Key Takeaways
- The Toyota Hilux is one of the most stolen vehicles in New Zealand, with an average of more than one theft per day.
- Toyota dominates the list of most stolen vehicles, with eight of the top 20 most stolen vehicles being Toyotas.
- Canterbury is the region with the highest number of ute thefts, including Hilux, Courier, Landcruiser, Commodore, and Navara.
- Northland is the highest-risk region per capita, with 14 vehicles stolen per 10,000 people.
- The average stolen car is 22 years old, with 70% of stolen vehicles being 15-plus years old.
Introduction to Car Theft Trends
The latest Stolen Car Analysis from MoneyHub has revealed some concerning trends in car thefts in New Zealand. According to the analysis, which is based on six months of police data, the Toyota Hilux is one of the most stolen vehicles in the country, with an average of more than one theft per day. This is a worrying trend for owners of these vehicles, and highlights the need for increased vigilance and security measures to prevent theft. The analysis also shows that Toyota dominates the list of most stolen vehicles, with eight of the top 20 most stolen vehicles being Toyotas.
Regional Car Theft Trends
The analysis also reveals some interesting regional trends in car thefts. Canterbury is the region with the highest number of ute thefts, including Hilux, Courier, Landcruiser, Commodore, and Navara. This suggests that owners of these vehicles in Canterbury need to be particularly cautious and take extra security measures to protect their vehicles. Northland is also a high-risk region, with 14 vehicles stolen per 10,000 people, nearly five times the rate of Southern (3 per 10,000). This highlights the need for increased policing and security measures in these regions to prevent car thefts.
Vehicle Age and Color Trends
The analysis also reveals some interesting trends in the age and color of stolen vehicles. The average stolen car is 22 years old, with 70% of stolen vehicles being 15-plus years old. This suggests that older vehicles are more likely to be stolen, possibly because they are easier to break into or have fewer security features. The most common colors of stolen vehicles are silver, white, and black, which account for 64% of thefts. However, this may simply reflect the prevalence of these colors on the road, rather than any specific preference among thieves.
Non-Standard Thefts
The analysis also highlights some unusual and high-profile thefts, including the theft of a 1942 Ford Pickup, a 1971 Pontiac Le Mans, and a 1974 purple Ford Falcon XB. These thefts suggest that thieves are targeting not only newer vehicles but also classic and vintage cars. The theft of 90 BMWs, 54 Audis, and 44 Mercedes-Benz vehicles also highlights the fact that luxury vehicles are not immune to theft. The theft of three Porsches, including a Panamera in Canterbury and two Cayennes, also suggests that high-performance vehicles are being targeted.
Insurance and Loan Implications
The analysis also highlights the importance of ensuring that vehicles are properly insured and that owners are aware of the potential financial implications of theft. MoneyHub Founder Christopher Walsh warns that many people do not realize that there can be a gap between the market value of a vehicle and the loan balance, which can leave owners with a significant financial liability if their vehicle is stolen. This highlights the need for owners to carefully review their insurance policies and ensure that they have adequate coverage in the event of theft.
Conclusion
In conclusion, the latest Stolen Car Analysis from MoneyHub reveals some concerning trends in car thefts in New Zealand. The dominance of Toyota vehicles on the list of most stolen vehicles, the high number of ute thefts in Canterbury, and the high-risk regions of Northland and Southern all highlight the need for increased vigilance and security measures to prevent car thefts. The analysis also highlights the importance of proper insurance coverage and the potential financial implications of theft, and suggests that owners need to be aware of these risks and take steps to protect themselves and their vehicles.