What Is The Scrap Value Of A Catalytic Converter?

Why do people steal catalytic converters?

Catalytic Converter theft has become popular because of their value, relative ease to steal (unbolt or cut out), and their lack of identifying markings.

Thieves take the stolen Catalytic Converters to metal recyclers.

The recyclers pay an average of $50 per converter for the precious metals inside them..

How much gold is in a catalytic converter?

Catalytic converters contain Platinum, Rhodium and Palladium. However, there is no gold in catalytic converters. Content will vary significantly depending on the vehicle model, but on average the ceramic weight is approximately just less than 1 kg, and the precious metal content is between 0,2% and 0,5%.

What is in a catalytic converter that is so valuable?

Why Your Catalytic Converter is Valuable Amazingly, the top three most expensive precious metals found within a catalytic converter include rhodium, palladium, and platinum! … Answer: They’re extremely rare precious metals. Not only that, but they’re also commonly used in everyday products like: Jewelry.

How can I make money with a catalytic converter?

How to Make Money Selling Catalytic ConvertersVisit the website Ebay.com. Search “scrap catalytic converter” to obtain the latest listings of converters for sale on Ebay. … Contact five auto mechanics within a 1 mile radius of your home/office. … Visit two salvage yards in your area that pay for scrap. … Photograph the converters for sale on Ebay.

How much is the platinum in a catalytic converter worth?

At the very least, a small used catalytic converter will have about 4 grams of platinum in it. Doing the math, this means that this part contains about $125 worth of platinum. It’ll be worth even more if it has small amounts of palladium or rhodium.

Who can I sell my catalytic converter to?

You can ship your used catalytic converters directly to Specialty Metal Smelters & Refiners for recycling. We’ll recycle them for you and write you a much bigger check than a local catalytic converter company can – and it’s easy.

Is my old catalytic converter worth anything?

Are your old catalytic converters worth money? Yes, they are! Indeed, they contain some precious metals that are rare and valuable. Thus, consider recycling them instead of throwing them away!

How much is a BMW catalytic converter worth?

I would say you have anywhere from $250-$300 worth of converters. I will also by them if you want to ship them. Thx! Most buyers will grade the BMW cat as exotic, or possibly extra large foreign if they don’t have an exotic category.

Why is catalytic converter so expensive?

A new catalytic converter can cost $1,000 or more, making it among the most expensive individual parts on any car. They are costly because they use expensive metals such as palladium to promote the chemical reactions that cleanse the exhaust.

It’s not illegal per se, but there are requirements for what kind of used converters you can use. EPA considers it a violation of the policy to install a used converter from a salvage yard or sell it for reuse unless it has been properly tested and labeled.

How much palladium is there in a catalytic converter?

They have both proven to be the most effective and therefore the most commonly used metal used in a catalytic converter. Currently palladium is the metal used in petrol vehicle catalytic converters, with about 2-7 grams per unit, depending on the vehicle in question.

How can I prevent my catalytic converter from being stolen?

Top 10: Ways to prevent catalytic converter theftPark vehicles so as to prevent access underneath. In order to steal the parts, thieves need to slide under the vehicle and use cutting tools to detach the box from the pipes around it. … Mark catalytic converters with a serial number. … Ask a garage to weld the bolts. … Catloc. … Install security camera(s)

How much is a catalytic converter at a junkyard?

If you learn how to change a catalytic converter yourself, you can buy a new converter for $100 to $2,500 (or more). Can you buy a catalytic converter from a junkyard?…How much does a catalytic converter cost at a junkyard?Metal/MaterialCurrent PriceRegular Domestic Cat Comes from domestic cars. GET QUOTE VIEW METAL DETAILS$50-$110/each2 more rows•Mar 19, 2020

What do you do with old catalytic converters?

In most cases, the easiest way to recycle a catalytic converter is to take your entire car to an automotive recycler. Scrap metal dealers or car scrap yards are the most likely candidates to take your old car off your hands.

What are the most expensive catalytic converters?

What cars have the most expensive catalytic converters?Nissan Altima 2.5L Direct-Fit.MagnaFlow 51356 Universal Catalytic Converter.EvanFischer REPG960301 Silver Powder-Coated Catalytic Converter.Flowmaster 2230130 223 Series.Walker 15634 Catalytic Converter.AutoSaver Universal Catalytic Converter.MagnaFlow 27402 Direct Fit Catalytic Converter.