How Much Money Can You Get From Scrapping A Catalytic Converter?


This varies by car and the condition of your catalytic converter. Still, on average, scrap catalytic converters are worth between 300 $ to 1500 $ when sold as scrap at your local wrecking service. In today’s world, catalytic converters are no longer being sold as part of a car.

Is it worth scrapping a catalytic converter?

If the catalytic converter you have has been replaced and you are looking to scrap the original from the vehicle, you can expect a higher price for scrap value. If you have an aftermarket catalytic converter (installed after factory construction of the vehicle), you can expect to get a lower price for scrap value.

What is the highest paying scrap catalytic converter?

Which Catalytic Converters Are The Most Expensive? According to data from 2020, the most expensive catalytic converter belonged to the Ferrari F430, with a mind-popping $3,770.00 price tag.

Can you make money recycling catalytic converters?

Recyclables allow even the smallest business to make money selling old parts especially the catalytic converter. A main character in reducing emissions and pollutants produced by the combustion engine, a catalytic converter is imparted with the precious metals Platinum, Rhodium, and Palladium.

What car has most catalytic converters stolen?

Carfax data shows that the Ford F-Series trucks that sit atop the national list for converter theft (their high ground clearance makes them especially easy to purloin in this regard) are the most targeted models in all parts of the country except western U.S. states.

What are the most valuable catalytic converters to steal?

Luxury vehicles

The Most Valuable Catalytic Converter Prize goes to the Ferrari F430, coming in at a whopping $3,770 each. The F430 has two converters, so they’re a pretty big target for thieves. Lamborghinis also have incredibly pricey catalytic converters, averaging at about $3,000.

How much do thieves sell catalytic converters for?

A catalytic converter stolen from some hybrid models can sell online for as much as $1,500 because it contains a larger amount of rhodium, which is resistant to corrosion and currently sells for more than $15,000 an ounce.

How can I make money with a catalytic converter?

  • Local scrap yards.
  • eBay as used automobile parts.
  • Exhaust repair shops and muffler companies.
  • Performance enhancement garages.
  • Auto mechanics.
  • Used car dealers.
  • How much is a catalytic converter worth?

    Key Takeaway: Your catalytic converter replacement could cost as much as $3,000. The catalytic converter gets its value from the precious metals located inside.

    Why are Honda catalytic converters stolen?

    Why do thieves target Honda cars? Honda cars are a target because they have hybrid systems. The catalytic converters of Honda cars will fetch more price when resold. Thieves who remove them with jacks and angle grinders find them relatively easy to steal.

    Why are Prius catalytic converters stolen?

    Currently, Prius is being targeted because catalytic converters of hybrids need more of the precious metals to work properly because they don’t get as hot as those installed on conventional vehicles, since the combustion engines of hybrids only run part of the time.

    Which cars do they steal catalytic converter?

    Those vehicles most often targeted for catalytic converter theft during the past three years in California are the Toyota Prius, Honda Element, Honda Accord, Ford Econoline, Honda CRV, Ford F-250, Toyota Tundra, Toyota Sequoia, Ford Excursion and the Toyota Tacoma.

    Why do people steal catalytic converters?

    According to multiple sources, money is the main motivation for people stealing catalytic converters. According to NJ.com, they have precious metals like platinum and rhodium in them that have value on the black market. Cars.com also mention that the devices have palladium.

    How do you extract platinum from a catalytic converter?

    To remove the platinum coating on the catalyst pieces, the catalyst pieces must be removed from the converter. This is done simply by turning up the catalytic converter lengthwise and pounding on one end with a blunt instrument until the catalyst pieces start to fall out of the lower, open end of the converter.

    How much precious metal is in a catalytic converter?

    Although the quantities vary by model, on average, only one standard catalytic converter contains about 3-7 grams of platinum, 2-7 grams of palladium, 1-2 grams rhodium. That provides serious gains when tons of scrap catalytic converters are recovered.

    How long does it take to steal a catalytic converter?

    Thieves can remove a catalytic converter quickly, often in less than two minutes, so theft can even occur in broad daylight. The only tools a thief needs are a wrench (for converters that are bolted on) or a reciprocating saw (for converters that are welded in). Some thieves bring a mechanic’s creeper.

    Can a car run without a catalytic converter?

    As part of a car’s exhaust system, the catalytic converter helps to reduce air pollution. You will not harm your engine or your car in any way by driving without a catalytic converter.

    How do I protect my car from catalytic converter theft?

  • 1) Etch your license plate number onto your catalytic converter. This makes the part identifiable to law enforcement.
  • 2) Park in well-lit areas.
  • 3) Install an anti-theft device.
  • What happens if my catalytic converter is stolen?

    If you find your catalytic converter is missing, you should immediately contact the authorities. They will check local security cameras and work to see if they can help catch the person who stole your converter. Additionally, a police report may be essential to your insurance coverage.

    How do I know if my catalytic converter was stolen?

  • Loud roar when you start the car, louder as you accelerate.
  • Increase in exhaust fumes, or unusual exhaust smells.
  • Missing parts under vehicle leading to muffler.
  • Uneven or sputtering acceleration due to lack of exhaust regulation.
  • How much platinum is in a catalytic converter?

    There are between 3-7 grams of platinum group metals in a standard catalytic converter, but the amount varies based on manufacturer and model. In terms of the extent to which they are used, there are generally around 3 to 7 grams of PGMs in a standard catalytic converter.

    Is a stolen catalytic converter covered by insurance?

    Is a stolen catalytic converter covered by insurance? If you have comprehensive coverage on your auto insurance policy, then you’re typically covered against catalytic converter theft. Comprehensive coverage will typically pay to replace the stolen catalytic converter and repair any related damage from its removal.

    What part of a catalytic converter is worth money?

    Small amounts of rhodium are also found within a catalytic converter. Rhodium, like platinum and palladium, is very rare and valuable. Even though the monolith is the most valuable part, recyclers are almost always buying the full converter and extract the ceramic themself in order to avoid depreciation or fraud.

    Why are catalytic converters so valuable?

    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.

    What do you need to sell a catalytic converter?

    Business to Business Requirements

    Such information includes: (1) Business Name; (2) Physical Address; (3) Telephone Number; and (4) Business License, Tax ID Number, or Auto Repair Dealer License. In addition, KBI is required to capture a Valid Driver’s License from any individual delivering a converter to its location.

    Which cars are least likely to have catalytic converters stolen?

    In short, the only vehicles on the road today that don’t use converters at all are all-electric vehicles, which recharge their batteries by plugging in and consuming no gasoline or diesel. Non-plug-in hybrids and plug-ins alike use catalytic converters, as do all hybrid vehicles that run on gas or diesel.

    Do Thieves Steal aftermarket catalytic converters?

    If your Catalytic Converter has been replaced with an aftermarket Catalytic Converter within the past few years, there is a good chance it won’t be stolen. The new aftermarket Catalytic Converters don’t have as much of the precious metals, so thieves typically don’t take them.

    How much is a Honda CRV catalytic converter?

    The average cost for a Honda CR-V catalytic converter replacement is between $2,059 and $2,092. Labor costs are estimated between $122 and $154 while parts are priced at $1,938.

    How does Honda CRV prevent catalytic converter theft? (video)

    https://www.youtube.com/watch?v=wzdqrKiMHfI

    How much is a Prius catalytic converter worth scrap?

    Best Covid-19 Travel Insurance Plans. For example, the recent scrap price for a catalytic converter used in the 2004-09 second-generation Prius 1.5 was $1,022, according to AutoCatalystMarket.com.

    How much do thieves get for a Prius catalytic converter?

    Data available from marketplace website AutoCatalystMarket.com shows that the average scrap price for a GD3+EA6 catalytic converter found in a second-generation Prius is $1,022.

    What year Prius catalytic converters are being stolen?

    Thieves are specifically targeting 2004-2009 Prius, though model years up to 2015 have experienced increased theft of the catalytic converter. Even under lock and key, in lit parking lots, behind fences, under video surveillance, thieves are stealing these parts.

    What is 1g of platinum worth?

    AdvertisementPlatinum Price Per Ounce in US Dollar

    Gram US Dollar US Dollar
    1 Gram = 30.22 USD 1 USD =
    2 Gram = 60.44 USD 2 USD =
    5 Gram = 151.11 USD 5 USD =
    10 Gram = 302.22 USD 10 USD =

    How much is 5 grams of platinum?

    Platinum 5 gram bar Melt Value

    The melt value of one Platinum 5 gram bar bar is $155.34 based on the current platinum spot price.


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