LoJack Offers Stolen Vehicle Recovery System Designed Specifically To Protect Classic Cars

LoJack for Classics is a Next Generation, Self-Powered System Featuring Unmatched Theft Protection

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Sep 27, 2010, 08:30 ET

WESTWOOD, Mass., Sept. 27 /PRNewswire/ -- LoJack Corporation (Nasdaq: LOJN), the company that invented the stolen vehicle recovery market, today announced LoJack for Classics, a stolen vehicle recovery system that is specially designed to meet the unique requirements of classic cars and help owners protect the investment they make in these one-of-a-kind vehicles.

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The system leverages LoJack's newly released next generation, self-powered stolen vehicle recovery technology, which offers several advantages that make it ideally suited to classic cars. One key benefit is that the self-powered LoJack for Classics does not draw energy from a vehicle's battery, and as such does not need to be connected to the vehicle's electrical system. LoJack for Classics leverages the company's proven Radio Frequency technology, is directly integrated with police and is highly covert – all of which have enabled LoJack to deliver a better than 90 percent recovery success rate for cars and trucks for more than 20 years.

Additionally, LoJack offers a personalized installation process to meet the specific needs of classic car owners. The system is installed by select, certified LoJack installers, who take the utmost care to preserve the integrity of the car's interior and exterior. This covert system can be hidden in one of a variety of locations, which can be specified by the vehicle owner.

"As a former police auto theft detective and the owner of several classic cars, I know just how vulnerable classic cars are to theft," said Ted Saraf, LoJack Law Enforcement Liaison. "Theft of vintage cars is a lucrative business most often done at the hands of professional thieves, who can make as much as a few hundred thousand dollars on these vehicles. And, since the recovery rate of stolen vehicles is at a 25-year low, it is even more critical now to protect these valuable cars from theft. This new system will provide my fellow classic car owners with a powerful means not only to protect their vehicles, but to get them back if they're ever stolen."

How Thieves Steal Classic Cars

The stealing of classic cars is most often a very targeted form of theft. Cars are often "stolen to order," in which case a buyer has specified a make/model and the thief targets and steals that particular vehicle. Since these thieves are professionals, they can typically disengage anti-theft devices such as alarms and kill-switches, rendering them ineffective in protecting the vehicle. Once the vehicle is stolen, thieves often change the Vehicle Identification Number and re-sell the vehicle in the U.S. In other cases, cars are stripped down and shipped overseas, where they are reassembled and re-sold.

This form of theft can also be quite dangerous, with thieves actually entering a car owner's home. In many cases, professional thieves identify a specific car to steal, follow the car owner home and steal the car directly from the owner's garage. Thieves often roll the car out of the garage, place it on a trailer and haul the car away. The very nature of this form of theft makes a strong case for protecting these cars with a proven stolen vehicle recovery system.

Pricing and Availability

LoJack for Classics is available immediately through https://store.lojack.com/. The Manufacturer's Suggested Retail Price is a one-time cost of $695. For more information, please visit www.lojack.com, www.facebook.com/LoJackCorp or http://twitter.com/LoJackCorp .

About LoJack Corporation

LoJack Corporation, the company that invented the stolen vehicle recovery market more than two decades ago, is the global leader in finding and recovering a wide range of mobile assets including cars, construction equipment and motorcycles -- having recovered more than $5 billion USD in stolen assets worldwide. In today's rapidly changing world, LoJack's core competencies are more valuable and more relevant than ever as they are now being applied into new areas, such as the prevention, detection and recovery of stolen cargo and finding and rescuing people with cognitive disorders such as Alzheimer's and autism. LoJack has the proven processes, ultimate technology for recovery -- Radio Frequency -- and unique integration with law enforcement agencies, making its offerings the most effective solutions that not only deliver a wide range of recoveries, but also enhance the safety of the public on a global level. LoJack's Stolen Vehicle Recovery System operates in 28 states and the District of Columbia, and in more than 30 countries throughout North America, South America, Europe, Africa and Asia. For more information, visit www.lojack.com.

Related Links

LoJack Store

LoJack's Facebook Page

LoJack for Classics Page