[HP_Addict19]

Video is stupid. Pass.

Lol.

 

[NoScat]

?🤷🏾‍♂️

See below.

 

[2ndAmend]

Some people would say wearing diamonds, Rolex and gold chains on the subway is asking for it.

 

[HP_Addict19]

The fact of the matter is if these cars are parked outdoors they will be stolen period. And even indoors they can be taken, especially around metro Detroit. as I posted in my intro post a guy around here with a Demon and a Hellcat Durango had both cars in a locked, attached garage to the house with two cars in the driveway blocking the doors. Thieves moved the cars blocking the driveway, got in the garage and took the Durango and would have gotten the Demon but the battery was dead. Unbelievable.

These Hellcat owners are asking for trouble leaving their cars parked outside like that. In shitty areas.

Ive only left my car parked (unattended) at a couple places no longer than 10 mins. In very nice areas. But I know that doesn’t matter sometimes
‘And I have the full replacement value insurance.

 

[Turd McGavin]

No, because they aren't Billy Badass Kid Rock Ted Nugent m'fers like you!
View attachment 603446

damn you!

 

[Chroode]

I did a write up about preventing theft of our cars.
You can find it here.
Just click the link.

Theft, tires, road tripping

Hey all, hate to start another thread, but nonetheless. Heading out Friday from Indy and heading to Vegas in my 2018 HCWB with my 16 year old daughter who does Tae Kwon Do and qualified for the Nationals in Vegas. Only reason I bring that up is to explain the reason for taking my Hellcat on a...

www.hellcat.org

 

[GlockandRoll]

These cars don't make the top 10, which has been pretty constant for a long time.

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It's always been Ford and Chevy trucks at the top, as well as Honda and Toyota cars.
It's been like that for 20 years.

 

[Xylander]

These cars don't make the top 10, which has been pretty constant for a long time.

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The only video surveillance cameras with live security guards that prevent crime. Get protected with Deep Sentinel video monitoring.

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It's always been Ford and Chevy trucks at the top, as well as Honda and Toyota cars.
It's been like that for 20 years.

You're looking at the wrong stat. This link is for total number of vehicles stolen. The Challenger and Charger quite literally tops the list on percentage of vehicles stolen. In terms of the F-150, more are stolen every year than there are Hellcats made. So, that doesn't mean much to the Hellcat owner. The theft rate of the Challenger and Charger are 5x the normal rate of a Honda Civic and a shade over 4x higher than an F-150.

Charger Hemi, Challenger Hellcat most at risk of theft | Car News | Auto123

Dodge’s Charger Hemi and Challenger Hellcat are highly prized by thieves, according to newly-published U.S. data. Auto123 had the details.

www.auto123.com

The above link is to a story that explains what I mean. In the past I linked the raw data from a government source, but in the past 5 minutes I haven't been able to find it, so I'm giving up as I have some work to do . If I recall correctly, something like 13% of Challenger Hellcats in each model year get reportedly stolen. Statistically, this means that every 5 years, more than 50% of all Challenger Hellcats made get targeted at least once over that period. That's a pretty significant risk item.

 

[GlockandRoll]

You're looking at the wrong stat. This link is for total number of vehicles stolen. The Challenger and Charger quite literally tops the list on percentage of vehicles stolen. In terms of the F-150, more are stolen every year than there are Hellcats made. So, that doesn't mean much to the Hellcat owner. The theft rate of the Challenger and Charger are 5x the normal rate of a Honda Civic and a shade over 4x higher than an F-150.

Charger Hemi, Challenger Hellcat most at risk of theft | Car News | Auto123

Dodge’s Charger Hemi and Challenger Hellcat are highly prized by thieves, according to newly-published U.S. data. Auto123 had the details.

www.auto123.com

The above link is to a story that explains what I mean. In the past I linked the raw data from a government source, but in the past 5 minutes I haven't been able to find it, so I'm giving up as I have some work to do . If I recall correctly, something like 13% of Challenger Hellcats in each model year get reportedly stolen. Statistically, this means that every 5 years, more than 50% of all Challenger Hellcats made get targeted at least once over that period. That's a pretty significant risk item.

13% and 50% sound like made-up statistics, so I'd like to see that report.

Of course, the demographic of people that buy these and where they live has a lot to do with this as well.
Many people go "car poor" buying these, and suspect some even live in trailer parks, and a lot parked on the street, instead of inside garages.

 

[Unavowed]

"Per capita" is the stat to look at.

 

[SuperSound]

13% and 50% sound like made-up statistics, so I'd like to see that report.

Of course, the demographic of people that buy these and where they live has a lot to do with this as well.
Many people go "car poor" buying these, and suspect some even live in trailer parks, and a lot parked on the street, instead of inside garages.

Think the bottom line is the insurance companies see them as high risk for theft, and have passed that rate on to us. Vehicles that sell the most in terms of raw numbers, will always be the most stolen by volume due to opportunity (and the booming parts market they create).

 

[Xylander]

13% and 50% sound like made-up statistics, so I'd like to see that report.

Of course, the demographic of people that buy these and where they live has a lot to do with this as well.
Many people go "car poor" buying these, and suspect some even live in trailer parks, and a lot parked on the street, instead of inside garages.

I Wish I could remember the study I cited before (it's been several months). It was a national insurance board study if I recall where they cited the total number of claimed vehicles vs. total reported losses. The Hellcats topped that list with no close 2nd place. Then, using statistical analysis, they determined that per the data, about half of all Hellcats are likely targeted about once every five years. They specifically listed the lack of effective anti-theft deterrents, high parts resale value, and the high street desirability of the vehicles as the driving factor behind that statistic. This was a government agency ran by the dept. of commerce, and not a private funded study.

One other noteworthy piece in that study had to do with the loss vs. recovery rates as well. Less than 10% of HCs stolen are recovered. As we already knew, they're generally stolen and chopped. The takeaway here is that, regardless of the internet and the media trying to pin blame on "thugs" stealing them for joyrides... the majority of Hellcat thefts are professionally stolen by thieves with a network of disposal partners.

 

[GlockandRoll]

Think the bottom line is the insurance companies see them as high risk for theft, and have passed that rate on to us. Vehicles that sell the most in terms of raw numbers, will always be the most stolen by volume due to opportunity (and the booming parts market they create).

A friend is an agent and explained how it breaks down. The biggest factor is accidents.
That's why it is LOT more expensive to insure a scatpack in TX than it is a Hellcat.

A lot fewer HC's get wrecked as it's mostly older more mature people buying them than SPs where a lot of people in thier 20's buy them and drive them like jackasses on the street.

 

[GlockandRoll]

I Wish I could remember the study I cited before (it's been several months). It was a national insurance board study if I recall where they cited the total number of claimed vehicles vs. total reported losses. The Hellcats topped that list with no close 2nd place. Then, using statistical analysis, they determined that per the data, about half of all Hellcats are likely targeted about once every five years. They specifically listed the lack of effective anti-theft deterrents, high parts resale value, and the high street desirability of the vehicles as the driving factor behind that statistic. This was a government agency ran by the dept. of commerce, and not a private funded study.

One other noteworthy piece in that study had to do with the loss vs. recovery rates as well. Less than 10% of HCs stolen are recovered. As we already knew, they're generally stolen and chopped. The takeaway here is that, regardless of the internet and the media trying to pin blame on "thugs" stealing them for joyrides... the majority of Hellcat thefts are professionally stolen by thieves with a network of disposal partners.

That doesnt add up, however I suspect one thing that could be a factor - again a demographic thing - is I bet more than a few HC owners reported them stolen to avoid repossession after getting in over their heads financially.

I have no way to prove this, but I'd wager a steak dinner that these two things apply:

The majority of guys that park these on the streets probably have $1500/mo car payments.

The majority of guys that have them parked in the garage likely paid cash for them.

 

[Turd McGavin]

That doesnt add up, however I suspect one thing that could be a factor - again a demographic thing - is I bet more than a few HC owners reported them stolen to avoid repossession after getting in over their heads financially.

I have no way to prove this, but I'd wager a steak dinner that these two things apply:

The majority of guys that park these on the streets probably have $1500/mo car payments.

The majority of guys that have them parked in the garage likely paid cash for them.

I got 0.00% financing...only a fool would pay cash when offered financing like that

 

[GlockandRoll]

I got 0.00% financing...only a fool would pay cash when offered financing like that

Let me guess because you got the incumbent credit arm incentivized rate, the stealership told you you had to pay MSRP for the car?

 

[Xylander]

That doesnt add up, however I suspect one thing that could be a factor - again a demographic thing - is I bet more than a few HC owners reported them stolen to avoid repossession after getting in over their heads financially.

I have no way to prove this, but I'd wager a steak dinner that these two things apply:

The majority of guys that park these on the streets probably have $1500/mo car payments.

The majority of guys that have them parked in the garage likely paid cash for them.

Repo rates on newer Hellcats are fairly low. They have about the same rate as any premium trim vehicle akin to a C8/C7, BMW M4/M5, S class Mercedes, etc. Generally, the people who can't afford them can't get approved for financing. The people who are dumb with their money trade in $20-$40k cars. It's a whole other demographic that plays with the $80-$100k car market. While someone who finds themselves habitually between jobs can slide into a $30-40k car, the same isn't true for qualifying to buy an $80,000 car.

Now, on the used side, yes. HCs are repo'd a LOT. New ones though... I'm sure it happens but I would be willing to bet that the repo rate on a Mustang (EcoBoost or GT) is likely at least double or more that of the HC.

 

[GlockandRoll]

Repo rates on newer Hellcats are fairly low. They have about the same rate as any premium trim vehicle akin to a C8/C7, BMW M4/M5, S class Mercedes, etc. Generally, the people who can't afford them can't get approved for financing. The people who are dumb with their money trade in $20-$40k cars. It's a whole other demographic that plays with the $80-$100k car market. While someone who finds themselves habitually between jobs can slide into a $30-40k car, the same isn't true for qualifying to buy an $80,000 car.

Now, on the used side, yes. HCs are repo'd a LOT. New ones though... I'm sure it happens but I would be willing to bet that the repo rate on a Mustang (EcoBoost or GT) is likely at least double or more that of the HC.

You don't know that. You can't know that because you don't have any insight into it, you are just assuming.
I imagine a lot of these get "stolen" to avoid the repo and the bank pays off the loan, assuming they have GAP insurance which is smart on performance cars.

 

[SuperSound]

A friend is an agent and explained how it breaks down. The biggest factor is accidents.
That's why it is LOT more expensive to insure a scatpack in TX than it is a Hellcat.

A lot fewer HC's get wrecked as it's mostly older more mature people buying them than SPs where a lot of people in thier 20's buy them and drive them like jackasses on the street.

Yea that makes sense in terms of rate, but cost of the vehicle is a major factor. HCs are considerably more than SP prices. Not sure how in TX it costs less to insure a HC than SP, but here in NC it is quite the opposite. So there is more too the actual price per month someone pays than just that (just like driving record and multi policy discounts can change it).

However my real point is thefts on these cars is up the last few years. My monthly insurance payment hasn't really changed since I got the my SP in 2018. From what I have read, that is because of the rates of theft, not accidents.

Triple-I Blog | Dodge Charger tops HLDI’s list of most likely to be stolen vehicles

www.iii.org

How Much is Dodge Insurance? Compare Quotes by Model

The cost to insure a Dodge can differ greatly by the specific car model. MoneyGeek explored why some Dodge models are more expensive to insure than others.

www.moneygeek.com

 

[SuperSound]

You don't know that. You can't know that because you don't have any insight into it, you are just assuming.
I imagine a lot of these get "stolen" to avoid the repo and the bank pays off the loan, assuming they have GAP insurance which is smart on performance cars.

That's an assumption too unless you have some data to share. Doesn't make either of you right.