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Quick Answer: How To Make Money From Catalytic Converter

As a group, you can simply wait until you have 500 or more used converters on hand, then send them directly to Specialty Metal Smelters & Refiners and get more money for every converter. Call us at 800-426-2344 and we’ll tell you how. Start a sideline catalytic converter recycling business of your own.

How much money can you make from a catalytic converter?

Recyclers will pay between $50 and $250 for a catalytic converter, according to the NICB. The metals can be sold for even more if lifted from hybrid gas-electric cars like a Prius. “All the newer hybrid vehicles, they’re going for scrap values of anywhere from $800 to $1,500,” according to Mead.

Can I get money for my old catalytic converter?

One of the perks that should motivate you to recycle your catalytic converter is the lucrative return you can receive. Catalytic converters are full of precious metals that can be recycled, and metal recycling plants are willing to pay top dollar for your cat converter.

Are catalytic converters worth anything as scrap?

You probably already know that scrap catalytic converters can make you money! Their value comes from the rare precious metals present inside of them. Each make and model contains different amounts of precious metals which include; Platinum, Palladium and Rhodium. These metals are in high demand.

How much is a stolen catalytic converter worth?

Joseph Boche, who is a director with the International Association of Auto Theft Investigators (IAATI), explained that stolen converters can sell for as little as $50 to as much as $1,600 on the black market.

What is the highest paying scrap catalytic converter?

According to data from 2020, the most expensive catalytic converter belonged to the Ferrari F430, with a mind-popping $3,770.00 price tag.

What company pays the most for catalytic converters?

Converter King, a Metro Metals division, pays you the most for your catalytic converters. Call us today at 612-366-3036 for our best offer. In addition to our top dollar prices, we have a knowledgeable staff of converter buying specialists on site every day that will go the extra mile to assure you get the best price.

Where’s the best place to sell my catalytic converter?

Where Is The Best Place To Sell A Catalytic Converter? An obvious answer is – a scrap yard. While selling your catalytic converter to a scrap yard may seem like a better option, be wary of those you sell to.

What are the most stolen catalytic converters?

The common consensus seems to be that the Prius, Tacoma, Lexus SUVs, and the Accord are some of the most targeted cars for catalytic converter theft. So if you own one of these, make sure your car is locked up safe and sound.

Why do people steal catalytic converters?

It’s part of a system that cleans out pollutants and prevents them from entering the atmosphere. And it’s also the reason why thieves across the U.S. are sawing off catalytic converters in order to get their hands on a few precious grams of the world’s most valuable metal.

Why do scrappers want catalytic converters?

You may not realize it, but catalytic converters contain a host of precious metals. So, instead of tossing them out, recycle them! The fact that they contain valuable metals means catalytic converters are great candidates for recycling.

How do you extract platinum from 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 much are Dodge Ram 1500 catalytic converters worth?

Dodge Ram 1500 Catalytic Converter Replacement Cost Estimate. Labor costs are estimated between $126 and $159 while parts are priced at $1,504.

What is a used catalytic converter worth?

Platinum found in catalytic converters and used in jewelry. Metal/Material Current Price Flow Cats Flow Cats. GET QUOTE VIEW METAL DETAILS $37-$200/each Bead Cat Bead Cat GET QUOTE VIEW METAL DETAILS $37-$125/each Exotic Cat Exotic catalytic converters are from foreign cars. GET QUOTE VIEW METAL DETAILS $543-$800/each.

Why do Prius catalytic converters get stolen?

“The demand is high for catalytic converters, and they seem to know which ones command the highest prices, like those on the older Priuses.” Prices have soared for metals like platinum, rhodium, palladium and others, due to lower mining production in recent years, a trend that was exacerbated by the pandemic.

How much are Prius catalytic converters worth?

Hybrids require catalytic converters with a higher concentration of precious metals than those found on gasoline-only cars. The HLDI notes that the converter from a 2007 Prius is selling for about $1,022 today, compared to just $143 for the converter used a Ford F-150 from the same year.

How much gold is there in a catalytic converter?

Catalytic converters contain Platinum, Rhodium and Palladium. However, there is no gold in catalytic converters.

How much is a F250 catalytic converter worth?

Ford F-250 Super Duty Catalytic Converter Replacement Cost Estimate. Labor costs are estimated between $108 and $136 while parts are priced at $2,429.

How much are BMW catalytic converters worth?

The 2000 BMW 323i catalytic converter scrap price is estimated at around $500 -$800. Catalytic converters have economic value as they contain precious metals. This is the main reason why they are sold as the most expensive scrap.

How much is a Ford F250 catalytic converter worth in scrap?

Although these diesel catalytic converters do contain trace elements of the metals that we recycle, the value on most fall below $5.00-$10.00 each.