What is the scrap value of a catalytic converter?

Metal/MaterialCurrent Price
High Grade Domestic Cat Off domestic cars. GET QUOTE VIEW METAL DETAILS$154-$313/each
Small GM Cat Small sized cat from GM make vehicle. GET QUOTE VIEW METAL DETAILS$89-$101/each
Small Breadloaf Cat Small size breadloaf catalytic. GET QUOTE VIEW METAL DETAILS$139-$273/each

How much do stolen catalytic converters sell for?

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).

Can I get money for my old catalytic converter?

One of the perks that should motivate you to recycle your catalytic converter is the lucrative return you can receive. Catalytic converters are full of precious metals that can be recycled, and metal recycling plants are willing to pay top dollar for your cat converter.

How do I know if my catalytic converter is worth money?

How much is a catalytic converter worth on the black market?

Joseph Boche, who is a director with the International Association of Auto Theft Investigators (IAATI), explained that stolen converters can sell for as little as $50 to as much as $1,600 on the black market.

What company pays the most for catalytic converters?

Converter King, a Metro Metals division, pays you the most for your catalytic converters. Call us today at 612-366-3036 for our best offer. In addition to our top dollar prices, we have a knowledgeable staff of converter buying specialists on site every day that will go the extra mile to assure you get the best price.

What do Recyclers do with catalytic converters?

The safest and most effective way of recycling catalytic converts is to take them to a scrap metal yard/metal recycling provider or arrange for collection.

Can I sell my own catalytic converter?

In short, scrap yards are your best bet for selling your catalytic converter because they will focus on the value of the metals in your cat, not your cat as an auto part.

How can I make money with a catalytic converter?

What is the highest paying scrap catalytic converter?

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

Why do people steal catalytic converters?

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 cars are least likely to have catalytic converters stolen?

What is this? Ford, Chevy, Jeep, Dodge, Mazda, Nissan, Subaru, Hyundai, and Chrysler have the least valuable converters. Thieves might not think about stealing their converters as they have no value due to the lack of precious metals.

How much is a f250 catalytic converter worth?

The average cost for a Ford F-250 Super Duty catalytic converter replacement is between $2,586 and $2,617. Labor costs are estimated between $116 and $146 while parts are priced at $2,471.

Does insurance cover stolen catalytic converters?

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 does it take to steal a catalytic converter?

Thieves can remove a catalytic converter quickly, often in less than two minutes, so theft can even occur in broad daylight. The only tools a thief needs are a wrench (for converters that are bolted on) or a reciprocating saw (for converters that are welded in).

How can I stop someone from stealing my catalytic converter?

Thieves target catalytic converters because they contain precious metals.

Three ways to protect against catalytic converter theft
  1. Etch your license plate number onto your catalytic converter. …
  2. Park in well-lit areas. …
  3. Install an anti-theft device.

Can a car run without a catalytic converter?

What Happens When You Drive Without A Catalytic Converter? When facing the recovery costs of a stolen “cat,” many customers wonder, “Can I drive without my catalytic converter?” The answer is both yes and no. Technically, a car can function without a catalytic converter.

Can you tell if your catalytic converter has been stolen?

You may not be able to tell your catalytic converter was stolen by looking at your car, but you will know as soon as you start the engine. When the catalytic converter has been removed, your vehicle will make a loud roaring sound that will get louder as you push the gas pedal, says The Spruce.

What happens if someone steals my catalytic converter?

If your catalytic converter has been stolen, you’ll need to contact the police immediately and, following that, your insurer who will advise you on what to do next. Depending on the damage, you may not be able to drive your car, so it’s worth getting in contact with your garage too.

Why are catalytic converters so expensive?

Your catalytic converter is expensive because it needs rhodium to reduce smog levels. Rhodium, at its current value, is extremely expensive which makes using it in a catalytic converter expensive. To make up for their cost, manufacturers have to increase the price of the catalytic converter.