The 2009 Toyota Venza has trumped the 2000 Honda Civic SiR as the most frequently stolen vehicle in Canada in 2011, reports the Insurance Bureau of Canada (IBC).
Also, many of the stolen vehicles are showing up in the local market and being sold to unsuspecting consumers instead of being exported out of Canada, representing a shift from the trend of previous years.
The Top 10 most frequently stolen vehicles in Canada are:
"We're doing a good job of stopping stolen vehicles at the ports," said Rick Dubin, vice president of investigative services at the IBC. "Our data indicate we are not seeing many of these vehicles there. We have to conclude that stolen vehicles are being re-sold locally. But because the stolen vehicles are in these local markets, buyers need to be careful."
Dubin also noted vehicles found being exported tend to be stolen in the local area. "Generally, Quebec stolen vehicles – like the Venza – are ending up in the Port of Montreal, as thieves appear to be seeking a quick distribution of the vehicles."
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The Insurance Advisors @ Guthrie Insurance Brokers Ltd
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