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Vehicle Recovery Project. Principal Reasons Drive Demand For Stolen Vehicles Produced by Insurance Companies 1)Sale of total loss vehicles, regardless.

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Presentation on theme: "Vehicle Recovery Project. Principal Reasons Drive Demand For Stolen Vehicles Produced by Insurance Companies 1)Sale of total loss vehicles, regardless."— Presentation transcript:

1 Vehicle Recovery Project

2 Principal Reasons Drive Demand For Stolen Vehicles Produced by Insurance Companies 1)Sale of total loss vehicles, regardless of their registration as write-offs, to resellers or individuals by insurance companies. 2)Sale of recovered vehicles with missing spare parts.

3 1)Sale of Total Loss Vehicles, by Insurance Companies. a)Use total loss vehicle for remove their VIN and motor number to put them in stolen vehicles of the same make and model, creating what we, Argentines, call Twin Cars.

4 1)Sale of Total Loss Vehicles, by Insurance Companies. b) Use of total loss vehicles which are not registered for insurance and then make them disappear or claim the payment the total loss.

5 1)Sale of Total Loss Vehicles, by Insurance Companies. c) Use total loss vehicle just to hold a "Legal" invoice used to support spare parts of similar vehicles illegally purchased, particularly stolen and dismantled.

6 2) Sale of Recovered Vehicles With Missing Spare Parts. a)Of the overall number of stolen vehicles reported to Insurance Companies, 15 to 20% are found after the corresponding payment was given to the owner. b)These vehicles have missing spare parts or are damaged. c)The missing parts belong generally to the car interior, such as seats, dashboard, gearbox, cylinder lid, etc. d)These vehicles have their documents in order.

7 These are Some Vehicles which were Bought to Prove the Vehicle Recovery Project. BMW 528 Flooded Renaul Twingo Stolen

8 These are Some Vehicles which were Bought to Prove the Vehicle Recovery Project. Land Rover Discovery Stolen and Turn Over

9 Body Shop Area CRA´S Area m m2

10 Next Vehicles to Sell


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