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What Determines The Worth Of Your Toyota Catalytic Converter Scrap yards and recycling companies determine the price of catalytic converters by considering the precious metals within them and other ...
In 2020 there was an average of roughly 1,200 catalytic converter thefts a month in the U.S., up sharply from an average of about 280 the previous year, according to the organization.
The converters contain precious metals in high demand. For example, gold sells for more than $1,800 per ounce, but gold is not found in catalytic converters.
Drivers are returning to their cars only to find their catalytic converter has been sawn off, as thieves make the most of surging prices for the rare metals used in these devices.
Catalytic converters range in price, depending on the year, make, and model. Those that have more precious metals — like hybrid cars, such as the Toyota Prius — are more likely to be targeted.
Soaring prices for precious metals contained in some auto components is driving a rash of thefts in coastal Georgia.
Catalytic converter thefts are not new, but throughout the state and nation, the dark-hour surgery has been increasing with the value of precious metals in the pollutant-scrubbing devices.
Two men next month will answer allegations that they illegally purchased catalytic converters in the first Mobile County use of a new law designed to stamp out the black market for the devices.
Reported thefts of catalytic converters in Houston and Harris County more than tripled this year, prompted by rising metal prices during the COVID-19 pandemic, law enforcement officials said.