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Cheap Insurance explores the top 10 targeted vehicles for catalytic converter thefts, and what steps to take for prevention and protection.
The devices are typically much more valuable to the theft's victim: "it can cost between $1,000 and $3,500 or more to replace a catalytic converter that is stolen, depending on the type of vehicle." [ 5 ] In 2022, catalytic converter thefts cost victims over $382 million.
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]
New Zealand motor vehicle fleet increased 61 percent from 1.5 million in 1986 to over 2.4 million by June 2003. By 2015 it almost reached 3.9 million. This is where scrapping has increased since 2014. Cash For Cars is a term used for Car Removal/Scrap Car where wreckers pay cash for old/wrecked/broken vehicles depending on age/model.
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.
A catalogue number (British English) or catalog number (American English) may refer to: Any number used to identify an item in a catalog (disambiguation), including: Accession number (disambiguation), in libraries and museums; Auction catalogue; Catalog number (music), a number assigned by a record label
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