For the fourth year in a row, the big Cadillac Escalade, a favorite among rappers and professional athletes, tops the list as the car more likely to be stolen, according to a new report by the Highway Loss Data Institute.
The trade group’s data show that four different versions of the Escalade rank high on the list of 2008 to 2010 vehicles thieves targeted, with the Cadillac Escalade EXT, an SUV/pickup blend, ranking at the top of the list. On average, it experienced 14 claims per 1,000 registered vehicles – eight times higher than the average vehicle covered by the study. Overall, theft claims for the Escalade resulted in average insurance payouts of $10,555.
The HLDI study reveals that Detroit brands top the theft charts – and that thieves seem to prefer pickups and SUVs. In fact, eight of the top 10 are either General Motors or Ford trucks. The other two slots were filled by Chrysler, with two versions of its big 300 sedan.