Quick Answer: What Makes A Catalytic Converter Worth Money?

How much is a catalytic converter worth scrap?

Metal/MaterialCurrent PriceExotic Cat Exotic catalytic converters are from foreign cars.

GET QUOTE VIEW METAL DETAILS$225-$450/eachHigh Grade Domestic Cat Off domestic cars.

GET QUOTE VIEW METAL DETAILS$145-$181/eachPre-Domestic Cat Pre-Domestic Cat.

GET QUOTE VIEW METAL DETAILS$27-$51/each23 more rows.

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 vehicle has the most expensive catalytic converter?

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 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 has become popular because of their value, relative ease to steal (unbolt or cut out), and their lack of identifying markings. … Thieves take the stolen Catalytic Converters to metal recyclers. The recyclers pay up to $120 for some converters for the precious metals inside them.

What do you do with old catalytic converters?

In most cases, the easiest way to recycle a catalytic converter is to take your entire car to an automotive recycler. Scrap metal dealers or car scrap yards are the most likely candidates to take your old car off your hands.

Is my old catalytic converter worth anything?

Are your old catalytic converters worth money? Yes, they are! Indeed, they contain some precious metals that are rare and valuable. Thus, consider recycling them instead of throwing them away!

How do you 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 is the platinum in a catalytic converter worth?

At the very least, a small used catalytic converter will have about 4 grams of platinum in it. Doing the math, this means that this part contains about $125 worth of platinum. It’ll be worth even more if it has small amounts of palladium or rhodium.

It’s not illegal per se, but there are requirements for what kind of used converters you can use. EPA considers it a violation of the policy to install a used converter from a salvage yard or sell it for reuse unless it has been properly tested and labeled.

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.

How much platinum can you get out of a catalytic converter?

On average, there are between 3-7 grams of platinum in a standard catalytic converter, but the amount varies based on manufacturer and model. So you can see how our minimum acceptable lot size of 500 catalytic converters or 1000 pounds of loose catalyst can add up to reclaimed profits for you.