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Land Rover Defender Thefts Up By 69% As Values Rise - Car Talk - Nairaland

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Land Rover Defender Thefts Up By 69% As Values Rise by MyplanetCarNG: 6:49pm On Apr 11, 2016
The Land Rover Defender has become a target for thieves now production has ended, with claims of stolen cars increasing by 69% in England alone.

The figures, which were released by insurance company NFU Mutual, compare 2014 with 2015, when claims for Defenders increased by 8%. This brought the total claims cost to NFU Mutaul up to £1.8-million.

Police say a large percentage of stolen Defenders are being shipped and sold abroad, to meet growing demand after production of the model ceased more than two months ago. Owners are now being urged to upgrade the security systems on their cars.

This surge in crime isn’t expected to slow any time soon, because the model’s transition into a modern classic has resulted in values skyrocketing – the two millionth car sold for £400,000 in December 2015 - while NFU's customer insurance claims for stolen Defenders have reached £760,000 in the North East in the past 12 months. This comfortably outweighs the second and third highest claiming regions - the number reached £235,000 in the Midlands and £191,000 in the South East.

Read more here http://myplanet-car.com/autonews.php?sid=230

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