Hello patrice29-ga,
That number is apparently true. The actual number may even be higher
than 90%. I found two sets of independent data that show a 95%
recovery rate. In addition, there is data that shows that Lojack use
in a particular area may result in a decrease in auto theft in that
area.
Carnegie Mellon University
The Benefits of Lojack
http://www.andrew.cmu.edu/course/88-221/externalities/lojack.html
?Lojack was first introduced in Massachusetts in 1986; it was
subsequently introduced to South Florida in 1988 and to three
additional markets in 1990. As of December 1994, Lojack served 12
markets. Of course, installing Lojack does not reduce the likelihood
that YOUR car will be stolen. But a recent NBER study by Ian Ayres and
Steven Levitt finds that the presence of Lojack is associated with a
sharp fall in overall auto theft in central cities and a more modest
decline in the remainder of the state.?
---
?With Lojack, a small radio transmitter is hidden in one of many
possible locations within a car. When the car is reported stolen, the
police remotely activate the transmitter, allowing specially equipped
police cars and helicopters to track the precise location and movement
of the stolen vehicle. Of stolen vehicles equipped with Lojack, 95
percent are recovered, compared to roughly 60 percent of stolen
vehicles overall.?
I?ve provided a direct link to the National Bureau of Economic
Research (NBER) study in PDF format below.
Measuring the Positive Externalities from Unobservable Victim
Precaution: An Empirical Analysis of Lojack
National Bureau of Economic Research
http://www.andrew.cmu.edu/course/88-221/externalities/lojack.pdf
Similar data is reported by the Montgomery County Maryland Department of Police:
Montgomery County Department of Police
Ask Police Officer ? Auto Theft
http://www.montgomerycountymd.gov/poltmpl.asp?url=/Content/POL/ask/autoTheft/devices.asp
?Lojack has been in the Washington area since 1994 and currently
reports a 95% recovery rate with an average three hour recovery time
in this area.?
Lojack does have a few competitors, however LoJack claims to be the
only stolen vehicle recovery company to have direct integration with
law enforcement agencies in the United States.
Yahoo Finance
LoJack Corporation Awarded Radio Frequency Rights for its Stolen
Vehicle Recovery System in China
http://biz.yahoo.com/prnews/040706/netu003_1.html
?About LoJack Corporation
LoJack Corporation, the leading worldwide marketer of wireless
security and location products and services, is the undisputed leader
in global stolen vehicle recovery. Its stolen vehicle recovery system,
the only system of its kind delivering a 90 percent success rate, is
uniquely integrated into law enforcement agencies around the United
States that use LoJack's in-vehicle tracking equipment to recover
stolen vehicles - typically within only a few hours. The LoJack System
operates coast-to-coast in the United States in 22 states and the
District of Columbia, representing the areas with the greatest
population density, highest number of new vehicle sales and incidents
of vehicle theft. LoJack is also operated by law enforcement and
security organizations in more than 25 countries in Europe, Africa,
Asia, and the Western Hemisphere.?
Auto-Theft.info
Layered Approach to Vehicle Theft Prevention
http://www.auto-theft.info/anti-theft_devices.htm
?Layer 4 Tracking Devices
A tracking system emits a signal to police or monitoring service when
the vehicle is reported stolen.
Lojack
OnStar
Boomerang Tracking read info
ResQ
NetworkCar?
Orange County Auto Theft Task Force
Auto Theft Prevention
http://www.ocatt.org/prevention.html
Tracking Devices -- Allows the police to quickly locate stolen
vehicles, and increases the chances of apprehending the suspect(s).
Such as:
- Boomerang Tracking
- Intertrack
- LoJack
- Networkcar
- OnStar
- Satellite Security System
- TeleAid (through Mercedes Benz)
- Teletrac
- VehicleTrak?
Yahoo Finance
UPDATE - LoJack to buy Canada's Boomerang for $48 million
http://biz.yahoo.com/rc/040817/tech_boomerang_lojack_1.html
I hope you have found this information helpful. If you have any
questions, please request clarification prior to rating the answer.
Googlenut
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