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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. They can be converted into more cash when Pt, Pd, Rh are recovered from the scrap catalytic converter. How much is a gram of Platinum (Pt) worth?Worth of Platinum metal is increasing with time as its shown on the table. It’s economic value never decreased as seen in the table last 20 years. So that’s meaning Platinum’s value is getting more important every day. Nowadays, platinum price per gram is around $31.  How much is a gram of Palladium (Pd) worth?Considering the variability of the palladium value, although there was a decrease for a period, it did not cause a serious decrease in general. It is still valuable and its economic value continues to increase. Nowadays, palladium price per gram is around $72. How much is a gram of Rhodium (Rh) worth?Looking at the change in the value of rhodium in the last 10 years, although it has remained stable most of the time, it has increased significantly in the last two years. Nowadays, rhodium price per gram is around $287. Although the quantities vary by model, on average, only one standard catalytic converter contains about 3-7 grams of platinum, 2-7 grams of palladium, 1-2 grams rhodium. That provides serious gains when tons of scrap catalytic converters are recovered. As Proses Makina Company, we provide to you all precious metals in the scrap catalytic converter recovery for economic gain with our high efficiency, last technology systems. Your vehicle is a complex piece of machinery with many different components and systems in place that keep it running smoothly and cleanly. When one of those components goes bad, you could end up with serious problems that affect how the car functions and performs. In the exhaust system, the catalytic converter is one of the most important pieces and it is crucial that it is in good working order to protect your vehicle and the environment. Your catalytic converter is incredibly important and keeps your emissions at a healthy, acceptable level. Many states require you to have a working catalytic converter in your vehicle to comply with their emissions standards and, unfortunately, catalytic converters are very expensive to replace when they go bad. Knowing which cars have the most expensive catalytic converters can help you be ready when the time comes to get a replacement. Why Are Catalytic Converters Stolen So Often?The main reason that catalytic converters are stolen so often is the fact that they have precious metals inside them. Because of this, they are often stolen and sold for scrap or sold on the black market. This has become such a prominent issue that many people install locked cages around their catalytic converter to prevent thieves from taking off with them. This is especially an issue for aftermarket converters, which are easier to remove than the factory's original ones. The most commonly stolen catalytic converters are the ones that are on hybrid vehicles. This is due to the fact that hybrid vehicles put out fewer emissions than fully gas-powered cars. These converters are more likely to be in good shape and will fetch a higher price. Because of this, it is essential that you lock up your catalytic converter if you drive a hybrid such as a Toyota Prius. Also, vehicles that are higher off the ground and thus easier to sneak under and cut off the catalytic converter are usually targeted more often, according to the National Insurance Crime Bureau (NICB). What Catalytic Converters Are Most Likely to Be Stolen?The following vehicles are the most likely to have their catalytic converters stolen, according to CarFax.com and the NICB:
These are among the most popular vehicles on the market and thus easy and common for thieves to find. The Toyota Prius is often targeted because it actually has two catalytic converters to help scrub emissions so the components are often in better shape than another vehicle. How Much Does it Cost to Replace a Catalytic Converter?A replacement catalytic converter alone can run between $300 and $3,000, depending on which model vehicle you have. And that's for just the part and before any labor to install it, which can run between $70 and $130 an hour. What Can I Do to Help Stop My Catalytic Converter From Being Stolen?There are several steps you can take to make your car's catalytic converter less attractive to thieves: Get your catalytic converter etched: Install an anti-theft cover or shield: Park smart: Which Cars Have the Most Expensive Catalytic Converters?One of the biggest downsides of having a catalytic converter on your vehicle is the fact that they are so expensive to replace. Due to the rarity of the precious metals that trigger the catalyst, producing catalytic converters is very pricey. In general, the average replacement catalytic converter price, not including labor costs, is between $800 and $1,200. While this is the average price for mainstream vehicles, some cars require more expensive catalytic converters. Sometimes, a car will even require more than one, which effectively doubles the cost of replacement. Knowing which vehicles have the highest catalytic converter replacement cost can help you be ready when the time comes. The Ram 2500 is a full-size pickup with a lot of power and capabilities beyond those of a regular truck. However, its massive HEMI engine also requires a more complicated and expensive catalytic converter. For a new converter for a Ram 2500, you can expect to pay somewhere around $3,460, not including the labor required to install it at the automotive shop. 2003 - 2022 Ford F-250Like the Ram 2500, the Ford F-250 is a large truck with an equally large engine. Unfortunately, the bigger the engine, the more emissions it will produce and that will require a more expensive catalytic converter. An OEM replacement converter for a Ford F-250 will cost around $2,804 before the cost of installation. 1974 - 2022 Ford MustangFord Mustangs are classic muscle cars that have been in production for many decades. Like the Ford F-250, they also have relatively large engines that require more exhaust flow, which increases the price of a catalytic converter. A new converter for a late-model Ford Mustang runs around $1,500, which is on the top end of the average price for most production cars. 2019 - 2022 Lamborghini AventadorThe Lamborghini Aventador is a 12-cylinder, 769-horsepower hypercar with breathtaking acceleration and a massive top speed. However, because of its huge engine, the Aventador requires two catalytic converters and they are both exceedingly expensive. The cost of one of them is around $3,120, bringing the total replacement cost up to $6,240, which is incredibly high on the list of most expensive catalytic converters on the market right now. 2004 - 2009 Ferrari F430The Ferrari F430 is a production sports car made as a successor to the incredibly popular Ferrari 360. Like the Lamborghini Aventador, the F430 requires two catalytic converters for its dual exhaust system. However, the converters are even more expensive, bringing the total price up to the top of the list. Getting a new set of catalytic converters for a Ferrari F430 will cost upwards of $7,540 before labor. What is a Catalytic Converter?A catalytic converter is a component that sits at the end of your car’s exhaust system and is designed to reduce the harmful emissions put out by the vehicle. On the outside, it looks like a smaller version of the muffler but it is very different on the inside. They are designed to clean the emissions that are coming out of your engine and make them less harmful to the environment over the course of your vehicle’s life. Some of the emissions that come out of your engine through the exhaust system are more harmful than others. These include things like hydrocarbons, carbon monoxide, and nitrogen oxides, which come out with exhaust gasses. Since 1975, catalytic converters have been added to the exhaust to help reduce these compounds, which can contribute to greenhouse gasses and other things that reduce air quality and create holes in the ozone layer. What Does a Catalytic Converter Do?Catalytic converters do exactly what their name implies, which is to take the harmful emissions that come out of your car’s tailpipe and convert them to less harmful compounds. Using a catalytic process, they remove many of the worst emissions byproducts and make your car run cleaner. This is why many states require them in order to improve air quality and keep damaging emissions out of the atmosphere. Catalytic converters work by running the exhaust through a honeycomb mesh made of precious metals. These metals include palladium, rhodium, and platinum, which act as the catalyst and create the chemical reaction that is needed to clean up the exhaust. The cost of these precious metals is what makes catalytic converters so expensive to replace when they eventually go bad. What Causes a Catalytic Converter to Fail?One of the things that can happen with a catalytic converter is that they get clogged or the precious metals wear out due to overheating. This usually happens when unburned fuel makes its way into the catalytic converter due to misfiring or a bad spark plug. Overheating can also happen if your oxygen sensor has failed, which can cause the car to run too rich. This means that there is too much gas in the air and fuel mixture, and it will end up in your catalytic converter. One of the other main reasons why catalytic converters fail is a blockage from carbon buildup. It can get clogged and restrict the flow of your exhaust, causing engine and performance problems. This can also happen when oil or antifreeze is allowed to flow into the catalytic converter due to leaks or other issues. One of the most surefire ways to know that you have a bad catalytic converter is rough engine performance or bad fuel economy. This happens when air is not able to enter the engine due to a backup of exhaust gasses from a clogged catalytic converter. You may notice things like poor acceleration or consistent stalling that hasn’t happened with your car in the past. Another common sign of catalytic converter failure is a rotten egg smell or the smell of sulfur. This is usually due to poor conversion of the exhaust gasses and is a sign that the time has come to get a new catalytic converter. In these cases, you may also notice that your vehicle is exceptionally hot due to an inability to properly disperse the heat through the exhaust system. You may also know that you have a bad catalytic converter if your check engine light comes on. When this happens, you will not be able to take your car in for an emissions test. For most states, a check engine light means an automatic fail on the smog test, so you will need to get a replacement before you can get a clean test and register your car. Where is the Catalytic Converter on My Car?The catalytic converter on your car is going to be located in the exhaust system. They are often out of the way of things like road debris and bumps, which can cause serious damage. Sometimes, they are contained within locked protective cages to prevent theft and keep them safe from stones and other things that can be kicked up off the road. Generally, your catalytic converter will be located somewhere near the exhaust manifold underneath your car. However, the location will change from vehicle to vehicle depending on the design and whether it is clamped or welded in. The catalytic converter will look something like a smaller muffler located on the exhaust pipe. Final ThoughtsWhile it depends on your vehicle and your state, you most likely will need to replace your catalytic converter at some point. If you have not had to replace one before, it is a good idea to know how much it will cost to get a new one when the time comes. This can be an expensive part to replace and the more prepared you are, the more likely you will be to get it done in a timely manner so you can get back out on the road. |
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