Why do people steal catalytic converters?

Noe Kozatek asked, updated on September 1st, 2021; Topic: catalytic converter
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>Catalytic Converter theft has become popular because of their value, relative ease to steal (unbolt or cut out), and their lack of identifying markings. ... Thieves take the stolen Catalytic Converters to metal recyclers. The recyclers pay up to $120 for some converters for the precious metals inside them.

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In any event, what is in a catalytic converter that is so valuable?

Soaring palladium prices are inspiring an unusual band of criminals: catalytic converter thieves. ... They use metals such as palladium, rhodium and platinum to transform the pollutants into less harmful types of exhaust.

In every case, how can I prevent my catalytic converter from being stolen? What Can I Do to Protect My Car's Catalytic Converter?

  • When possible, park in well-lit areas and close to building entrances.
  • If you have a garage at your house, park your car inside and keep the garage door shut.
  • Have the catalytic converter welded to your car's frame, which may make it harder to steal.
  • Hence, which cars are most likely to have catalytic converter stolen?

    According to Admiral, hybrid cars are targeted the most because their catalytic converters contain a higher concentration of precious metals and are generally less corroded. Lorna added: "Our data shows the most susceptible cars to catalytic converter theft are the Honda Jazz, Toyota Prius, Toyota Auris and Lexus RX.

    How much is a catalytic converter worth scrap?

    Metal/MaterialCurrent Price
    Exotic Cat Exotic catalytic converters are from foreign cars. GET QUOTE VIEW METAL DETAILS$225-$450/each
    High Grade Domestic Cat Off domestic cars. GET QUOTE VIEW METAL DETAILS$145-$181/each
    Pre-Domestic Cat Pre-Domestic Cat. GET QUOTE VIEW METAL DETAILS$27-$51/each

    12 Related Questions Answered

    How much gold is in a catalytic converter?

    Catalytic converters contain Platinum, Rhodium and Palladium. However, there is no gold in catalytic converters. Content will vary significantly depending on the vehicle model, but on average the ceramic weight is approximately just less than 1 kg, and the precious metal content is between 0,2% and 0,5%.

    How much is the platinum in a catalytic converter worth?

    At the very least, a small used catalytic converter will have about 4 grams of platinum in it. Doing the math, this means that this part contains about $125 worth of platinum. It'll be worth even more if it has small amounts of palladium or rhodium.

    How much is a BMW catalytic converter worth?

    I would say you have anywhere from $250-$300 worth of converters. I will also by them if you want to ship them. Thx! Most buyers will grade the BMW cat as exotic, or possibly extra large foreign if they don't have an exotic category.

    What is the most expensive scrap catalytic converter?

    Catalytic converters have economic value as they contain precious metals. This is the main reason why they are sold as the most expensive scrap. Because it contains rhodium, palladium and platinum, which are among the most precious metals.

    How do you tell if my catalytic converter has been stolen?

    Here are 5 signs that your catalytic converter may be compromised:
  • Your vehicle does not accelerate when you apply the gas.
  • Your vehicle doesn't start.
  • Your fuel efficiency suddenly drops.
  • Your Check Engine Light comes on.
  • Your vehicle fails its state emissions test.
  • Can a car run without a catalytic converter?

    But to answer your question directly, your vehicle will still run just fine without catalytic converters installed. ... Cats do not actually help the engine run in any way. All they do is clean up the emissions.

    Does insurance cover stolen catalytic converters?

    Because the catalytic converter is part of the vehicle that's permanently installed, its theft will be covered under the vehicle's comprehensive coverage. This means that vehicles with a liability-only policy cannot be covered for any type of theft or vandalism. ...

    How easy is it to steal a catalytic converter?

    An Easy Grab and Go Thieves can remove a catalytic converter quickly, often in less than two minutes, so theft can even occur in broad daylight. ... Then all they do is slide under the vehicle, remove the bolts holding the converter, and take it. Thieves can remove the unit within a minute or two.

    What cars have their catalytic converters stolen?

    All petrol and diesel cars have catalytic converters, but thieves target older model hybrids, for example my 2012 Prius and others such as the Honda Jazz, because they are easier to access and contain larger amounts of the metals.

    What cars are hardest to steal?

    Here's a list of 20 cars that no sane car thief would want to target.
    • 15 Impossible To Steal: 2017 Nissan Leaf.
    • 16 Impossible To Steal: 2020 BMW X3. ...
    • 17 Impossible To Steal: 2019 Land Rover Discovery. ...
    • 18 Impossible To Steal: Tesla Model X. ...
    • 19 Impossible To Steal: Jaguar XF. ...
    • 20 Impossible To Steal: Tesla Model S. ...

    What are the best catalytic converters to scrap?

    Learning About Catalytic Converter Pricing
    • PlatinumPlatinum being used tends to be the best metal for overall performance in the catalytic converter field. ...
    • Palladium – Generally more expensive to use then Platinum, so it tends to be a higher-end luxury item for catalytic converters.

    What do you do with old catalytic converters?

    You can ship your used catalytic converters directly to Specialty Metal Smelters & Refiners for recycling. We'll recycle them for you and write you a much bigger check than a local catalytic converter company can – and it's easy. It's not difficult or expensive to ship them to us.