How much is a catalytic converter on the black market?

The black-market price for catalytic converters can be above $1,000 each, depending on the type of vehicle and what state it is from. They can be stolen in less than a minute.

How much is a catalytic converter worth for stealing?

A stolen catalytic converter can generate $25 to $500, according to a 2021 report by the Congressional Research Service, and could cost an owner $3,000 to replace the part.

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 much is a catalytic converter worth on the open market?

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.

How much cash can you get from a catalytic converter?

Thanks to the increasing prices of the precious metals used in the production — i.e, platinum, rhodium and palladium — an ill-gotten catalytic converter can “typically” fetch between $50 and $250 when sold to an unscrupulous recycling facility, according to the National Insurance Crime Bureau (NICB).

VIDEO: Black market for catalytic converters is growing

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.

What are thieves selling catalytic converters for?

Catalytic converters – which helps a car clean its exhaust – have become a target for theft in large part because of the price of precious metals, like palladium and platinum, that are used in the parts.

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.

What cars have the most valuable catalytic converters for scrap?

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

Victims are left with an expensive dilemma that can cost thousands of dollars to repair. Meanwhile, thieves fence these stolen devices to middlemen who buy the converters for between $100 and $300 per unit and then turn them around to recyclers who net even bigger profits.

What are the easiest catalytic converters to steal?

The vehicles most appealing to the converter hunters are trucks and SUVs, especially the Toyota Tacoma, the Honda CRV, and the Ford F-250. Their converters are close to the edge, and it is easy to get under the car with an instrument due to the extensive clearance.

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.

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.

What metal in a catalytic converter is worth the most?

"It's platinum, palladium, and rhodium. You have platinum for around $800 or $900 dollars an ounce. You have palladium for around $2,200 an ounce.

Are old catalytic converters worth anything?

Are your old catalytic converters worth money? Yes, they are! Indeed, they contain some precious metals that are rare and valuable. Thus, consider recycling them instead of throwing them away!

How much do thieves pay for catalytic converters?

A stolen catalytic converter can generate $25 to $500, according to a 2021 report by the Congressional Research Service, and could cost an owner $3,000 to replace the part. Among the most targeted vehicle types and models are the Ford F-Series, Honda Accords and Toyota Priuses.

What's the best catalytic converter to scrap?

How much is a scrap RV catalytic converter worth?

RV catalytic converter scrap is now worth around $200-$600 per unit with some being worth as much as $1000. The reason these parts are so valuable is because they contain precious metals like platinum that assist in the process of breaking down harmful chemicals.

What do crooks do with catalytic converters?

Catalytic converters contain metals that are more precious than gold, such as platinum, rhodium and palladium. When stolen, thieves take the part to a scrap yard or recycler in exchange for cash. Wilders auto repair shop says nearly 20 catalytic converters were stolen over the past year in three different instances.

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.

What states have the most catalytic converters stolen?

How much is a Ford F150 catalytic converter worth in scrap?

What is this? 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.

Can a car run without a catalytic converter?

Technically, a car can function without a catalytic converter. However, this is not a sustainable long-term option.

What cars have no catalytic converters?

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.