He got his stolen vehicle back, but even after repairs, it won't sell
It's another headache for drivers who have a vehicle stolen, what to do if they want to sell after their stolen vehicle was damaged and then recovered.
For one Ottawa man, that was the dilemma after his 2022 RAV4 hybrid was stolen right out of his driveway in October.
- Sign up now for daily CTV News Ottawa newsletters
- The information you need to know, sent directly to you: Download the CTV News App
"It was three in the morning, we were all asleep," said Joe Karam, who lives in the Ottawa suburb of Barrhaven. "We woke up the next morning, came down, opened the door and sure enough, the car was gone instantly."
Karam was in the process of making an insurance claim and getting a replacement vehicle.
"We got the phone call that the Quebec police had actually recovered the vehicle in Quebec, about half an hour outside of Montreal," he said.
That's where things got complicated. Karam says the vehicle was badly damaged and needed thousands of dollars in repairs. He decided to sell it after the work was done and replace it with a new car.
"I actually went out and bought a new car because we didn't know what to do. And so I figured once we got the car back, I would put it up for sale because it's a hot item saleswise and will go instantly, and that's where we had the problems with it," he said.
Karam says the vehicle wouldn't sell to dealerships because of the damage history. He was hoping to get nearly $40,000 for it.
"They put on auction at street values between $40,000 and $43,000 because it's a hybrid. Top line, top of the line auction came back $18,800," he said.
So the stolen, repaired vehicle sits in his driveway unsold. He doesn't want it, but also doesn't want to take a huge hit on the value of the car, another cost of the stolen vehicle epidemic.
"Don't buy anything that's on the top ten list of stolen vehicles because if you plan on keeping it, if it's recovered, perfect, but if you want to sell it, good luck. Just keep that in mind," he said.
Karam says it's a consumer warning for anyone looking to get rid of a vehicle that was severely damaged after being stolen.
CTVNews.ca Top Stories
Winnipeg man admits to killing four women, argues he's not criminally responsible
Defence lawyers of Jeremy Skibicki have admitted in court the accused killed four Indigenous women, but argues he is not criminally responsible for the deaths by way of mental disorder – this latest development has triggered a judge-alone trial rather than a jury trial.
Teacher charged in historical sexual assault of Calgary teenage girl
Calgary police have charged a teacher with the alleged sexual assault of a teenage girl more than 20 years ago.
Mediterranean staple may lower your risk of death from dementia, study finds
A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists.
An El Nino-less summer is coming. Here's what that could mean for Canada
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
Man banned from owning animals after fatal Calgary dog attack
The owner of three Calgary dogs that got loose and mauled a woman to death in 2022 has been ordered to pay a $15,000 fine within one year and banned from owning any animal for 15 years.
East-end Ottawa family dealing with massive rat infestation
Residents in Ottawa’s Elmridge Gardens complex are dealing with a rat infestation that just won’t go away. Now, after doing everything they can to try to fix the issue, they are pleading with the city to step in and help.
DEVELOPING Israel says Hamas deal is 'far' from meeting its demands as Rafah offensive looms
Israel said the terms of a ceasefire deal Hamas accepted on Monday remained 'far from' meeting its demands and warned its military operations in Rafah would continue, even as it sent negotiators to talk to mediators.
2024 Met Gala: Everything to know about fashion's annual soiree
Fashion's biggest night out — hosted at the Metropolitan Museum of Art in New York each year on the first Monday of May — is both a forever-evolving spectacle and a carefully crafted event.
Concern over speeding in Fredericton neighbourhood grows after 2 teens, young adult killed in crash
Three people – including two teens – are dead, and two others are injured after a crash that has left a greater Fredericton community shaken.