Boomerang Tracking Inc.

Boomerang Tracking Inc.

July 21, 2009 09:22 ET

Boomerang Tracking/LoJack Offer Consumers Free Tools to Outsmart Thieves to Coincide With New Vehicle Theft Statistics From Statistics Canada

125,000 Canadians Fall Victim to Vehicle Theft - It's Still a Major Problem

MONTREAL, QUEBEC--(Marketwire - July 21, 2009) -

What: New statistics released by Statistics Canada show that 125,000 vehicles disappeared in Canada in 2008, confirming that vehicle theft remains an expensive - but preventable - crime for every driver on the road.

Vehicle theft remains big business for professional thieves in Canada. Vehicles are being stolen to supply parts to the market, to re-VIN stolen vehicles for resale in the local market and for export to other markets in North America or offshore, as well as to commit other crimes thus putting in danger the life of ordinary citizens.

Major cities again top the list for vehicle thieves; Montreal, Vancouver, Toronto, Edmonton and Calgary represent almost half of the theft in Canada - nearly 58,000 cars that disappear every year are from these cities.

The remaining 67,000 cars are stolen in cities and towns across Canada - no matter where you live, theft is a problem.

Not only is the vehicle theft issue reported to cost Canadians $1.2 billion annually in insurance and law enforcement costs, but it can cost individual victims over $2,500 in out of pocket expenses from a theft in lost vehicle contents, loss of use of vehicle, loss of down payment, potential rental car costs and increases in insurance premiums on a replacement vehicle.

Who: Scott Nilson, Boomerang Tracking's General Manager is available for interviews and offer the following advice:

"Drivers need to take a proactive role in making vehicle theft disappear. Every four minutes an opportunistic thief takes advantage of another victim, but if consumers follow some simple steps, they can prevent the cost and hassle of theft. While making sure that a vehicle is well protected from theft, professional thieves will still get away with one 400 times a day. Installing a vehicle recovery system enables the vehicle to be safely and rapidly recovered, preventing the vehicle from being exported overseas, possible cases of fraud and dangerous car chases."

Free Tools: To combat consumer apathy and bring attention to this problem and offering consumers free tools to keep their cars and possessions safe from opportunistic thieves, Boomerang Tracking/LoJack launched the second annual Vehicle Theft Awareness Month in July. Free guides, statistics and links to social media tools about vehicle theft prevention can be found at BoomerangTracking.com/Knowledge.

To date, the Boomerang Tracking devices have aided in the recovery of over 6,730 vehicles and other assets with an approximate value of over $331 million, including incidentals.

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