Table of Contents
- 1 Why do catalytic converters vary in price?
- 2 Why are some catalytic converters more expensive than others?
- 3 Why do catalytic converters sell for so much?
- 4 What car has most catalytic converters stolen?
- 5 Are new catalytic converters worth anything?
- 6 How much do thieves get for a catalytic converter?
- 7 Where can I sell my catalytic converter for the most money?
- 8 What is the best catalytic converter to scrap?
- 9 How much is a catalytic converter worth?
- 10 What is inside a catalytic converter?
Why do catalytic converters vary in price?
Catalytic converters are expensive because of the materials that convert bad exhaust gases to good exhaust gases. The materials that make up the catalyst in the catalytic converter, are materials such as platinum, palladium and rhodium.
Why are some catalytic converters more expensive than others?
Unfortunately, the only suitable catalysts are rare metals, such as platinum, palladium, and rhodium. All of these metals are very expensive. As it stands today, catalytic converters use more palladium than any other application and consume a third of the platinum produced globally every year.
Why are some catalytic converters cheaper?
Since the Aftermarket Catalytic Converters are not held to high warranty standards like OEM converters, the Aftermarket Manufacturers save costs by using less precious metals. Because less precious metals are applied to the converter, there is less filtration of toxic compounds from the vehicle’s engine.
Why do catalytic converters sell for so much?
Catalytic converters contain trace amounts of precious metals, including platinum, palladium and rhodium, which in early March hit nearly $30,000 per ounce. So in the end, even if [there’s] just a small amount of metal in a catalytic converter, it’s just worth so much per ounce.”
What car has most catalytic converters stolen?
Vehicles that have had the most thefts are: Toyota Prius, SUV’s of all makes, Pick up Trucks of all makes, van’s (mostly Honda), passenger cars (mostly Honda), 2 U-Haul trucks. Gov. Roy Cooper recently signed a bill that makes catalytic converter theft a felony.
What is the scrap value of a catalytic converter?
| Metal/Material | Current Price |
|---|---|
| Exotic Cat Exotic catalytic converters are from foreign cars. GET QUOTE VIEW METAL DETAILS | $543.00/each |
| High Grade Domestic Cat Off domestic cars. GET QUOTE VIEW METAL DETAILS | $154.00/each |
| Pre-Domestic Cat Pre-Domestic Cat. GET QUOTE VIEW METAL DETAILS | $32.00/each |
Are new catalytic converters worth anything?
Depending on the age and type of vehicle, the PGMs in a catalytic converter can be worth anywhere from $100 to a rare $1,000 or more. The newer and/or smaller cars being closer to $100. The larger, older vehicles could have catalytic converters worth $600 and up.
How much do thieves get for a catalytic converter?
It doesn’t take long for a thief with simple tools to snatch a catalytic converter, the NICB stated, and recyclers usually pay between $50-$250 for one. But the precious metals that come from hybrid vehicles can bring a thief up to $1,500 per catalytic converter.
Why are Prius catalytic converters being stolen?
Toyota Priuses are also prone to thefts because they contain two catalytic converters and are hybrid vehicles, law enforcement officials and experts say. The converters stolen from Priuses tend to see less corrosion, which makes them more valuable to thieves.
Where can I sell my catalytic converter for the most money?
Local Auto Salvage (easy option) Your local car salvage yard is an easy option. These places by used car parts all the time and will offer you cash for your catalytic converter. Junkyards are in the business of making money though and have quite a bit of overhead.
What is the best catalytic converter to scrap?
What’s Inside A Catalytic Converter?
- Platinum – Platinum being used tends to be the best metal for overall performance in the catalytic converter field.
- Palladium – Generally more expensive to use then Platinum, so it tends to be a higher-end luxury item for catalytic converters.
What is the bad catalytic converter symptoms?
Rattling noises from under the vehicle are another symptom of a bad or failing catalytic converter. If a catalytic converter becomes old or damaged internally from excessively rich fuel mixtures, the catalyst coated honeycomb meshes on the inside of the converter can collapse or break apart, causing a rattle.
How much is a catalytic converter worth?
The average price of a catalytic converter ranges between $800 and $1,200 on the converter unit alone but it can easily go up to $3,000 or more if you own an exotic or luxury car. It does not include other fees like taxes and labor charges.
What is inside a catalytic converter?
What’s Inside a Catalytic Converter? Inside, there’s typically a piece of ceramic coated with various precious metals, including palladium , rhodium, and platinum, which are the “catalysts” that create a chemical reaction to convert the harmful gases into safer substances. Where Is a Catalytic Converter Located on Your Car?