What are the most valuable catalytic converters to steal?

The latest numbers show that as of March 2022 platinum is valued at $1,128 per ounce, palladium at $2,938 per ounce, and rhodium is valued at $20,000 per ounce; and, with the result that recyclers will pay $50 to $250 per catalytic converter which makes theft very attractive to the criminal element.

What catalytic converters have the most scrap value?

What are the most popular catalytic converters to steal?

What cars are targeted for catalytic converter theft?

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.

What vehicles are the easiest to steal catalytic converters?

What Cars are Targeted for Catalytic Converter Theft(Easiest Catalytic Converters to Steal) Autovfix

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.

What year cars are being targeted for catalytic converter theft?

While it's a no-brainer that we can expect the most popular models of cars and trucks to be prime targets for catalytic converter theft. According to a recent CarFax post, nationwide, 10 popular targets are: 1. 1985-2021 Ford F-Series pickup trucks (F-150, F-250, etc.)

What is a stolen catalytic converter 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 do car thieves look for?

If your car gets stolen, it's probably your fault

Race car driver and automotive expert Lauren Fix says “valuables” include the obvious items like laptops, purses, and GPS units, but that thieves will even go for money in the center console and closed bags that simply look like something of worth may be inside.

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.

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.

How much is a Prius catalytic converter worth scrap?

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.

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 long to steal catalytic converter?

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.

Are Honda Pilot catalytic converters stolen?

The thefts of catalytic converters in the Honda models are unfortunately higher. The police have issued a warning to drivers about the increase in thefts. While thieves can target practically any modern car, owners of Honda model cars should be highly cautious.

Where are all the stolen catalytic converters going?

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.

Do people steal civic catalytic converters?

converter stolen is pretty low, unless you park you car on a city street far away from your home or in a parking lot. The converters on our cars are high up in the engine bay as noted in the above reply, so they are harder to get at.

What year Prius catalytic converters are being stolen?

Theft claim frequency for 2004-09 Prius models was more than 40 times higher in 2020 than in 2016, HLDI analysts found. As a hybrid car, the Prius is being targeted for the precious metals in its catalytic converter.

How much is a Ford catalytic converter worth in scrap?

For a Ford catalytic converter scrap, you can get about from 50 USD. This will save some investment оf your repair costs.

How much are Toyota RAV4 catalytic converters worth?

The average cost for a Toyota RAV4 catalytic converter replacement is between $1,308 and $1,359. Labor costs are estimated between $161 and $203 while parts are priced between $1,147 and $1,156. This range does not include taxes and fees, and does not factor in your specific model year or unique location.

What is a catalytic converter worth on the street?

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).

Why is stealing catalytic converters popular?

Why are people stealing them? 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.