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Opportunistic theft: either the removal of a vehicle that is unattended with the keys visible and sometimes the engine idling, or theft of a vehicle offered for sale during what the thief represents as a test drive. A "test drive" may also give a potential thief insight into where the vehicle keys are stored, so that the thief may return later ...
In the US, motorcycles and cars which carry a salvage title may not be registered and driven on public roads in most states, [9] which affects resale value. [8] While selling a salvage car is not against the law, the seller must disclose to the buyer that the vehicle has a salvage title.
A deterrent to auto theft: If a vehicle is a complete loss due to an accident, its serial number (VIN, Vehicle identification number) and registration documents could still be of potential value to persons dealing in stolen cars. The diminished sale value of a title branded vehicle reduces the profitability of switching the registration and VIN ...
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More than 800,000 vehicles were stolen in the U.S. in 2020, costing owners more than $7 billion, government data show. ... Recovery systems use electronic transmission technology to help police ...
Possession of stolen goods is a crime in which an individual has bought, been given, or acquired stolen goods.. In many jurisdictions, if an individual has accepted possession of goods (or property) and knew they were stolen, then the individual may be charged with a crime, depending on the value of the stolen goods, and the goods are returned to the original owner.
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