Considering how valuable they are to scrap metal dealers, catalytic converters are frequently stolen. Rhodium and platinum, two precious metals, are present in these converters. Depending on the size of the converter and the current prices for that specific metal during the selling period, these kinds of metals can be purchased in scrap yards for anywhere between $150 and $200 per unit.
All automobiles produced after 1974 are required to have catalytic converters. Cars of higher value to thieves than others. For instance, SUVs are more appealing targets because they are simpler to slip beneath. The likelihood of theft increases as your car becomes higher.
Chicago ranked first in converter theft in 2016. 980 converter thefts occurred in Chicago between 2008 and 2016, which is 15% greater than the 850 thefts that occurred in Sacramento, California.
In This Article...
Who is the largest catalytic converter producer?
The top 5 vendors in the automotive catalytic converter market from 2020 to 2024, according to Technavio’s COVID Impact report
- competitive landscape for vendors.
- SE BASF
- Advanced Materials CDTi Inc.
- Constellation AG
- Group Eberspacher.
- SA Faurecia.
- List of contents
- Market Environment
What are the prices of Honda catalytic converters?
Best in Automotive Repair Replacement catalytic converters for Honda Accords typically cost between $2,319 and $2,466. The cost of labor is expected to be between $97 and $122, while the cost of parts is between $2,222 and $2,344.
How much is the value of a used Honda catalytic converter?
A catalytic converter’s average scrap value ranges from $300 to $1,500. Because it is made of precious metals, this component is one of the most expensive ones in a car.
Which automobiles have catalytic converters worth the most money?
The Ferrari F430 reportedly had the most costly catalytic converter, with a whopping $3,770.00 price tag, according to data from 2020. In addition, the F430 required two of these, costing $7,540 before labor for a complete replacement.
Despite the fact that the converter for the Lamborghini Aventador is officially the third most expensive, at $3,120, we’re ranking it second since, like the F430, it needs two converters. The total cost of replacement now stands at $6,240. If you can buy a Ferrari or a Lamborghini, you can probably afford a catalytic converter at any price, it practically goes without saying.
Although it is not as unique as a Lamborghini or a Ferrari, the car with the second (or third) most expensive catalytic converter has a highly well-regarded vehicle line. The Ram 2500, which costs $3,460 for a catalytic converter, has that distinction.
The Ford F-250, which is the fourth most costly car, will cost drivers $2,804, which is a big discount from the top three. The Ford Mustang rounds out the top five with a comparatively low price tag of $1,500. Depending on the type and model of the car, the average catalytic converter costs between $800 and $1,200. In general, the converter costs more the bigger the engine.
Remember that only the cost of the converter unit is included in these costs. If you have a damaged converter, additional exhaust components and labor costs may increase the overall cost of repair.
What catalytic converter is the most commonly stolen?
These are the vehicles that need catalytic converters the most.
- Ford F-Series pickup trucks from 1985 to 2021 (F-150, F-250, etc.)
- Honda Accord: 1989–2020.
- Jeep Patriot, 2007–2017.
- Ford Econoline vans from 1990 to 222.
- Chevrolet Silverado pickup trucks from 1999 to 2021.
- Chevy Equinox, model years 2005–21.
- Honda CR-V, which is available from 1997 until 2020.
- Toyota Camry, 1987–2019.
Theft of newer Hondas is it more difficult?
The Honda Accord is the second most commonly stolen car, ranking among the top 10. Over 43,500 times this well-known family car was stolen in 2017. 6,301 of the Honda Accords reported as stolen in 1997. Why pick on the more aged models? According to one source, 1997 was the final year Hondas were manufactured without an immobilizer, and auto thieves are fully aware of this.
Prior to anti-theft technology, Honda built a large number of Civic and Accord vehicles in the early years. But they started using RFID and engine immobilizer technology to fight the widespread issues with break-ins and car theft in general. Of course, it’s not the automaker’s fault if you forget to lock your Honda Civic or leave the keys in the ignition, but using keyless entry as a way to lessen the amount of lost keys in the ignition has proven effective. The Civic and the Accord remain targets even if the newer models are more difficult to steal.
Customer testimonials extol the general excellence of Honda vehicles. They are frequently robust cars with lots of amenities and great fuel economy. They are incredibly inexpensive to buy and maintain. They may continue to draw auto thieves for the same reasons. Some claim that older Honda models make excellent targets since they retain their worth longer and can be simply dismantled for scrap. They may not be the showy sports cars with gemstones that criminals in movies flee in, but they are nonetheless reliable vehicles with high value, according to both consumers and criminals.
What do thieves demand in exchange for a catalytic converter?
Since the start of the pandemic, there has been an increase in the theft of catalytic converters, and law enforcement agencies around the nation are acting as a result.
In Los Angeles After noticing an increase in catalytic converter thefts since the start of the pandemic, U.S. law enforcement authorities are taking action.
“We’ve witnessed instances when they immediately grab the jacks, jack them up, shut them off, and keep an eye out for security, similar to NASCAR. The police typically purchase these products for $300 each, earning 10 to 20 per night “explained Detective Michael Ventura with the Los Angeles Police Department.
Tens of thousands of truck and car owners have suffered financial hardship as a result of the dramatic increase in catalytic converter thefts across the country, and the police have grown increasingly frustrated by the crime, which can be easily committed in a matter of minutes and is challenging to solve even if the parts are recovered.
The Phoenix Police Department recently seized more than 1,200 converters from a single storage unit in Arizona.
Since serial numbers are not inscribed on catalytic converters at the factory, stolen converters end up on the black market where they are cut open for the pricey metals they hold.
According to the National Insurance Crime Bureau, an organization of the insurance industry that aims to combat insurance fraud and crime, replacing one can cost a driver between $1,000 and $3,000. According to the police, thieves might make between $100 and $150 each converter.
Just 3,969 reports of stolen catalytic converters were tallied by the insurance company in 2019, more than 17,000 in 2020, and more than 52,000 in 2017.
Which catalytic converters are the best?
The Top 7 Catalytic Converters Available Today
- 960301 Evan Fischer
- 51356 Magnaflow
- Wilson 15634
- A Magnaflow 27402 is.
- Scott 16370.
- Scott 16468.
- 99006HM Magnaflow
Which automobiles’ catalytic converters have the most palladium?
1. The catalyst price varies depending on the initial target market for which a particular vehicle was built. European markets receive catalysts of a higher caliber than markets in developing nations.
2. Better catalytic converters are a given with vehicles of a higher class.
3. Precious metals become less valuable as an automobile ages.
4. Driving vigorously speeds up the “emptying” of the catalytic converter.
5. Fuel. Metals from catalysts are dissolved by some gasoline additives.
6. There are catalysts with various precious metal compositions:
The “classic” and oldest type of catalytic converter is Pt, Pd + Rh. Pt has an average amount of 1470ppm per ceramic ton, Pd 900ppm, and Rh 270ppm. It is currently considered a “endangered species.”
Platinum is in the range of 2500–3500 ppm, however palladium is absent from these catalysts. These catalysts are priced between 65 and 75 euros per kilogram.
6.3 Pd + Rh – Platinum is missing, although there are 3000–3500 ppm of palladium. About 70% of all current catalytic converters contain such catalysts.
We can infer from the foregoing that analysis is required in order to calculate the price of a catalyst.
Experts are familiar with the brands and even the specific models of catalytic converters, which have the highest concentration of valuable metals. Palladium is used in gasoline vehicles, while platinum is used in diesel vehicles. Palladium content is higher in hybrid cars than in traditional cars.
This is because more metal is needed to absorb more hazardous pollutants in hybrids because they do not have time to warm up the catalyst, which would boost its efficiency.
Instead of selling catalysts as replacement components, the majority of auto owners simply sell them for precious metals. One catalyst can include a “honeycomb” of up to 1.5–2 grams of palladium. Given that certain high-end vehicles employ dual catalysts, the revenue from a single vehicle can be substantial.
For instance, a well-known German manufacturer’s catalyst weighs 1200 grams and is composed of platinum (0.12% by weight), palladium (0.08% by weight), and rhodium (0.008% by weight).
The issue is that this alloy’s palladium still needs to be segregated in some way. Working with single instances serves no use at all because there are numerous, expensive, and complex methods available.
The biggest automakers are currently attempting to accumulate catalyst palladium for future use since the price is anticipated to increase. However, this expansion cannot go on forever. It will continue to function for as long as using platinum instead of another metal is more cost-effective and efficient. It already costs more than halve what palladium does.
Why are the costs of catalytic converters decreasing?
That’s as a result of an increase in the number of people recycling their catalytic converter and buying a new one. There will always be scrap, and occasionally there is an inflow of it. It will eventually get to the point where you will constantly be faced with a variety of problems and tasks.
How much is a catalytic converter off a 2003 Honda worth?
Whatever the circumstance, Advance Auto Parts has the critical Catalytic Converter product you require. For your 2003 Honda Accord, we now offer 34 Catalytic Converter items to select from, with prices ranging from $221.99 to $1,285.99.
What is the lifespan of a Honda catalytic converter?
The catalytic converter typically lasts 10 years or longer and should only be updated when necessary. It transforms dangerous emissions into harmless gas. It may get physically harmed, blocked, or polluted with engine coolant or oil. It can also get too hot.
Which catalytic converters sell for the most money as scrap?
Because they typically include the most precious metals and are sought-after even as used parts, exotic cars command the greatest price.
Toyota Land Cruiser and Prius are the best-ranked common passenger cars. While Prius is a unique breed with two converters on a small-sized engine and can fetch a good price when sold all at once, Land Cruiser has enormous cat converters.
How much is a 2000 Honda Accord catalytic converter worth?
For your 2000 Honda Accord, we currently have 19 Catalytic Converter items, with prices ranging from $234.99 to $1,297.99 in our inventory.
How much is a catalytic converter for a 1991 Honda Accord worth?
For your 1991 Honda Accord, we currently offer 10 Catalytic Converter options, with prices ranging from as little as $121.99 to as much as $581.99.