Debt Free In 30

Did you know a car is stolen every 5 minutes across Canada? Car thefts and VIN scams are on the rise.  Michael Rothe, President and CEO of Canadian Finance & Leasing Association, joins Doug and discusses Canada’s auto theft epidemic.  They explore topics such as re-vinning, the impact of stolen vehicles on insurance premiums, steps to take if you unwittingly purchase a stolen vehicle, precautions against potential car theft, and government enforcement. This discussion is essential for Canadian vehicle owners looking to stay safe and understand what actions to take in case of a car theft and how to prevent yourself from falling victim. Timestamps: 00:00 Introduction 02:10 The latest update on car thefts in Canada 04:40 How many stolen vehicles end up departing Canada? 06:14 What is a VIN number and what is re-vinning?                10:44 What happens if you purchase a stolen used vehicle? 12:25 What is the solution to prevent car thefts? 17:45 What measures can individuals take to defend themse