Why do Catalytic Converters get stolen?
As Platinum costs rise, the Catalytic Converter becomes a hot commodity. Modern thieves looking for a serious payoff are skipping the obvious old staples and crawling underneath your car in search of the real prize: the catalytic converter. Standard issue on cars in this country since the mid-1970s, catalytic converters use a small amount of platinum to convert harmful engine emissions, including nitrogen oxides and carbon monoxide, into less harmful ones, like nitrogen and carbon dioxide.
In the last few years, Platinum has reached prices upwards of $2,100 per ounce! Since your truck's cat may have between three and seven grams of Platimum, that little metal box under your car just became a whole lot more interesting to theives looking to score some quick cash.
As Platinum costs rise, the Catalytic Converter becomes a hot commodity. Modern thieves looking for a serious payoff are skipping the obvious old staples and crawling underneath your car in search of the real prize: the catalytic converter. Standard issue on cars in this country since the mid-1970s, catalytic converters use a small amount of platinum to convert harmful engine emissions, including nitrogen oxides and carbon monoxide, into less harmful ones, like nitrogen and carbon dioxide.
In the last few years, Platinum has reached prices upwards of $2,100 per ounce! Since your truck's cat may have between three and seven grams of Platimum, that little metal box under your car just became a whole lot more interesting to theives looking to score some quick cash.
