Reply #59: Can't have those shipping containers going back empty... [View All]

http://www.fraudcoalition.org/en/Insurance_Crime/Auto_Theft/

What Happens to Stolen Cars, the Victims and the Thieves
What Happens to Stolen Cars?

Stolen cars usually end up in one of the following places:

1. In chop shops
2. In shipping containers at ports in Canada or overseas
3. At other crime scenes
4. Abandoned in random locations
5. In the hands of unsuspecting consumers

Chop shops

About 50% of stolen vehicles end up in "chop shops,” where stolen cars are dismantled into parts to be sold off separately, often to legitimate businesses unaware the parts are stolen. This is a big business that accounts for millions of dollars a year in profits for criminals.
Shipping containers

Each year, tens of thousands of cars are stolen for export to other countries where they can be sold for many times their original market value. In some cases, these cars are recovered at Canadian ports before they reach their intended destinations. IBC is actively working on having CBSA take a more active role in preventing these vehicles from leaving Canada.