How much is a stolen Prius catalytic converter worth?

The most common car that has its catalytic converter stolen is the Toyota Prius Hybrid. These catalytic converters are very common to find and are more valuable than other converters because the precious metal loading inside is high. Thieves can fetch as much as $700 per converter from unscrupulous buyers.

How much is a Toyota Prius catalytic converter worth in scrap?

Toyota catalytic converters' worth can range from $75 and $700 when sold as scrap. The worth of a catalytic converter can vary depending on the car's make and model. Some of the most valuable catalytic converters come from the Toyota Prius.

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.

How much is my Prius catalytic converter worth?

Hybrids require catalytic converters with a higher concentration of precious metals than those found on gasoline-only cars. The HLDI notes that the converter from a 2007 Prius is selling for about $1,022 today, compared to just $143 for the converter used a Ford F-150 from the same year.

How much is a stolen catalytic converter worth?

Thieves can make anywhere from $25 to $300 for a standard catalytic converter, and ones from hybrid vehicles can sell for up to $1,400. These parts are also relatively easy to access from under the vehicle.

Stolen Prius catalytic converter? Open for an explanation.

What cars are most targeted for catalytic converter theft?

How much do criminals get for a catalytic converter?

Thieves, on average, can earn $200 per catalytic converter — about 1/10th of what it costs to replace a stolen one. And thefts happen quickly, usually taking only a minute or two.

Why do thieves steal Prius catalytic converters?

Car experts say since the Prius is a hybrid, the catalytic converter corrodes less than on other cars, keeping the precious metal coating in better shape. It's also one of the most expensive to replace, costing between $2700 and $4100. Thieves steal catalytic converters to get the precious metals rhodium and platinum.

What year of Prius have catalytic converter theft?

Photo courtesy of Toyota. Due to the precious metals contained in its catalytic converter, theft claim frequency for 2004-09 Toyota Prius models was a staggering 40 times higher in 2020 than in 2016, according to a recent analysis by the Highway Loss Data Institute (HLDI).

How do I know if my catalytic converter is stolen Prius?

Why are Toyota Prius catalytic converters so valuable?

“The demand is high for catalytic converters, and they seem to know which ones command the highest prices, like those on the older Priuses.” Prices have soared for metals like platinum, rhodium, palladium and others, due to lower mining production in recent years, a trend that was exacerbated by the pandemic.

How much is a 2008 Toyota Prius catalytic converter worth?

We currently carry 6 Catalytic Converter products to choose from for your 2008 Toyota Prius, and our inventory prices range from as little as $215.99 up to $773.99.

Can I claim on my insurance for a stolen catalytic converter?

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.

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 sell my catalytic converter for the most money?

Where is the best place to sell catalytic converters? The obvious answer is – a scrapyard. While selling your catalytic converter to a scrap yard may seem like a better option, be wary of those you sell to.

Which Prius is most likely to have catalytic converter stolen?

Thieves love this generation of the Toyota Prius for its catalytic converter. According to the Insurance Institute for Highway Safety (IIHS), a second-generation Toyota Prius is 40 times more likely to be subject to theft than a regular vehicle.

How do you park a Prius to avoid catalytic converter theft?

1. Park in a Garage. The only foolproof way to stop catalytic converter thieves at your home is to park inside a garage. They can't cut away and steal what they can't access.

How much is a 2010 Prius catalytic converter?

We currently carry 3 Catalytic Converter products to choose from for your 2010 Toyota Prius, and our inventory prices range from as little as $907.99 up to $1,209.99.

How much platinum is in a Prius catalytic converter?

Because catalytic converters contain three different Platinum Group Metals – platinum, palladium, and rhodium – they can be very valuable. On average, there are between 3-7 grams of platinum in a standard catalytic converter, but the amount varies based on manufacturer and model.

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.

What is the street value of a catalytic converter?

While the “street value” of a catalytic converter can range between a mere $100 to $700 depending on the type of vehicle it's stolen from, replacing a stolen one will cost you a lot more. With labor, a catalytic converter replacement is estimated at between $1,000 and $3,000.

How much will a junkyard pay for 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.

Which cars are least likely to have their 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.

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.