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Last year, thieves stole 27,609 catalytic converters in the US, with more than half of those thefts happening in California, according to the National Insurance Crime Bureau.
Rising metal prices in the U.S. during the 2000s commodities boom led to a significant increase in converter theft. A catalytic converter can cost more than $1,000 to replace, more if the vehicle is damaged during the theft. [52] [53] [54] Apart from damaging other systems of the vehicle, theft can also cause death and injury to thieves. [55]
Claudette Hill was one of many L.A. car owners who had their catalytic converters stolen during a rash of thefts in 2020. Right away, the retired seamstress got the auto part replaced.
Thefts of catalytic converters, an anti-pollution part, have skyrocketed since 2019 because of the value of the precious metals inside them. Although catalytic converter thefts nationally are down ...
The catalytic converter is a device placed in the exhaust pipe, which converts hydrocarbons, carbon monoxide, and NO x into less harmful gases by using a combination of platinum, palladium and rhodium as catalysts. [16] There are two types of catalytic converter, a two-way and a three-way converter.
[5] In 2022, catalytic converter thefts cost victims over $382 million. [6] From 2001 to 2021, the price of PRP rose dramatically: platinum rose from $530 per ounce to about $1100 ($912.00 to $1,237, adjusted for inflation). [2] This led to an epidemic of thefts targeting the device for sale to scrap dealers. [4]
More than 50,000 catalytic converters were stolen off parked vehicles in the U.S. last year, a massive increase from 2020 (around 14,500) and 2019 (3400).
The process of recycling a vehicle is extremely complicated, as there are many parts to be recycled and many hazardous materials to remove. Briefly, the process begins with incoming vehicles being inventoried for parts. The wheels, tires, battery, and catalytic converter are removed. Fluids, such as engine coolant, oil, transmission fluid, air ...
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