Foreign owned cars in London are three times more likely to be stolen than those owned by locals

Foreign owned cars in London are three times more likely to be stolen than those owned by locals, new data reveals

Foreign owned cars in London are three times more likely to be stolen than those owned by locals, according to new data from the City of London Police.

Foreign car ownership of cars in London accounts for 17% of all vehicles registered in the city. But the City of London Police has uncovered that while 80% of all vehicles in the city are owned by locals, more than a third of them are stolen.

New data obtained by the City of London Police used data collected by vehicle tracking software into more than 150 separate crimes.

The police can then use the data to investigate a vehicle’s ownership. Through this data, they were able to discover the proportion of foreign cars that were reported stolen, and trace the records.

Latest data shows that to hold true to the trend, one in five cars reported stolen in the last year had more than one foreign owner, meaning they are three times more likely to be stolen than cars owned by locals.

Meanwhile, 92% of reported cars were stolen by people aged between 15 and 24. In comparison, just 6% of reported cars were stolen by people aged over the age of 60.

The data paints a bleak picture of vehicle theft, with cars reported stolen in the City of London Police having a seven times greater probability of being stolen than it does of being put to good use.

Copyright: Guardian News & Media Limited 2019

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