What’s also changed is recovery rates. On older cars , recovery rates hover near 80 per cent; the recovery average for the newer, high-end models? Not even 20 per cent. And, keep in mind, that is on vehicles that are far more expensive than those being stolen years ago. Your 2021 Range Rover has just a 15-per-cent chance of being recovered.
The cost to the insurance industry – and those of us who buy insurance – is staggering. And one of the biggest boons to customer convenience, the remote key fob, has proven to be a huge Achilles’ heel for car owners. All those remote entry systems that manufacturers are so enthralled with mean there is little stopping someone from grabbing your newer vehicle in an instant. Using a relay to boost the signal between your key fob and your car seems almost quaint, thoughThis advertisement has not loaded yet, but your article continues below.
But! There is a huge shift buried in the data this year. For several years, we’ve watched the Lexus RX draw thieves for its being particularly vulnerable. Breaking down those numbers a little shows that 2020 RXs see an 11 per cent disappearance rate ; the 2019s, 12 per cent. Nothing else comes close to these numbers — except the 2018s, at 8 per cent.
Look at the numbers a different way, though, and you’ll see evidence Lexus is finally taking its weak spot seriously. The newer 2021 RX SUVs register in at a 1 per cent, uh,rate. The model’s gone from having the highest overall chance owning one will mean it will be stolen; down to a one-per-cent chance. It’s proof that manufacturersdo something to prevent thefts. As Gast says, maybe this is one list they don’t want to see themselves at the top of.