What Makes A Catalytic Converter Worth Money?

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..

What is an ounce of platinum worth?

Platinum Price in Australian Dollar – Australia1 ounce (31.1 grams)A$1,320.551 kilogramA$42,456.671 gramA$42.46

How do you get the platinum out of a catalytic converter?

To remove the platinum coating on the catalyst pieces, the catalyst pieces must be removed from the converter. This is done simply by turning up the catalytic converter lengthwise and pounding on one end with a blunt instrument until the catalyst pieces start to fall out of the lower, open end of the converter.

How can I stop someone from stealing my catalytic converter?

Park in well-lit areas and close to building entrances, when possible. Have a mechanic weld the catalytic converter to your car’s frame, making it harder to steal. Park your car inside your garage and keep all garage doors shut and locked. Set your car’s alarm to go off when it detects vibration.

Which cars are most likely to have catalytic converter stolen?

The most susceptible cars are:Honda Jazz.Toyota Prius.Toyota Auris.Lexus RX.

Is it safe to drive without a catalytic converter?

Typically yes. Your vehicle can operate without a Catalytic Converter. It may throw an engine fault code as it does look for the catalyst to filter before reaching the rear oxygen sensor present in your exhaust system to adjust fuel curves or Air to Fuel ratio. There are work arounds for this.

Why are Prius catalytic converters being stolen?

These thefts occur in older Prius cars built by 2011 due to a rise in the value of precious metals found in converters in hybrids. They are targeted because they have two power sources — an electric motor and a gas engine — so their converters are used less frequently to process pollutants.

What electronics contain the most gold?

Computers and televisions tend to be the electronics with the most gold in them, but camcorders, media players, game consoles, and cell phones also contain gold.

What are Cadillac converters worth?

Depending on the age and type of vehicle, the PGMs in a catalytic converter can be worth anywhere from $200 to a rare $1,000 or more. The newer and/or smaller cars being closer to $200. The larger, older vehicles could have catalytic converters worth $600 and up.

Where do thieves sell catalytic converters?

Catalytic Converters are located under a vehicle on the exhaust pipe before the muffler(s). Thieves take the stolen Catalytic Converters to metal recyclers. The recyclers pay an average of $50 per converter for the precious metals inside them.

Is my old catalytic converter worth anything?

Catalytic converters contain a range of precious metals and can fetch hundreds of dollars on the black market. The fact that they contain valuable metals means catalytic converters are great candidates for recycling. But do not rush to pull yours out when you go to sell or scrap your car.

How much platinum is in a catalytic converter?

There are between 3-7 grams of platinum group metals in a standard catalytic converter, but the amount varies based on manufacturer and model. Keep in mind that the minimum lot size we accept for smelting and refining is 500 catalytic converters or 1000 pounds of loose catalyst.

Does removing catalytic converter affect engine?

Increased Horsepower Cars that have their catalytic converters removed experience an increase in engine horsepower. Catalytic converters create a significant source of engine back-pressure due to the constrictive effects they have on exiting engine exhaust gases.

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.

What vehicles have the most valuable 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.

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 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%.

Why do people steal catalytic converters?

Catalytic converter theft is soaring across the country as criminals cash in on a boom in global precious metal prices. These metals — platinum, palladium and rhodium — are used in converters to capture noxious gases as they flow through a vehicle’s exhaust system.