Cadillac: Once most prestigious, now most stolen
Four Cadillac Escalade models combined share the dubious honor with numerous pick-ups trucks as the vehicles in the United States with the most and most expensive theft claims during the past three years, according to the Highway Loss Data Institute (HLDI). The group’s latest study shows Escalades combine to have the most theft claims and the highest average amount ($114) per theft. That’s 10 times more than the average amount lost per car. According to HLDI, the theft data in compiled from insurance companies representing about 80 percent of all privately owned vehicles. Pickup trucks, including the Escalade EXT, had higher dollar amounts of theft loss ($24), compared with SUVs ($12) and cars ($9). The HLDI suggests it’s because fewer
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