How Much Is A Catalytic Converter Worth Scrap?

Where is the best place to sell catalytic converters?

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..

Why do thieves steal catalytic converters?

Catalytic converters are designed to act as a line of defense against harmful exhaust system emissions by turning pollutants into harmless gasses, according to Cars.com. Thieves target catalytic converters because they contain precious metals, like platinum, palladium or rhodium, that are valuable to metal dealers.

What do you do with old catalytic converters?

You can ship your used catalytic converters directly to Specialty Metal Smelters & Refiners for recycling. We’ll recycle them for you and write you a much bigger check than a local catalytic converter company can – and it’s easy. It’s not difficult or expensive to ship them to us.

What catalytic converters are worth the most for scrap?

Catalytic converters have economic value as they contain precious metals. This is the main reason why they are sold as the most expensive scrap. Because it contains rhodium, palladium and platinum, which are among the most precious metals.

How much is my Cadillac converter worth?

Depending on the age and type of vehicle, the PGMs in a catalytic converter can be worth anywhere from $200 to a rare $1,000 or more. The newer and/or smaller cars being closer to $200. The larger, older vehicles could have catalytic converters worth $600 and up.

Are old catalytic converters worth any money?

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 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 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.