Which is why criminals do not charge half of its used value -- they charge 100% of the used value just like everyone else.
You cannot tell a stolen bike on craigslist apart from a non-stolen bike based on the price alone.
The problem of stolen cars is addressed through licensing and registration. Not to mention, bicycles do not have a reliable and standardized VIN system like cars do. The fact is, the hassle of creating and enforcing such a system probably outweighs the positive aspects of preventing bike crime.
Which is why criminals do not charge half of its used value -- they charge 100% of the used value just like everyone else.
You cannot tell a stolen bike on craigslist apart from a non-stolen bike based on the price alone.
The problem of stolen cars is addressed through licensing and registration. Not to mention, bicycles do not have a reliable and standardized VIN system like cars do. The fact is, the hassle of creating and enforcing such a system probably outweighs the positive aspects of preventing bike crime.