Rising Cost Of Parts Fuels Interest Of Car Thieves

  Thursday, February 15th, 2018 Source: NICB

If you own a late model car or truck, and you’ve been in a wreck, you may still be shaking your head over the repair bill. The National Insurance Crime Bureau (NICB) says today’s vehicles are loaded with expensive parts and technology that increase the costs of repairs, even in what may be considered a minor accident. And those expensive parts will continue to drive car thefts as criminals steal cars and trucks to strip them and sell the parts on the black market. Thefts of vehicles in the U.S. rose again last year by more than 4 percent, according to preliminary 2017 crime data from the FBI.

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