How much is a catalytic converter worth on 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.

How much scrap value is a catalytic converter?

Catalytic converters' scrap prices range drastically, from just $25 for an aftermarket cat all the way to $1100 for large and rare models.

How much is a catalytic converter worth street value?

Typically, recyclers will pay $50 to $250 per catalytic converter.” Rockaway Recycling has a list of catalytic converter scrap prices ranging from small amounts to several hundred dollars — up to $543 for foreign car catalytic converters. If your catalytic converter gets stolen, you'll have to replace it.

How much do thieves sell catalytic converters for?

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. It can cost you on average up to $2000 to replace a catalytic converter, and it is illegal to drive your car without one.

Which cars have the most stolen catalytic converters?

How Much Is A Catalytic Converter Worth? Scrap Recycling Guide

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.

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.

Can I sell my catalytic converter?

One of the perks that should motivate you to recycle your catalytic converter is the lucrative return you can receive. Catalytic converters are full of precious metals that can be recycled, and metal recycling plants are willing to pay top dollar for your cat converter.

How much is a Toyota catalytic converter worth scrap?

Toyota catalytic converters' worth can range from $75 and $700 when sold as scrap.

What happens to stolen catalytic converters?

In the current market, catalytic converters can be resold to recyclers for as little as $50 or to precious metal dealers for as much as thousands of dollars per ounce, reported the National Insurance Crime Bureau (NICB).

How much are Ford catalytic converters worth?

Current new. The average current price for new "ford catalytic converters" is $250 from the last 240 listings.

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 Toyota 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.

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.

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 do thieves sell stolen catalytic converters?

Thieves target vehicles like Toyotas, Fords and Hyundais getting under the car to cut the catalytic converters, sometimes in less than a minute. The converters are then sold to junkyards and scrap yards for a couple of hundred dollars. For you to replace it though can cost over $2,000.

Why thieves want your catalytic converter?

Thieves target catalytic converters because they contain precious metals. Catalytic converters are vulnerable because they're quick and easy to steal. Catalytic converters are expensive to replace.

How much is a scrap Prius catalytic converter worth?

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.

What is a 1997 Toyota Camry catalytic converter worth?

We currently carry 27 Catalytic Converter products to choose from for your 1997 Toyota Camry, and our inventory prices range from as little as $215.99 up to $1,672.99. On top of low prices, Advance Auto Parts offers 2 different trusted brands of Catalytic Converter products for the 1997 Toyota Camry.

How much gold is in a catalytic converter?

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

How much platinum is in a f150 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.