Speaking as one who knows: finding the remains of your chopped-up car at the junkyard sucks. The first car I bought right after graduating from college was stolen with only 32,000 miles on the odometer, and it broke my heart to see its skeleton at the police impound lot!
Have you ever wondered what might happen to your car if it were stolen?
Sadly many cars end up in chop shops, where the vehicle is stripped down to its components, which are then sold separately on the black market.
By selling individual parts, thieves can make two to four times the vehicle's actual worth (see visual below).
Other vehicles are shipped overseas and sold illegally. Hundreds of thousands of stolen vehicles are transported across U.S. borders each year.