Why Are Prius Catalytic Converters Being Stolen?

What is a Prius catalytic converter worth?

Translate that into Toyota Prius that has a very high concentration of palladium in their catalytic converters, and you have a recipe for theft since a Prius converter can easily fetch a prime $850 or more..

How easy is it to steal a catalytic converter?

An Easy Grab and Go Thieves can remove a catalytic converter quickly, often in less than two minutes, so theft can even occur in broad daylight. The only tools a thief needs are a wrench (for converters that are bolted on) or a reciprocating saw (for converters that are welded in).

What cars have their catalytic converters stolen?

All petrol and diesel cars have catalytic converters, but thieves target older model hybrids, for example my 2012 Prius and others such as the Honda Jazz, because they are easier to access and contain larger amounts of the metals.

How long does it take to steal catalytic converter?

They can sell them to scrap yards for up $200, says Edmunds. But, how are catalytic converters removed? Thieves typically use a saw or wrench to remove it, depending on whether the catalytic converter is bolted or welded in, says Edmunds — and removal can take as little as one minute.

How much palladium is in a catalytic converter?

There are about two grams of harvestable palladium in a Toyota Prius converter, which can fetch up to around $450 at scrapyards, according to an autos scrap specialist at European Metal Recycling, a U.K. company. It is relatively straightforward to steal a catalytic converter.

What catalytic converters are worth the most?

Keeping this in consideration, which catalytic converters are worth the most? Amazingly, the top three most expensive precious metals found within a catalytic converter include rhodium, palladium, and platinum!

What do I do if someone stole my catalytic converter?

Having anything stolen is upsetting. Contact the police and file a report if you’re a victim of catalytic converter theft. Contact your insurance company immediately as well. Do what you can to help prevent theft.

What color car gets stolen the most?

silverThe most commonly stolen car color is silver, with over $4.3 billion worth of thefts of silver vehicles in 2012 alone. The average loss for victims with silver cars was $6,019. That same year, there were some states that had the least amount of thefts, which can be reassuring if you live in one of these states.

Can I drive my Prius without a catalytic converter?

The catalytic converter is tougher than most parts found in your car. That’s because it needs that toughness to withstand high operating temperatures. But it can still break down or fail due to rust, impact damage, or engine performance problems. … Technically, you can still drive without a catalytic converter.

Is a Prius easy to steal?

According to the Highway Loss Data Institute, the Toyota Prius is one of the least stolen cars in the US despite their numbers. Don’t get your hopes high yet, though; most thieves would pass on a Toyota Prius to go steal another car.

How can I 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.

Why are Prius catalytic converters so expensive?

A: You are correct. There is a sudden rash of these thefts, due to a rise in the value of certain precious metals found in catalytic converters in hybrids. … This means the metals inside them are less likely to corrode, so they’re more valuable and, therefore, more desirable to thieves.

How do you prevent the catalytic converter in the Prius?

How can you prevent catalytic converter theft?Park your vehicle in a garage or somewhere that makes it difficult for anyone to access its underside.Install CCTV and an alarm system that captures where you park.Don’t park your car in one place for a long time.Etch security details into the converter.More items…•

How many catalytic converters does a Prius have?

2 convertersThis process cleans up the exhaust and allows us to have cleaner air. They are critical, especially for the Prius, which is a low emission vehicle. The unit on Prius, comprising of 2 converters, can weigh in at a hefty $1500 or more depending on where you live.

Will insurance cover a stolen catalytic converter?

Because the catalytic converter is part of the vehicle that’s permanently installed, its theft will be covered under the vehicle’s comprehensive coverage. This means that vehicles with a liability-only policy cannot be covered for any type of theft or vandalism. …

How do I stop thieves from stealing my catalytic converter?

Always park in well-lit areas when possible. If you have a personal garage, keep your car in the garage with the door closed when the vehicle is not in use. Park close to a building entrance or to the nearest access road when parking in a public lot.

What if my stolen car is never found?

If your stolen car isn’t recovered, you may be able to claim the total cost for which your car is insured for.” … However, if the car is considered a write-off, you may receive the cost value for which it’s covered.

Why are Toyota catalytic converters stolen?

Behind the theft epidemic is the soaring value of the metals used in catalytic converters, rhodium and palladium, with gangs stripping the parts and selling them overseas. … Older hybrids are targeted as they contain more of the precious metal than newer models.