Auto Insurance
1 in 5 Stolen Vehicles Are Recovered, but 30% Have Been Damaged
According to the National Crime Victimization Survey, there were 534,010 motor vehicle thefts in 2018, affecting 424,360 American households. That represents 4.3 out of every 1,000 households, a rate that held fairly steady for the prior five years.
But, according to our analysis of incidents from the Uniform Crime Reporting Program, about 1 in 5 vehicles are eventually recovered, which is great news for drivers who don't have gap insurance to cover their remaining car notes or lack comprehensive coverage.
The downside? Nearly a third (30%) of drivers get their cars back with an average of $1,490 worth of damage.
Table of contents
Key findings
- 20% of stolen vehicles in 2018 were recovered, taking an average of 11 days to be found.
- 30% of recovered vehicles came back damaged. On average, the reported value of vehicle damage and vandalism was $1,490.
- 12% of auto theft incidents resulted in an arrest. We found no correlation between vehicle recovery and arrest rates.
Differences by region: Cars in the Northeast are found faster but less often
While about 20% of stolen cars are returned nationwide, the odds of getting your car back vary widely from region to region. Drivers in the Midwest are the most likely to see their cars again, with 24% of cars being returned.
Meanwhile, only 15% of stolen cars in the Northeast are returned. The only upside for people in the Northeast is that their vehicles tend to be found more quickly. While the nationwide average time for a car to be found and returned is 11 days, people in the Northeast get their vehicles back after just one week of looking, on average.
Cars of all values are targets, but the most expensive cars are stolen in the South
The average value of a stolen car is $8,303. That's much less than the typical sales price of a new car in the United States (nearly $39,000 in 2019, according to Kelley Blue Book). This suggests cars of all ages and types are commonly stolen, not just flashy, brand-new cars just off the lot.
Cars stolen in the South tend to be the most expensive nationally — $1,844 more, on average. Trucks are more popular in the South than in other areas, and they have a higher average sales price than most other cars, at $41,000.
Car owners in the South also tend to carry higher car loans: A study by LendingTree (ValuePenguin's parent company) found that people in southern states have about $800 more in car debt than the average American. If those borrowers have a car stolen and don't have gap coverage, they'll be responsible for the difference between their car's value and what they owe — even if they are protected by comprehensive coverage.
Unfortunately, the average value of cars returned is generally less than the value of those stolen — just $7,894. This means that more expensive cars are less likely to be found than cheaper ones. The discrepancy is most pronounced in the South, where a typical recovered car is worth 11% less than the average of all those stolen.
The only exception is the Midwest, where the typical returned car is actually slightly higher in value than stolen cars that are not recovered. The difference is slight, though: only $31.
Recovered cars in the West are most likely to be damaged
Unsurprisingly, not every recovered car comes back in the same condition. As many as 29% of recovered cars suffer some kind of damage or vandalism while they are missing. The rates are highest in the western United States, where returned cars are nearly twice as likely to come back damaged than in the Northeast or Midwest.
Averaging all reports of damage or vandalism to cars recovered in 2018, the typical cost to repair was $1,490. However, there's a big difference in cost by region: Repairing car damage in the Northeast was the most expensive by far, with a typical cost of $2,668, which was 2.5 times more than in the western US.
Car owners whose returned cars have been damaged may be eligible for a payment from their car insurance companies if they carry comprehensive coverage. This coverage pays to repair or replace a car if it's damaged by something other than a collision (including if the car is stolen and not returned). However, comprehensive is optional, not legally required l — unless your lender requires it as a condition of your lease or loan.
Police are more likely to find your car than find the thief — and one won't necessarily lead to the other
Car theft is among the crimes least likely to be solved by police. Only about 12% of car thefts reported in the nationwide survey resulted in arrests. Even in the South, where arrests are most likely to be made, only 14.6% of cases ended in arrests.
Interestingly, the Midwest has the lowest rate of arrests — at just 9.9% of all cases — despite the fact that you're much more likely to get your car back there than in other regions. The Northeast had the second-highest arrest rate, at 14.2%, even though car theft victims in that area are the least likely nationwide to have their vehicle returned.
Overall, we didn't find a very strong correlation between the chance of car recovery and an arrest. This suggests that finding the car does not have a strong impact on whether the police are able to apprehend the culprit — or vice versa.
Methodology
Analysts aggregated sample data of over 49,000 car thefts in 2018, reported by local agencies to the Federal Bureau of Investigation (FBI) under the Uniform Crime Reporting Program and available on an incident basis by state on the FBI's Crime Data Explorer.