How much are they selling stolen catalytic converters worth?

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.

What are the most valuable catalytic converters to steal?

What are thieves doing with stolen catalytic converters?

Stealing a catalytic converter is easy: Thieves slide under the car and slice through the exhaust system using a battery-powered saw in 30 seconds to a minute, Glawe says. They then sell the part to a scrap metal yard for between $150 to $300.

Where can I get the most money for my catalytic converter?

In short, scrap yards are your best bet for selling your catalytic converter because they will focus on the value of the metals in your cat, not your cat as an auto part.

Does insurance cover stolen catalytic converters?

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.

How Much Is A Catalytic Converter Worth? Scrap Recycling Guide

Which cars are least likely to have catalytic converters stolen?

American brands such as Ford, Chevy, Jeep, Dodge, and Chrysler tend to have less valuable catalytic converters and are therefore less likely to get stolen. Some Nissan, Hyundai, Mazda, and Subaru models also fall into this category. Many brands used cat designs that limited how many precious metals were inside.

Why are Honda catalytic converters stolen?

Catalytic converters are often stolen because they are valuable to scrap metal dealers. These converters contain precious metals like rhodium and platinum.

Which catalytic converters bring the highest scrap price?

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. Moreover, the F430 needed two of them, so a full replacement would run car owners $7,540 before labor costs.

What kind of cars do Thieves target for catalytic converter?

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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.

How much is a Honda catalytic converter?

Honda Accord Catalytic Converter Replacement Cost Estimate. The average cost for a Honda Accord catalytic converter replacement is between $2,273 and $2,326. Labor costs are estimated between $99 and $124 while parts are priced between $2,174 and $2,202.

Why do thieves target catalytic converters?

Thieves target catalytic converters because of the value of the metals found inside the devices. Catalytic converters are typically made up of three precious metals: platinum, palladium and rhodium. The value of all three metals have risen sharply in price in the last decade.

How do I sell a catalytic converter?

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 many catalytic converters are stolen each year?

According to the National Insurance Crime Bureau (NICB), there were 3,389 reported catalytic converter thefts in 2019. That reported number skyrocketed to 14,433 in 2020. NICB President David Glawe said there has been a significant increase in thefts since the beginning of the COVID-19 pandemic.

How do thieves steal catalytic converters?

How Do Thieves Take Them? Unfortunately, stealing a catalytic converter is very easy to do. Thieves usually slide underneath a car with a battery-powered reciprocating saw and cut it right out of the exhaust line. It takes about 2 to 3 minutes and makes as much noise as any other power tool.

How much is a catalytic converter worth on the black market?

According to The Pew Charitable Trusts, a global non-profit organization with a focus in public policy, criminals typically sell stolen catalytic converters for $50-$500 to internet buyers or scrapyards.

What cars do they steal catalytic converters from?

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.

How much gold is in a catalytic converter?

Catalytic converters contain Platinum, Rhodium and Palladium. However, there is no gold in catalytic converters.

What is a 2003 honda catalytic converter worth?

The average current price for new "2003 honda odyssey catalytic converter" is $200 from the last 240 listings.

How much is a 2005 Honda Accord catalytic converter worth?

We currently carry 34 Catalytic Converter products to choose from for your 2005 Honda Accord, and our inventory prices range from as little as $215.99 up to $1,285.99.

How much is a 1998 Honda Accord catalytic converter worth?

No matter the situation, Advance Auto Parts has the Catalytic Converter product you desperately need. We currently carry 25 Catalytic Converter products to choose from for your 1998 Honda Accord, and our inventory prices range from as little as $228.99 up to $1,297.99.

How much is a 2000 honda catalytic converter worth?

The average current price for new "2000 honda accord catalytic converter" is $216 from the last 240 listings.

How much is a 2000 Honda CRV catalytic converter worth?

The average current price for new "2000 honda crv catalytic converter" is $104 from the last 240 listings.