but on New Year's Day there was a whopping 2,469, according to new data on annual holiday vehicle thefts released by the National Insurance Crime Bureau.
New Year's Day ranked number one for the most holiday thefts in 2017 followed by President's Day with 2,312 reported stolen vehicles, and Halloween with 2,297. Memorial Day (2,290 thefts) and Labor Day (2,180) also ranked among the top five holidays for stolen vehicles.
Christmas Day, Thanksgiving, and Christmas Eve had the lowest number of vehicle thefts of the holidays with 1,548, 1,682, and 1,737 thefts respectively. Auto thieves may have a soft spot for Christmas, as Christmas Day was also the day with the least number of thefts of any day in 2017.
While thieves are clearly undeterred by the majority of holidays, the three days in 2017 with the highest overall number of thefts were the ordinary days of Sept. 1, Feb. 1, and July 17.
The data shows that a total of 22,770 vehicles were stolen on the 11 holidays covered in the report.
The report also evaluated holiday thefts by state. California took the top spot with a whopping 5,142 holiday vehicle thefts in 2017. Texas ranked second with 1,988 holidays thefts. Florida, Washington, and Georgia also made the top five list with 1,396, 819, and 812 holiday vehicle thefts respectively.
While California experienced the most thefts on President’s Day, Texas, Florida, Washington, and Georgia followed the national trend and experienced the most thefts on New Year's Day.
NICB gathered the data for the report from the National Crime Information Center’s stolen vehicle file.
Originally posted on Auto Dealer Today
More Auto Finance
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →