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The common consensus seems to be that the Prius, Tacoma, Lexus SUVs, and the Accord are some of the most targeted cars for catalytic converter theft.
What cars are most likely to have catalytic converters stolen?
Low-Emissions Vehicles The higher the concentration of these expensive precious metals, the higher the profit of a thief who sells to a scrap yard. The car that experiences the most catalytic converter theft is the Toyota Prius, a very common low-emissions vehicle.
What vehicles have the most valuable catalytic converters?
Which Catalytic Converters Are The Most Expensive? 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.
Where is the best place to steal catalytic converters?
Thieves seem to be targeting highly populated parking locations, such as: Your home driveway or street. Most of the Catalytic Converter thefts occur while your car is parked in your driveway or on the street in front of your house. Apartment & Condo complexes. Large parking lots. Secluded areas.
How can I prevent my catalytic converter from being stolen?
Three ways to protect against catalytic converter theft 1) Etch your license plate number onto your catalytic converter. This makes the part identifiable to law enforcement. 2) Park in well-lit areas. 3) Install an anti-theft device.
What is the best catalytic converter to scrap?
Platinum – Platinum being used tends to be the best metal for overall performance in the catalytic converter field.
Why are Prius catalytic converters stolen?
“The demand is high for catalytic converters, and they seem to know which ones command the highest prices, like those on the older Priuses.” Prices have soared for metals like platinum, rhodium, palladium and others, due to lower mining production in recent years, a trend that was exacerbated by the pandemic.
How much is a Ford F250 catalytic converter worth in scrap?
Although these diesel catalytic converters do contain trace elements of the metals that we recycle, the value on most fall below $5.00-$10.00 each.
How much is a Ford F250 catalytic converter worth?
Ford F-250 Super Duty Catalytic Converter Replacement Cost Estimate. Labor costs are estimated between $108 and $136 while parts are priced at $2,429.
What is the scrap price for Ford catalytic converters?
Metal/Material Current Price Exotic Cat Exotic catalytic converters are from foreign cars. GET QUOTE VIEW METAL DETAILS $543-$800/each Torpedo Cat These are generally found on larger Ford vehicles like Eco-Vans and other similar sizes. GET QUOTE VIEW METAL DETAILS $209-$720/each.
Why do thieves target catalytic converters?
Thieves are motivated to steal catalytic converters because they contain precious metals, such as platinum and rhodium. Then, the thieves often sell the car parts for money on the black market. The parts are also expensive to replace, ranging between $2,000 to $2,500 for each catalytic converter.
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.
Why are Honda catalytic converters stolen?
Catalytic converters are expensive car parts that contain precious metals, such as platinum, making them an easy target for thieves to sell in scrapyards. In a tweet, the Salisbury Police Department said the most commonly reported thefts were among Toyota Priuses, Honda vans and pickup trucks.
Does Geico cover stolen catalytic converters?
Is catalytic converter theft covered by GEICO insurance? If you have comprehensive coverage, GEICO will reimburse you for replacement of your catalytic converter and repair any related damage from its removal. GEICO explicitly states that their comprehensive coverage covers theft and vandalism.
How much is a 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.
How much does a catalytic converter sell for 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.
How much are Dodge Ram 1500 catalytic converters worth?
Dodge Ram 1500 Catalytic Converter Replacement Cost Estimate. Labor costs are estimated between $126 and $159 while parts are priced at $1,504.
How much is a Honda catalytic converter?
Honda Accord Catalytic Converter Replacement Cost Estimate. Labor costs are estimated between $96 and $121 while parts are priced at $1,971.
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.
What is the expensive metal in catalytic converters?
Because catalytic converters contain three different Platinum Group Metals – platinum, palladium, and rhodium – they can be very valuable. On average, there are between 3-7 grams of platinum in a standard catalytic converter, but the amount varies based on manufacturer and model.
Does a rav4 have a catalytic converter?
Toyota Rav4s have two catalytic converters. The front one is bolted directly to the manifold in the front of the exhaust system and the second one bolts directly to that. In most cases, the converter that fails will be the rear converter.