Newer Sport Bikes are the Most Popular Theft Targets
Did anyone notice that thieves are proving kpaul, the GMP, correct again. Cruisers are losing popularity even among thieves..It also suggests that Sport bikes have higher value on the black market.. Of course I know the counter argument to this but I'll wait see if the GPTB can mount an intelligent argument or will they kbash.
With 70,000 thefts in 2005, this shows LoJack isn't even making a DENT in the theft-ring. With an average cost of $10,000/Moto (an arbitrary but not-unreasonable number I just pulled out of my arse) there's still $695,000,000+ of stolen Motos out there.
And they say Crime doesn't Pay.
At a (guesstimated) low-return of $0.10 on the Dollar, that's still nearly $7,000,000 of "profit" for the Thieves.
I can tell you there was at least one, my 2001 VFR800, in Albuquerque... the LEO's say it's such an industry in the Southwest border states that they have it in a truck and the LOJack discarded/destroyed in minutes... and within hours my Italian Red beauty, complete with all the aftermarket bits and all the suspension and engine changes and development, the finished product of hundreds of hours spent wrenching and tweaking and tuning and polishing to make it exactly the bike I wanted was across the border and on its way to South America. I guess I should feel respected, the LEO's said they only steal the best of the best...
Somewhere in Buenos Aires or Rio somebody's riding the world's sweetest VFR, and for me, LoJack didn't do Jack.
OK, a statistically negligent return for the close to $1,000 LoJack investment . In short, doesn't even register on the graph. So, this is NOT the answer, unless of course, there were only 292 bikes equipped with the thingee in the first place! BTW, can the font be any smaller on the article?
I work on Autotheft in the Atlanta area. If a car is stolen an it is equipped with LoJack it is usually recovered that day. I have not recovered a motorcycle with LoJack on it. That is probably due to the fact that Shops around here are just now getting certified to do it. If you live in an Apartment in Atlanta and you have a new sportbike chances are pretty good it is going to get stolen. LoJack is around 600 dollars please get it I want to catch some motorcycle thieves.
Btw I think it should be called LoJoke. If you check their website, to the "how it works" it shows a picture step-cycle, and it goes like this:
1. Installation ---> 2. Notify police bike is stolen --> 3. Police activate the unit --> 4. Police locate signal --> 5. Your bike is returned to you! (with a guy in his garage smiling)
What a joke, I've never heard of a police officer actually using this. I think if anything it's more that the police contact lojack company who then track it down themselves, at least in most cases. Larger departments might actually have access to equipment to track the bikes, but I doubt the majority of police departments do.