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It's 2am and you hear SMASH, then the start-up of a familiar engine. Someone’s stolen your car.
Everyone knows the police are usually too busy to help you with stolen cars, so it's up to you to find it. But more often than not, that’s it - you have no hope in finding it, your car is gone.
But where does it actually go? I had the same question, where DO all the stolen cars go? Let me explain.
But first, let's address the fact that the chances of actually having your car stolen today are pretty low. There are about 287 million cars on the road in the US, and only 810,440 cases of vehicle theft in the US in 2020, and 89,400 cases in the UK. That’s about 246 thefts per 100,000 people in the US and 132 per 100,000 in the UK.
So the odds of your car being stolen today are pretty low, but never zero.
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A chop shop is an illegal garage that profits off selling or repurposing the parts off stolen vehicles. Often run out of a legitimate storefront, an expert chop shop can strip an entire car down to its frame in less than three hours. If your car is unlucky enough to find itself in one of these, chances are you’ll never see that car again.
What’s mad, is that cars are typically worth more as parts than as a whole. While a junk car may be worth only $500 in scrap metal, chances are the individual parts on that car are worth thousands. And chop shops know this.
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