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I expect the police know more about this than you do. This is their turf.
The police can also be technically inept and put out bad information when it comes to phones and computers. Tracking cars for home burglary I can understand, but I don't get how AirTags is even needed or useful for car thefts. If the thieves already have physical access to said expensive car, why can't they steal it where they found it or physically follow it home? Even if they do need a tracker to steal that car, why not use one that doesn't risk notifying the owner that someone else's AirTag is with them?
 
The police can also be technically inept and put out bad information when it comes to phones and computers. Tracking cars for home burglary I can understand, but I don't get how AirTags is even needed or useful for car thefts. If the thieves already have physical access to said expensive car, why can't they steal it where they found it or physically follow it home? Even if they do need a tracker to steal that car, why not use one that doesn't risk notifying the owner that someone else's AirTag is with them?
I think the key point here is that cops have actually found AirTags on cars, so naturally that's what they're focusing on. It's unclear whether there's any direct evidence of them being used for thefts, or whether the cops are just assuming that AirTags flund by owners are being used for this purpose. We don't know in the case of the York police report whether the AirTags were found by owners or in a vehicle that was recovered from thieves. Even if these were only reported by the owners, it's probably a fair assumption that they're being used by crooks.

You're right that it doesn't make much sense to use AirTags to steal a single car, but it's safe to say that these are being used by organized car theft rings that are out to do a volume business.

Stealing a car from a mall parking lot draws too much attention. Stealing multiple cars from a mall parking lot draws even more. The best time to do this is under cover of darkness. Most car thefts — at least those in this area — happen in the wee hours of the morning, when everybody is basically asleep.

Physically following a car home takes a lot more time. Sure, that's fine for stealing one car, but if you're looking to pick up a dozen or more in one night, you don't have time to follow them all home. After all, it's fair to say that most criminals are inherently lazy, especially those on the lower rungs of the ladder. The game is about maximum payoff for minimum effort. If crooks were willing to do real work for their money, they probably wouldn't be stealing cars in the first place.

As the cops said in their bulletin, before AirTags came into the picture, most cars were stolen by thieves driving around neighbourhoods late at night looking for targets. They're probably still doing that, but this presumably makes it even easier. The crooks can basically wander through a mall parking lot, pick out their intended targets, and quite literally "tag" them for later. Then they can organize the pickups more efficiently by going straight to the target vehicles.

Not every one is going to pay off, of course. Some will be in garages, or have other security systems in place which make them not worth bothering with. Some of the AirTags will also be found before they can be of any use — although keep in mind that if you don't see the "Unknown AirTag" alert until you get home, it's already too late to hide. Some people may take extra precautions after seeing that, but others might not understand why the AirTag was planted on their vehicle in the first place, and not everyone will think to call the cops right away. People can be naive when it comes to this kind of stuff (e.g. "Huh, this is weird. Maybe I should talk to somebody about it. Well, I'm tired, I'll deal with it in the morning...")

Still, however, this is another reason that AirTags are so attractive, since they're cheap and easily obtainable. Scatter a few dozen around cars in a mall parking lot, and even if only a few lead to stealable vehicles, the thieves still come out ahead.

According to the Toronto Star investigative report I linked to earlier, this also seems to be a team effort in many cases too. Groups of thieves are paid to steal the vehicles, drop them in a common location such as a park, and then go back and grab another one and do the same. Another group rounds up the vehicles in the park, taking further steps such as disabling their built-in GPS tracking, and then ferries them to their next destination, which is often a cargo container at a railyard to ship them out to their next destination. The days of local chop shops seem to be long over, as it's far more profitable — and less risky — to ship them overseas.
 
The absolute limit for AirTags per Apple ID is 16 btw. From then on you’d have to use different IDs and phones to run a scalable surveillance org.
 
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The absolute limit for AirTags per Apple ID is 16 btw. From then on you’d have to use different IDs and phones to run a scalable surveillance org.
Yup, that's true, and a very good point. However, considering how well-organized these crime rings seem to be, it wouldn't surprise me if they're doing exactly that. Hire multiple teams or two or three guys each, give them 16 AirTags and a cheap burner iPhone (remember that AirTags can be used with anything back to an iPhone 6s), and turn them loose to go pick up some cars.

Investigators with several police forces and insurance agencies in the GTA believe that this is how the car theft rings have been working for a few years now. Not the AirTags part, but just in general. They employ whatever hired hands they can find to grab the cars and drop them off at a collection point. They're paid on a per-car basis, and many of them are under 18 so they end up facing far less serious consequences if they're caught. It's easy work for a 17-year-old kid, who can make a couple thousand bucks in one night, depending on how many cars they can fetch.

At this point, however, the law enforcement folks I've spoken with say they aren't yet sure if the AirTags are part of a larger operation, of if it's just a few of these "freelancers" showing some initiative.
 
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Time to hit back by hiding an AirTag in your own car to track the thieves.

There must be cars stolen with a Tile tracker too, right?
 
This connection to theft and AirTags is a bit premature / isolated cases. If the cars are "stolen from the driveway" people could easily walk down a street see a nice car in the drive way and steal it! no AirTag required.

Or how about your license plate, in five minutes a thief will have your address, might cost the thief $25, maybe less.
 
Or how about your license plate, in five minutes a thief will have your address, might cost the thief $25, maybe less.
Doesn't quite work that way in Ontario. A normal plate search will only return the owner's name, not any personal address information. It's also delivered by mail, so it takes a couple of weeks to arrive — there's no online search service unless one has ties to law enforcement or other relevant agencies like insurance companies or fleet licensing outfits, although most of these don't usually return a specific address. I think only the MTO and law enforcement agencies can get access to that information.

Further, the plate search has to be paid for by a debit or credit card, and has to be delivered by mail, so it's traceable to someone, somewhere. Sure, there are easy enough ways for professional crooks to get around that, but it's ultimately still more trouble than it's worth, and of course it also never guarantees the car is going to be there when they actually go looking for it.
 
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Time to hit back by hiding an AirTag in your own car to track the thieves.

There must be cars stolen with a Tile tracker too, right?

Yup I bet as many if not more thefts can be caught using the very same tactic. It’s of course not worth a story as it wouldn’t shine a bad light on Apple.
 
I have to laugh at the thought of thieves using a $20 tracker to steal a “$500,000” car. One would think a thief would have a little more sophisticated method for such a high end vehicle. But then again, many of us complain about paying more than $10 for a case to protect our $1000+ phones, soooo…
 
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