Quick Answer: How Much Is The Platinum In A Catalytic Converter Worth?

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.

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 an average of $50 per converter for the precious metals inside them.

Why are Toyota catalytic converters stolen?

Because their converters are less contaminated by exhaust gases, hybrid cars are favoured by thieves, although SUVs of all makes are also targeted for the easier access they offer to the vehicle’s underside.

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.

How can I get the most money out of my catalytic converter?

When selling your scrap catalytic converter, serial numbers are the most accurate way to get the right price for the value of it. Serial numbers will provide, not only the year, make, and model of the vehicle it came from, but also the recovery of precious metals from inside for the processors.

How do you get platinum out of 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 platinum is in a catalytic converter?

There are between 3-7 grams of platinum group metals in a standard catalytic converter, but the amount varies based on manufacturer and model. Keep in mind that the minimum lot size we accept for smelting and refining is 500 catalytic converters or 1000 pounds of loose catalyst.

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 is a Hyundai catalytic converter worth?

Large Breadloaf: Previously: $127 – Now $141.

How much is a gram of platinum worth today?

Live Metal Spot Price (24hrs) Oct 03, 2020 at 20:39 ESTPlatinum Spot PricesTodayChangePlatinum Price / Oz$ 889.95-0.17Platinum Price Per Gram$ 28.61-0.01Platinum Price Per Kilo$ 28,612.56-5.47

How much palladium is in a catalytic converter?

Depending on the manufacturer, the concentrations of PGMs in the unit vary widely. In recent car catalytic converters, Pt concentration ranges from 300 to 1000 μg·g−1; for Pd, the concentration ranges from 200 to 800 μg·g−1; and for rhodium, they vary from 50 to 120 μg·g−1.

What vehicles have the most valuable catalytic converters?

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.

Why is catalytic converter so expensive?

A new catalytic converter can cost $1,000 or more, making it among the most expensive individual parts on any car. They are costly because they use expensive metals such as palladium to promote the chemical reactions that cleanse the exhaust.

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%.

How much HP does removing a catalytic converter add?

Removing the cat will have almost zero impact on engine HP. The exhaust will be slightly less restrictive, but that will cause unnoticeable gains. A more effective way to boost HP is to retune the engine, by advancing the timing.