Luxury Cars in Florida Vanish as Thieves Export Vehicles

 Thursday, October 23, 2014

 Bloomberg

Drivers of luxury vehicles in Florida should watch out. Their cars are the least likely in the U.S. to be returned if stolen. More than 25 percent of luxury cars taken from the beginning of 2010 through 2013 were never returned to their Floridian owners, the National Insurance Crime Bureau said today in a report. Cars that go unrecovered are frequently dismantled and sold for parts in the U.S. or abroad. Nationwide, about 17 percent of stolen luxury vehicles in the period were never found, according to the data.
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