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Why Are Catalytic Converter Stolen

It’s part of a system that cleans out pollutants and prevents them from entering the atmosphere. And it’s also the reason why thieves across the U.S. are sawing off catalytic converters in order to get their hands on a few precious grams of the world’s most valuable metalvaluable metalPrecious metals are rare, naturally occurring metallic chemical elements of high economic value. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded.https://en.wikipedia.org › wiki › Precious_metal

Precious metal – Wikipedia

. So how did we get here?Dec 20, 2021.

How much is a stolen catalytic converter worth?

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 can I prevent my catalytic converter from being stolen?

How to stop your catalytic converter being stolen Park to prevent access underneath. But remember to consider pedestrians. Catalytic converters with a serial number. Mark it to protect it. Ask a garage to weld the bolts shut. Catloc. Install security camera(s) Park in well lit areas. Install alarm(s) CatClamp.

Which cars are most likely to have catalytic converter stolen in us?

The car that experiences the most catalytic converter theft is the Toyota Prius, a very common low-emissions vehicle. A car owner of a Prius made in 2009 or earlier should be particularly wary, as the older models have a higher concentration of that precious metal than newer models.

Why thieves want your catalytic converter?

Thieves target catalytic converters because they contain precious metals, like platinum, palladium or rhodium, that are valuable to metal dealers. They can sell them to scrap yards for up $200, says Edmunds.

What happens if your catalytic converter is stolen?

Thieves typically cut the part off from beneath the vehicle with a power saw or blowtorch, and if they do a hatchet job, they can damage other systems as well, possibly affecting the vehicle’s driveability.

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 do Prius catalytic converters get 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.

Can a car run without a catalytic converter?

Technically, yes. Older cars ran just fine before catalytic converters became commonplace in the 1970s. So, if your question is whether your car will run without one, then it most certainly will. And for each light-off catalyst, there is an O2 sensor monitoring the exhaust stream directly behind that catalyst.

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.

How do thieves remove catalytic converters?

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). Some thieves bring a mechanic’s creeper. Then all they do is slide under the vehicle, remove the bolts holding the converter, and take it.

How long does it take to steal a catalytic converter?

The consensus was that it takes not more than 5-10 minutes to steal the part from the car’s underbelly. The process of stealing a catalytic converter is so fast and quiet that car owners do not know if this car part has been stolen until they start their car and hear a loud rattle.

What is the most stolen catalytic converter?

The Toyota Prius is the most targeted car for catalytic converter theft. As a low-emissions vehicle, Prius converters contain larger amounts of the precious metals platinum, rhodium, and palladium. Thieves can fetch as much as $700 per converter from unscrupulous scrap yards.

Can you replace a stolen catalytic converter with a straight pipe?

Originally Answered: Can I replace my catalytic converter with a straight pipe? Legally, no. Tampering with any emissions related catalyst is illegal in most states (I.e. any with a vehicle inspection).

How do you know your catalytic converter was stolen?

The following are 6 signs of a stolen catalytic converter: 1) Your Vehicle is Very Loud. 2) Your Check Engine Light is On. 3) You Are Getting a Headache When Your Windows are Down. 4) Less Low-End Torque. 5) You Have a Truck, Delivery Vehicle, or a Toyota Prius. 6) Components Are Missing Under Your Vehicle.

How much are Prius catalytic converters 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 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.

How much do thieves get for 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.