Grand Theft Vehicle! Australia’s $500 million dollar heist


What would you do with half a billion dollars? Fly to the moon? Commission a custom A380 Airbus complete with drive-in garage for your Rolls Royce? Buy your own tropical island? Oh things you could buy, the places you could see, the adventures you could have…but what if you lost a cool $500 billion? Yikes.

In the 2012/13 financial year alone, an estimated half a billion dollars’ worth of vehicles were stolen in Australia. Yes, half a billion, with a ‘b’. Some are nicked for a fleeting joy ride, some turned into scrap metal and others are actually exported for a profit!

Certain vehicles are more likely to get stolen than others and you’d be surprised which cars are hot commodities with car thieves.  Want to know which ones? HINT: It’s not your boss’s Porsche. A word of warning, if you’re a soccer mum or tradie, you might want to watch your wheels. Oh, and farmers should lock up their tractors. In the age old Holden versus Ford debate, let’s just say we’ve got the definitive answer on which brand wins in the car thievery stakes.

If you’re worried about your car being stolen, you could move to the ACT or, if you’d rather not live in Australia’s political centre, invest in some comprehensive car insurance, that way, if your car is stolen, its recovery or replacement can be covered. Compare a range of comprehensive car insurance policies to make sure you find the right one to suit your lifestyle, needs and budget. And of course always check the Product Disclosure Statement to make sure you know what is and isn’t covered.

Interested in the when, where and what of vehicle theft in Oz? Check out this nifty infographic!




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