As a group, you can simply wait until you have 500 or more used converters on hand, then send them directly to Specialty Metal Smelters & Refiners and get more money for every converter. Call us at 800-426-2344 and we’ll tell you how. Start a sideline catalytic converter recycling business of your own.
Which catalytic converters bring the highest scrap price?
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.
How much can I sell a catalytic converter for?
This varies by car and the condition of your catalytic converter. Still, on average, scrap catalytic converters are worth between 300 $ to 1500 $ when sold as scrap at your local wrecking service. In today’s world, catalytic converters are no longer being sold as part of a car.
How much do thieves make on catalytic converters?
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.
How much do thieves get for a stolen catalytic converter?
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.
Are catalytic converters worth money?
Catalytic converters have economic value as they contain precious metals. This is the main reason why they are sold as the most expensive scrap. Because it contains rhodium, palladium and platinum, which are among the most precious metals.
What car has most catalytic converters stolen?
The common consensus seems to be that the Prius, Tacoma, Lexus SUVs, and the Accord are some of the most targetted cars for catalytic converter theft. So if you own one of these, make sure your car is locked up safe and sound.
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.
How much gold is in a catalytic converter?
Catalytic converters contain Platinum, Rhodium and Palladium. However, there is no gold in catalytic converters.
How much is a 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.
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.
Why do people steal catalytic converters?
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 metal. So how did we get here?
How much is the metal in a catalytic converter worth?
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.
Will insurance cover a stolen catalytic converter?
Will insurance cover catalytic converter theft? If you have comprehensive coverage on your auto insurance policy, catalytic converter theft is usually covered. Comprehensive coverage may pay to replace the stolen converter and repair any damage caused by its removal.
Why are catalytic converters so valuable to thieves?
Catalytic converters are designed to act as a line of defense against harmful exhaust system emissions by turning pollutants into harmless gasses, according to Cars.com. Thieves target catalytic converters because they contain precious metals, like platinum, palladium or rhodium, that are valuable to metal dealers.
How much is a Dodge Ram catalytic converter worth?
Used catalytic converter dodge ram 1500 sold eBay prices are $564. New current listings averaged $-294 lower vs used current listings for a difference of -44.61%. On Amazon, the average price is: $240 for the first 9 product results.