How much do thieves pay for catalytic converters?

All prices are highly volatile and fluctuate regularly. Catalytic converter thieves can see returns of around $150 to $1500 for a catalytic converter, depending on the type of catalytic converter stolen. Scrap yards will buy them and have their metals recovered to sell again.

What cars are most likely to get catalytic converter stolen?

Hybrid cars like the Toyota Prius have higher standards for cleaning emissions, so their converters are more expensive and are primarily targeted by thieves. Older rides produced after 1974 also have more metals inside their catalytic converters, and luxury models like Lamborghinis and Ferraris.

What catalytic converters do thieves look for?

Catalytic converters contain numerous rare earth metals, such as platinum, palladium, or rhodium, according to the NICB. Those rare earth metals are the key driver in theft, said David Glawe, the president and CEO of the National Insurance Crime Bureau told the PBS NewsHour's Nicole Ellis.

What is the street value of a catalytic converter?

Typically, a reseller will pay anywhere from $50 to $250 for a catalytic converter. According to the Universal Technical Institute, a typical converter will include between three and seven grams of platinum, between two and seven grams of palladium, and between one and two grams of rhodium.

How do thieves sell catalytic converters?

Thieves steal these devices and sell them on the black market where they are later harvested for their precious metals at illegal processing facilities. The cost to replace a catalytic converter ranges between $500 and $4,000 depending on factors such as the type of vehicle you own and your insurance coverage.

Catalytic converter thief run over by car he attempted to steal from: Sheriff's Department

How long does it take to steal a catalytic converter?

Stealing a converter takes just a few minutes and a battery-operated saw. "You slide under the car, slice through your exhaust system, and you're in and out usually within 30 seconds to a minute," Glawe said.

Do thieves want catalytic converters from old cars?

Catalytic converter theft has exploded – jumping more than 1,000% in just a few years. Thieves are removing catalytic converters from vehicles large and small, cutting them away from beneath the vehicle.

How much can you get for 1 catalytic converter?

Catalytic converter worth can range from $800 to $1200. Let's take a look at some factors that drive scrap catalytic converter pricing: The precious metal composition of the car part influences catalytic converter scrap prices.

Who pays the most for catalytic converters?

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.

How much is a single catalytic converter worth?

The average catalytic converter ranges between $800 and $1,200, depending on the vehicle's make and model. In general, the larger the engine, the more expensive the converter.

Does painting catalytic converter prevent theft?

Marking your catalytic converter with paint associates it with a jurisdiction and helps prevent theft. The markings also alert scrapyard and recycling businesses the catalytic converter may have been stolen, police add.

How do you stop criminals from stealing your catalytic converter?

Park in well-lit areas close to public entrances, regularly move your car's spot or use a closed garage. Install an anti-theft device. Install motion-sensitive lights and cameras in your parking area. Paint your catalytic converter to deter buyers – some local police departments even offer free programs for painting.

Do thieves want aftermarket catalytic converter?

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.

What is the hardest car to steal a catalytic converter from?

What cars are least likely to have catalytic converter 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.

Which state has the most catalytic converter theft?

California is coming in at number one with the highest amount of catalytic converter thefts across the country according to a new report.

What type of insurance covers a stolen catalytic converter?

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.

Why do scrap yards buy stolen catalytic converters?

The Appeal of Catalytic Converters

Catalytic converters contain platinum, rhodium, and palladium. The metals are expensive, and thieves sell the converters to scrap yards for several hundred dollars per piece, depending on the size of the converter and the current rate on the metals inside it.

What scrap pays the most?

How much is a Ford F150 catalytic converter worth scrap?

In general, many organizations will pay between $200 and $750. Much of this price comes from the platinum in the converter, so an in-tact or newer F150 catalytic converter will scrap for more.

What are the easiest catalytic converters to steal?

The common consensus seems to be that the Prius, Tacoma, Lexus SUVs, and the Accord are some of the most targeted cars for catalytic converter theft. So if you own one of these, make sure your car is locked up safe and sound.

Do you call the police if your 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.

Can a stolen catalytic converter be traced?

They can be stolen in less than a minute. Additionally, catalytic converters often lack unique serial numbers, VIN information, or other distinctive identification features, making them difficult to trace to their lawful owner.

Who is buying catalytic converters?

With G&D Cats, you can sell your used catalytic converters in California and get the highest scrap value. Call us at +1(503) 855 3953 or fill out our easy online form today.