What happens to stolen catalytic converters?

Stealing a catalytic converter is easy: Thieves slide under the car and slice through the exhaust system using a battery-powered saw in 30 seconds to a minute, Glawe says. They then sell the part to a scrap metal yard for between $150 to $300.

How much is a catalytic converter worth when stolen?

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.

Which cars are most likely to have catalytic converter stolen?

Where do the stolen catalytic converters go?

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.

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.

Understanding the wave of catalytic converter thefts

Can you drive your car without a catalytic converter?

Avoid the temptation just to drive your ride home or to the nearest repair centre. Without the converter in place, the rest of the exhaust system may not be secure and you run the risk of doing more damage if a loose exhaust pipe digs into the road. Your best bet is to call your roadside assistance provider.

How much does it cost to replace a catalytic converter?

Catalytic converter replacement isn't cheap. For most vehicles, the average cost of a catalytic converter repair is between $945 and $2475 including parts and labor. The catalytic converter cost itself can be up to $2250 of that. That might be close to your car's value or more!

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 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.

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.

What kind of cars do Thieves target for catalytic converter?

Carfax data shows that the Ford F-Series trucks that sit atop the national list for converter theft (their high ground clearance makes them especially easy to purloin in this regard) are the most targeted models in all parts of the country except western U.S. states.

How do thieves remove catalytic converters?

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.

What cars have the most valuable catalytic converters?

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.

Why do Thieves take catalytic converters?

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.

Why are so many catalytic converters stolen?

Money is the main reason catalytic converters are often stolen. They contain three metals that aid in the chemical reaction that makes exhaust pollutants less harmful: platinum, palladium and rhodium. The prices of these metals have risen dramatically during the early 21st century.

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.

Is it worth fixing a catalytic converter?

Is it worth replacing your catalytic converter? Due to the cost involved, replacing your catalytic converter should be considered a last resort. This is especially true if your car is very old, has a lot of miles on it, is not particularly reliable, and you live in a state with tough smog laws.

Can I put a straight pipe in place of my catalytic converter?

Due to the high repair costs of replacing a stolen catalytic converter, you might be wondering, can I install a straight pipe and avoid the costly replacement of a new one? Can I install something quick so I can drive my car without it sounding like a 747 jet airliner? The short answer is yes you can.

Why is it so expensive to replace a catalytic converter?

So to put it simply, replacing the catalytic converter is expensive because it can be a bit finicky to replace on some model, but mainly because it's made of precious metals. However, your car can't function without it, so if you need to get it replaced, it's best to just get it done.

What does your car sound like without a catalytic converter?

Loud Vehicle Noises and Missing Catalytic Converter

You will find that when driving without your catalytic converter, it will sound like your vehicle is roaring—especially when starting or giving it gas.

Why are Prius catalytic converters being stolen?

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.

How can I tell if my catalytic converter has been stolen?

How far can you drive 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. It's not always a good idea to drive around without one, even if it works.

How can you protect yourself from a catalytic converter?