Stolen C5 - How does that happen?
Le Mans Master
Joined: Dec 2005
Posts: 5,490
Likes: 2
Originally Posted by Joe_G
It was my car that was stolen. Here's a post with pictures, information, etc. etc.
http://forums.corvetteforum.com/show...post1554957678
Please, if anyone hears any news, please PM me or e-mail me at joe_gut@ix.netcom.com.
Thanks!
Joe
http://forums.corvetteforum.com/show...post1554957678
Please, if anyone hears any news, please PM me or e-mail me at joe_gut@ix.netcom.com.
Thanks!
Joe
Burning Brakes
Joined: Dec 2004
Posts: 1,067
Likes: 3
From: Lost in the Pine Barrens with only ketchup and relish packs, New Jersey
Originally Posted by VetteLag00
What concerns me personally about a situation like this for a poor guy like me who has to finance it how does the insurance company handle it? Technically the bank owns it right? Do they pay the bank and cancel my loan? Do they pay me the book value? I just got mine several months ago would I be screwed on the finance charges?
Thread Starter
Team Owner
Joined: Jun 2001
Posts: 55,394
Likes: 1
Originally Posted by VetteLag00
Technically the bank owns it right? Do they pay the bank and cancel my loan? Do they pay me the book value? I just got mine several months ago would I be screwed on the finance charges?
Melting Slicks
Joined: Jan 2005
Posts: 2,409
Likes: 34
From: St. Louis Missouri
Sorry to hear about this. What's even scarier is the fact that the Police actually had the car in pursuit and had to call off the chase due to the excessive speed. I guess this is one instant where the speed of the Corvette actually works against you 
. My Vette is always parked with a car blocking it in, just another step in theft deterrent.
. My Vette is always parked with a car blocking it in, just another step in theft deterrent.
Team Owner
Joined: Jul 2004
Posts: 24,652
Likes: 298
From: NJ
St. Jude Donor '05-'08
some facts
2004 Theft Statistics:
Every 26 seconds, a motor vehicle is stolen in the United States. The odds of a vehicle being stolen were 1 in 190 in 2003 (latest data available). The odds are highest in urban areas.
U.S. motor vehicle thefts fell 1.9 percent in 2004 from 2003, according to the FBI's Uniform Crime Reports. In 2004, 1,237,114 motor vehicles were reported stolen.
The West was the only region with an increase in motor vehicle thefts from 2003 to 2004, up 3.2 percent. Thefts fell 9.7 percent in the Northeast, 4.4 percent in the Midwest and 2.9 percent in the South.
Nationwide, the 2004 motor vehicle theft rate per 100,000 people was 421.3, down 2.9 percent from 433.7 in 2003. The highest rate was reported in the West, 664.5, up 1.7 percent, the only region registering an increase. The rate of motor vehicles stolen was 397.8 in the South, down 4.2 percent from 2003; 341.6 in the Midwest, down 4.8 percent; and 262.5 in the Northeast, down 9.9 percent.
Only 13.0 percent of thefts were cleared by arrests in 2004.
Carjackings occur most frequently in urban areas. They account for only 3.0 percent of all motor vehicle thefts.
The average comprehensive insurance premium in the U.S. rose 11.2 percent from 1999 to 2003, the most recent data available.
2004 Theft Statistics:
Every 26 seconds, a motor vehicle is stolen in the United States. The odds of a vehicle being stolen were 1 in 190 in 2003 (latest data available). The odds are highest in urban areas.
U.S. motor vehicle thefts fell 1.9 percent in 2004 from 2003, according to the FBI's Uniform Crime Reports. In 2004, 1,237,114 motor vehicles were reported stolen.
The West was the only region with an increase in motor vehicle thefts from 2003 to 2004, up 3.2 percent. Thefts fell 9.7 percent in the Northeast, 4.4 percent in the Midwest and 2.9 percent in the South.
Nationwide, the 2004 motor vehicle theft rate per 100,000 people was 421.3, down 2.9 percent from 433.7 in 2003. The highest rate was reported in the West, 664.5, up 1.7 percent, the only region registering an increase. The rate of motor vehicles stolen was 397.8 in the South, down 4.2 percent from 2003; 341.6 in the Midwest, down 4.8 percent; and 262.5 in the Northeast, down 9.9 percent.
Only 13.0 percent of thefts were cleared by arrests in 2004.
Carjackings occur most frequently in urban areas. They account for only 3.0 percent of all motor vehicle thefts.
The average comprehensive insurance premium in the U.S. rose 11.2 percent from 1999 to 2003, the most recent data available.
Team Owner
Joined: Jan 2002
Posts: 23,234
Likes: 4
From: All that glitters is Gold - Hockey Is CANADA'S game
Cruise-In VI Veteran
Cruise-In VII Veteran
St. Jude Donor '05-'06
Originally Posted by Pizzano
With lojack it is not effective until you realize you car is gone. So from the time you car is stolen and found with lojack the theft has had time to thrash your car, so your car is partial wrecked so the insurance company ends up fixing your car. If my car gets stolen I would rather have car not found or totally damaged and written off by the insurance company.
Last edited by Zilla; Apr 20, 2006 at 12:18 PM.
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Thread Starter
Team Owner
Joined: Jun 2001
Posts: 55,394
Likes: 1
Originally Posted by Zilla
Why waste your money on Lojack?
With lojack it is not effective until you realize you car is gone. So from the time you car is stolen and found with lojack the theft has had time to thrash your car, so your car is partial wrecked so the insurance company ends up fixing your car. If my car gets stolen I would rather have car not found or totally damaged and written off by the insurance company.
With lojack it is not effective until you realize you car is gone. So from the time you car is stolen and found with lojack the theft has had time to thrash your car, so your car is partial wrecked so the insurance company ends up fixing your car. If my car gets stolen I would rather have car not found or totally damaged and written off by the insurance company.
BTW, Lojack installed is $995
Drifting
Joined: Mar 2001
Posts: 1,406
Likes: 0
This is strictly low tech. I park my 1997 Bonneville SSE behind my Vette in the evening. If you want the Vette you have to move the Bonneville. If I hear someone messing around with the help of my 156lb Great Dane, I will go out and shoot the hell out of them. It has worked so far. I hate thieves!
LOL
Turbo5
LOL
Turbo5
Race Director
Joined: Sep 2004
Posts: 17,786
Likes: 4
From: Redsox, Pats, Celts & Bruins !!! Redsox Nation !!!
St. Jude Donor '06-'07-'08-'09-'10-'11-'12
Lojack is a joke, when it forst came out they were good in large major cities. Lojack gave the LEOs the equipment to find the cars. But now, that equipment is old, broken, and has never been repaired. Lojack is to cheap to fix the stuff. We have over 1100 cruisers and we had 100 units, we are now down to less than 20.
So in short, you do the math.
So in short, you do the math.
Le Mans Master
Joined: Dec 2005
Posts: 5,490
Likes: 2
Originally Posted by MARK's_C5TT
might want to look into GAP coverage insurance. Google GAP insurance.
Sorry to hear about this. What's even scarier is the fact that the Police actually had the car in pursuit and had to call off the chase due to the excessive speed. I guess this is one instant where the speed of the Corvette actually works against you
Melting Slicks
Joined: May 2003
Posts: 3,174
Likes: 0
From: arlington tx
Originally Posted by screw991le
Lojack is a joke, when it forst came out they were good in large major cities. Lojack gave the LEOs the equipment to find the cars. But now, that equipment is old, broken, and has never been repaired. Lojack is to cheap to fix the stuff. We have over 1100 cruisers and we had 100 units, we are now down to less than 20.
So in short, you do the math.
So in short, you do the math.
Thread Starter
Team Owner
Joined: Jun 2001
Posts: 55,394
Likes: 1
Originally Posted by screw991le
Lojack is a joke, when it forst came out they were good in large major cities. Lojack gave the LEOs the equipment to find the cars. But now, that equipment is old, broken, and has never been repaired. Lojack is to cheap to fix the stuff. We have over 1100 cruisers and we had 100 units, we are now down to less than 20.
So in short, you do the math.
So in short, you do the math.
Race Director
Joined: Jul 2005
Posts: 11,308
Likes: 1
From: The Beautiful Greater Bay Area California
Originally Posted by PashaCorvette
Very sorry to hear this sad story.That can happen to anybody anytime.U never know.I hope they solve the case quick.What can u do, just a bad luck.Take Care man.
Pasha
Pasha
Hang in there! Hope the car is found safe and sound and returned to you, ASAP.
Former Vendor
Joined: Feb 2002
Posts: 7,812
Likes: 3
From: DFW, TX www.vettestripes.com
St. Jude Donor '03-'04-'05-'06-'07-'08
Originally Posted by Pizzano
This is my next mod then
Good luck with recovery your C5's!
-Mike
Thread Starter
Team Owner
Joined: Jun 2001
Posts: 55,394
Likes: 1
Originally Posted by sebringsilver97coupe
LOJACK is good...if it were in a perfect world. yes, we too have the issues of old equipment etc that they wont fix. we are down to like maybe 8 cars for a city of 350K+ that are lojack equipped and i know of two that the darn things dont even work anymore. just the other day a neighboring agency got a lojack hit and they narrowed it down to one of our apt complexes at the border of our city and theirs but we couldnt help any because we didnt have any lojack equp't cars to help triangulate it.
Burning Brakes
Joined: May 2002
Posts: 1,007
Likes: 2
Originally Posted by NSTG8R
pro's can steal anything
Last edited by EricR-TX; Apr 20, 2006 at 02:33 PM.
Race Director
Joined: Nov 2003
Posts: 12,346
Likes: 5
From: Mustang OK
Originally Posted by Zilla
Key or no key, covering your VIN or not covering your VIN, if they want your car they will get it. That is what insurance if for!
Yep, If they want it, they're going to get it.
Drifting
Joined: Oct 2005
Posts: 1,943
Likes: 18
From: Henderson NV
Originally Posted by Zilla
Why waste your money on Lojack?
With lojack it is not effective until you realize you car is gone. So from the time you car is stolen and found with lojack the theft has had time to thrash your car, so your car is partial wrecked so the insurance company ends up fixing your car. If my car gets stolen I would rather have car not found or totally damaged and written off by the insurance company.
With lojack it is not effective until you realize you car is gone. So from the time you car is stolen and found with lojack the theft has had time to thrash your car, so your car is partial wrecked so the insurance company ends up fixing your car. If my car gets stolen I would rather have car not found or totally damaged and written off by the insurance company.
I know of Lambos that were still in the get away process while the police located the vehicle while still driving , therefore recovering the vehicle before it reached any unwanted demise.