Out of the previous 240 listings, the average price for a new “toyota prius catalytic converter” is $106.
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What is the scrap value of a Toyota Prius catalytic converter?
When sold as scrap, Toyota catalytic converters can fetch between $75 and $700. Depending on the brand and model of the car, a catalytic converter’s price can change. The Toyota Prius has some of the most expensive catalytic converters.
What are the prices of Toyota Prius catalytic converters?
Replacement catalytic converters for Toyota Prius models typically cost between $2,142 and $2,174. While parts are priced between $2,036 and $2,040, labor costs are predicted to range between $106 and $134. Taxes and other fees are not included in this range, nor are your particular model year or geographic area taken into account.
The reason Prius catalytic converters are so expensive.
Stealing catalytic converters off a Toyota Prius is profitable, as is the case with the majority of auto-related crimes. Prices for catalytic converters are high because the precious metals required to produce chemical reactions are costly.
Catalytic converter thefts have been steadily increasing over the past few years, and this trend doesn’t seem to be slowing down.
Since the Toyota Prius is a hybrid, it needs to be as green as possible. Because of this, the Prius has some of the greatest catalytic converters ever put into a commercial vehicle.
Due to how little their converters corrode, hybrid vehicles are primarily targeted for their converters. More money can be made by thieves through unlawful trading the better that precious metal coating is maintained.
The price of rhodium, which is frequently used in hybrid catalytic converters, has soared in recent years and now stands at $14,000 per ounce. It is understandable why stealing catalytic converters might appeal to someone trying to make quick money.
Unfortunately for Prius owners, replacing a stolen catalytic converter isn’t inexpensive. Costs for locating and installing a replacement catalytic converter range from $2,700 to $4,100. In addition to the converter needing to be replaced, the sawing-out damage also needs to be fixed.
How much is a catalytic converter for a 2008 Toyota Prius worth?
For your 2008 Toyota Prius, we now offer 6 Catalytic Converter items, with prices ranging from $215.99 to $773.99 in our inventory. For the 2008 Toyota Prius, Advance Auto Parts provides 2 distinct reliable brands of catalytic converters in addition to reasonable costs.
Why are Prius catalytic converters a target for thieves?
Toyota Prius owners might want to leave their cars in the garage tonight since, according to a new list from Carfax, these hybrid cars are the #1 target for catalytic converter theft in the West.
This week, the vehicle history company published a list of the top cars in the nation that are prime candidates for their catalytic converters. Ford F-Series pickup trucks from 1985 to 2021 and Honda Accords from 1989 to 2020 are at the top of the list nationwide, but the Toyota Prius, which was ranked No. 10 nationally as a target, is No. 1 in the West.
In order to create its lists, Carfax examined service records for new catalytic converter installations from more than 60,000 repair facilities nationwide between 2019 and the first three months of 2022.
The top vehicles in the West that catalytic converter thieves target are:
- 2001present Toyota Prius
- Ford F-Series from 1985 to 2021
- Honda Accord 19892020
- Ford Econoline 19902022
- 1999-2021 a Chevy Silverado
- Subaru Outback, 200720
- Jeep Patriot, 20072017
- Element Honda 20032011
- Forester Subaru, 1998-2020
- Toyota Tacoma, 19952021
According to the National Insurance Crime Bureau, catalytic converter thefts increased significantly during the epidemic, rising by more than 325 percent in a single year. Due to the rising value of the precious metals used in catalytic converters, these thefts increased, with thieves earning up to $300 for a typical catalytic converter. Due to the higher amount of precious metals used in hybrid vehicles, a catalytic converter stolen from one can fetch up to $1,400.
While waiting for their vehicles to be repaired, owners may have to spend between $1,000 and $3,000 out of pocket.
Vehicle owners should aim to park in well-lit places and be mindful of their surroundings if parking in a garage is not an option. Owners of vehicles might also think about installing an anti-theft device or having their converters laser-etched with the VIN.
The most popular vehicles for catalytic converter theft are what cars?
Despite the fact that thefts of catalytic converters are frequently crimes of opportunity, many criminals target particular vehicles because of the cost of the catalytic converter, the prevalence of the vehicles, and the ease with which the catalytic converter may be accessed.
CARFAX discovered that the following automobiles are the most frequently targeted for catalytic converter theft by consulting their partner repair facilities:
These are merely the models, though, whose catalytic converters are stolen most frequently. Depending on a few additional conditions, your car may also be vulnerable to catalytic converter theft. Here is an example of the car kinds that are even more vulnerable to catalytic converter theft:
Luxury vehicles
With a staggering price tag of $3,770 per unit, the Ferrari F430 wins the Most Valuable Catalytic Converter Award. Given that the F430 has two converters, they make for a sizable target for thieves.
Catalytic converters for Lamborghinis are likewise exceedingly expensive, costing on average $3,000 each.
Hybrid vehicles
The catalytic converter of a car tends to be more valued the more emission-friendly the vehicle is. The entire cost of these automobiles rises because they require more of the pricey metal palladium.
Older vehicles
Catalytic converters in larger, older automobiles are more valuable than those in newer, more efficient vehicles because to their concentration of valuable metals and general lack of environmental friendliness.
SUVs and trucks
Two factors influence the targeting of larger vehicles and SUVs. First off, a bigger engine translates into a more expensive catalytic converter. For instance, at a startling $2,000, the catalytic converters on the Dodge Ram 2500 are almost as valuable as those on Ferraris.
Second, their height from the ground makes it simpler for thieves to steal their converters.
Other models with valuable catalytic converters
Of course, there are vehicles that don’t fit into any one category but feature catalytic converters that are more useful for a variety of reasons.
From which model year Prius are they stealing the catalytic converters?
Older Prius catalytic converters fetch significant values on the scrap market.
According to a recent research from the Highway Loss Data Institute, a rise in the price of precious metals has rendered Toyota Prius vehicles that are more than ten years old a less likely target for thieves.
For Prius vehicles from 2004 to 2009, the incidence of theft claims increased by more than 40 times between 2016 and 2020, according to HLDI analysts. The Prius is being targeted since it is a hybrid vehicle and has valuable metals in its catalytic converter. Due to the fact that hybrids’ combustion engines only operate seldom, their catalytic converters require more precious metals to function properly because they don’t become as hot as those found on traditional automobiles.
According to the National Insurance Crime Bureau, catalytic converter thefts increased from around 100 per month in 2018 to more than 1,200 per month in 2020 as a result of greater pricing for platinum, rhodium, palladium, and other metals present in the components. Even though thieves target different types of automobiles, the catalytic converters from some models fetch greater prices from the recyclers that process them because they include more of the expensive metals.
In 2020, there were 58.1 theft claims per 1,000 insured vehicle years for Toyota Prius cars from 2004 to 2009, up from 1.4 claims in 2016. Overall theft losses for those Prius cars rose from $3 in 2016 to around $137 per insured vehicle year in 2020, according to HLDI, a more than 45-fold increase. In comparison, the frequency of theft claims for all other 20042009 automobiles barely changed between 2016 and 2020, and total losses stayed at around $7. (An insured vehicle year is a common industry measurement; it equals one insured vehicle for a year, two insured cars for six months, and so on.)
“According to Matt Moore, senior vice president of HLDI, auto thieves are aware of their market. “They appear to be aware of which catalytic converters, such those on the older Priuses, command the greatest prices because there is a high demand for them.
The HLDI database does not contain data on the particular component that was reported stolen in insurance claims, although the average claim’s monetary amount offers some hints. There was an increase in claims in the $2,501 to $3,000 range during the high-theft years of 201920. (about the amount needed to replace the catalytic converter and exhaust system, minus the deductible). Most claims for the calendar years 201617 were for losses under $500 or between $1,501 and $2,500.
Only marginal increases in claim frequency and overall theft losses were observed in newer Prius vehicles from 2010 to 2015. Only 1.3 claims per 1,000 covered vehicle years were made for 20102015 models in calendar year 2020, up from 0.8 in 2016. Similarly, overall theft losses for 201015 models in 2020 were $5, up from $3 in 2016.
Catalytic converters must be processed using complex machinery, however with the rise in the price of some metals, bulk scrap purchasers have exploded. Most states forbid cash purchases over a particular amount, and all but a few require buyers to record the seller’s driver’s license number or other legal identification. However, once stolen parts have been sold as scrap, it might be difficult to identify them because catalytic converters are not stamped with vehicle identifying numbers.
Due to decreased mining output in recent years, which was a trend that was worsened by the epidemic, metal prices have skyrocketed. The most modern catalytic converters need more of the pricey metals due to the recently tightened pollution rules.
How do burglars gain access to a Prius’ catalytic converter?
Catalytic converters must be removed by thieves from below the car. Typically, they will cut through the connecting exhaust pipes with a small, battery-powered saw, separating the part from the automobile in a matter of minutes. You may have observed that a Prius doesn’t have a particularly high seat.
Which catalytic converters have the highest scrap value?
The vehicles with the most expensive catalytic converters, according to data from 2021, are:
- Ferrari F430 (catalytic converter price: $4,500)
- Aventador by Lamborghini (3,700 dollars per catalytic converter)
- Ram 2500 from Dodge ($4,100)
- Ford F250 (3,300 $)
- Ford Mustang (cost: $1,800)
What does this imply for a person who intends to sell their car? Ask a scrap yard and see what they offer you if you want to know how much catalytic converters are worth when you sell your scrapper.
A 2007 Prius catalytic converter costs how much?
For your 2007 Toyota Prius, we now offer 7 Catalytic Converter items, with prices ranging from $215.99 to $773.99 in our inventory.
In a Prius catalytic converter, how much precious metal is there?
As the prices of the precious metals they contain continue to soar, catalytic converter thefts have been on the rise over the past few years and don’t appear to be slowing down. The National Insurance Crime Bureau reports that from 2019 to 2020, catalytic converter thefts increased by an astounding 325 percent. The pricing of the preceding metals required for a catalytic converter’s operation and the situation of the world’s supply networks can both be significant factors.
The exhaust system contains catalytic converters, which are muffler-shaped components that eliminate dangerous particles from engine emissions. The precious metals that are coated on the inside of a catalytic converter’s honeycomb structure serve as a catalyst to break down the harmful pollutants and transform them into less damaging emissions. (This video demonstrates how everything operates.) The catalyst process inside a catalytic converter transforms toxic gases such as hydrogen, carbon monoxide, and nitrogen oxide that are released by engines into less damaging compounds such as water, carbon dioxide, and nitrogen.
Modern catalytic converters normally have two stages: the reduction catalyst in the first stage removes nitrogen oxide, and the oxidation catalyst in the second stage removes carbon monoxide and unburned hydrocarbons. Typically, these stages are supported by ceramic honeycomb catalyst structures and cerium catalyst structures, and they are coated with the pricey precious metals that burglars are after.
The price rises for platinum and palladium were less pronounced, but spot prices are still higher than those of 2019, and the price of palladium approximately doubled from the start of 2019 to the end of 2020. Palladium prices have somewhat stabilized, but they are still higher today than they were at the beginning of the year by more than 30%. The COVID-19 pandemic has an effect on the supply of these valuable metals, and the state of the economy has driven up the price of metals generally, leading to price spikes and rising demand for used catalytic converters that can be disassembled to extract these precious metals.
The average catalytic converter includes three to seven grams of platinum, two to seven kilos of palladium, and one to two grams of rhodium, according to Waste Advantage Magazine. In June 2022, platinum will cost about $30 per gram, palladium will cost about $60 per gram, and rhodium will cost about $440 per gram. By taking those costs into consideration, we can determine that the typical catalytic converter can contain platinum worth up to $90, palladium worth up to $420, and rhodium worth up to $880. As a result, depending on the type, the average catalytic converter has a precious metal value that can range from the low hundreds to more than $1,500.
Even though a catalytic converter may include precious metals with a four-figure worth, a burglar is unlikely to find pricing like that. They frequently sell to a recycler, who then sells them to a place where the metals may be extracted. Given that they can make over $500 for some models with only a few minutes of work, thieves are likely to see less than half of that, but the job is still valuable. Because of the known contents and concentrations of precious metals in specific catalytic converters, some models are frequently targeted more frequently.
It’s not by chance that the Toyota Prius from the middle of the 2000s is frequently mentioned as a target in these thefts. The GD3 model catalytic converter, one of the most precious metal-packed converters, is found in them. At the time of writing, Ecotrade Group lists that model as a bestseller with a current market price of more than $600. The same recycling company reports that catalytic converters from the Chevy Trailblazer, which uses one that can sell for almost $400, contain equal amounts of these precious metals. Taller vehicles like the Trailblazer are frequently more vulnerable to this type of theft simply due to practicality; a thief can simply slide beneath with a battery-powered saw to chop off the exposed catalytic converter without having to jack them up. However, not all catalytic converters are created equal, as we can see from the costs for similar-era Chevrolet and Toyota catalytic converters that are much below $100. These prices are most likely based on the known amounts of precious metals for that particular model numbers.
States are attempting to stop these thefts by passing legislation that will increase the penalties for those who are discovered in possession of stolen catalytic converters and enact regulations on how they can be sold, but it’s an uphill struggle that is closely tied to those precious metal prices, and as long as they remain high, many are likely to take the risk of attempting to obtain these valuable catalytic converters.
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