Why are Toyota 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.

Why are Prius catalytic converters stolen more than others?

A spike in demand for precious metals used in making catalytic converters - emission control devices — has made Toyota Prius vehicles that are more than 10 years old unlikely targets of thieves. The frequency of theft claims for 2004-09 Prius models was more than 40 times higher in 2020 than in 2016.

Why do thieves like Prius catalytic converters get?

That's why the Prius comes with some of the best catalytic converters installed on commercial vehicles. Hybrid cars are mainly targeted for their converters because they corrode much less. The better that precious metal coating is preserved, the more thieves can make through illegal trading.

How do thieves get under Prius to steal catalytic converter?

To steal a catalytic converter, thieves must get underneath the vehicle and remove it. Typically, they will use a small, battery-operated saw to cut through the connecting exhaust pipes, divorcing the component from the car in a matter of minutes. As you may have noticed, a Prius does not sit high off of the ground.

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.

Why are Toyota Prius cats getting stolen?

What cars are most targeted for catalytic converter theft?

What is a Toyota 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.

What year of Prius have catalytic converter theft?

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 can I stop someone from stealing my catalytic converter?

How much is a Toyota catalytic converter worth scrap?

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

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

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.

Where is the catalytic converter on a Prius?

In a Prius (and other cars), the catalytic converter is located underneath the car near the exhaust pipe. They are fairly easy to take off a car, which also makes them a target for criminals.

How long does it take 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.

Why are so many catalytic converters being 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.

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.

Can I drive a Prius without a catalytic converter?

You can drive a Prius without a catalytic converter; however, it's not a great long-term solution. Your Prius will not function as well and will fail an emissions test.

How do I protect my catalytic converter from my Prius?

What car has the highest catalytic converter scrap value?

According to data from 2020, the most expensive catalytic converter belonged to the Ferrari F430, with a mind-popping $3,770.00 price tag.

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.

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.

What is in a catalytic converter that makes people want to steal it?

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.

What happens if my catalytic converter is stolen?

If you find your catalytic converter is missing, you should immediately contact the authorities. They will check local security cameras and work to see if they can help catch the person who stole your converter. Additionally, a police report may be essential to your insurance coverage.

Can you drive a car 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.

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.