Car thieves are not locavores, or the law of one price

The men who carjacked Dunkley on March 17 were professional thieves, members of a sophisticated transatlantic car theft ring, police said. Their plan — thwarted by Prince George’s County detectives who arrested them this month — was to ship her 2009 silver Toyota thousands of miles to Lagos, Nigeria, authorities said.

The story is here.  What is the incentive to steal?

In the Prince George’s ring, the thieves are paid according to the vehicles they carjack or steal — $1,500 for a Toyota Camry, $2,500 for a RAV4, $5,000 for a Porsche Cayenne…

Did you guess that tariffs on legitimately imported cars to Nigeria are quite high, much higher than those fees?


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