25 Days of Fraud Files: Recovering a Classic

Throughout the month of December, NICB will be focusing on the 25 days of Fraud Facts. These quick videos, involving insurance fraud, are about cases or stats you may not be aware of.

Day 7: Recovering a Classic

To view more episodes of the 25 Days of Fraud Facts click here.

Hot Wheels Classics: Thefts of Dodge Chargers

1971 Dodge Charger Superbee

1971 Dodge Charger Superbee

When Chrysler introduced the Dodge Charger for the 1966 model year, it wasn’t an overwhelming hit with consumers. Its second generation, however, produced for model years 1968 through 1970, did strike a sweet spot with buyers looking for a muscular performer wrapped in a fresh and striking exterior.

Who can forget 1968’s big-screen police drama “Bullitt?” Its riveting car chase with Steve McQueen piloting his 1968 Ford Mustang GT (debut HW Classics car) through San Francisco’s asphalt mountains pursuing mob hit men driving a black, 1968 Dodge Charger R/T set the standard.

1968 Dodge Charger

1968 Dodge Charger

Chargers went through five design generations from 1968 through 1987 before production ceased. After a 19-year hiatus, the Charger re-appeared for the 2006 model year. This sixth generation version includes the Dodge Charger Pursuit for law enforcement applications. Which sets up an interesting possibility—a Charger Pursuit pursuing a stolen Charger.

As NICB’s new report shows, the sixth-generation Charger is the clear favorite among car thieves as well.

NICB reviewed Charger theft data from 1981-2014 and identified 44,453 theft records. Although theft data from 1966 is available, confidence in pre-1981 theft records is low due to the inconsistency in reporting protocols and vehicle identification number (VIN) systems in use prior to 1981. When the National Highway Traffic Safety Administration mandated standardized VINs beginning with the 1981 model year, that year became the benchmark for reliable data used in all Hot Wheels Classics reports.

The top five years for Charger thefts were 2014 (3,495 thefts), 2011 (2,967), 2010 (2,950), 2009 (2,946) and 2013 (2,931). The five years with the fewest thefts were 2004 (55), 2003 (56), 2002 (71), 2001 (77) and 2000 (101).

The most popular model years for Charger thefts were 2006 (7,309), 2007 (6,059), 2008 (3,526), 2010 (2,737) and 2009 (1,564).

See the complete report here, or copy and paste the link below into your web browser.
/File%20Library/Public%20Affairs/ChargerAnnualTheftsthru2014for-release.xls

As always, readers should note that inconsistency and inaccuracy with vehicle theft reporting may impact the accuracy and reliability of this data.

Hot Wheels Classics: Thefts of Chevy Camaros

camero1

1969 Chevrolet Camaro SS

DES PLAINES, Ill., May 26, 2015 — If leading the pack as a pace car at the Indianapolis 500 is any acknowledgement of a car’s connection to performance, then Chevrolet Camaro’s eight trips around the track is second only to the Corvette’s record of 13.

Although the Corvette’s pace car showings are more numerous, its first appearance was in 1978—25 years after its 1953 debut production. The Camaro’s first Indy 500 appearance was in 1967—the same year it was introduced to America.

From 1975 through 1989, drivers from various circuits (Indy, NASCAR, Formula One) raced against each other driving identically-prepared Chevy Camaros in the International Race of Champions* (IROC). For several years, Chevrolet produced a Camaro IROC-Z28 model in recognition of its IROC competition.

2015 Chevrolet Camaro

2015 Chevrolet Camaro

Market conditions caused Chevrolet to cease Camaro production after the 2002 model year and it remained dormant until 2010 when it re-emerged in its present—and popular—fifth-generation version. Chevrolet is looking for even greater results with the all-new, sixth-generation 2016 Camaro which will be available later this year.

NICB reviewed Camaro theft data from 1981-2014 and identified 486,783 theft records. Although theft data from 1967 is available, confidence in pre-1981 theft records is low due to the inconsistency in reporting protocols and vehicle identification number (VIN) systems in use prior to 1981. When the National Highway Traffic Safety Administration mandated standardized VINs beginning with the 1981 model year, that year became the benchmark for reliable data used in all Hot Wheels Classics reports.

The top five years for Camaro thefts were 1989 (35,881 thefts), 1988 (33,975), 1990 (33,576), 1987 (32,110) and 1991 (31,291). The top five model years for Camaro thefts were 1984 (54,533), 1986 (53,422), 1985 (43,238), 1982 (37,687) and 1987 (36,225).

See the complete report here, or copy and paste the link below into your web browser. /File%20Library/Public%20Affairs/CamaroAnnualTheftsthru2014for-release.xls

As always, readers should note that inconsistency and inaccuracy with vehicle theft reporting may impact the accuracy and reliability of this data.

* http://en.wikipedia.org/wiki/International_Race_of_Champions