Selling Your Catalytic Converter for the Most Money (2024)

Selling Your Catalytic Converter for the Most Money (1)

Are you looking to sell your catalytic converter but don’t know where to start? The team at the iScrap App is here to help. Suppose you have a used, broken, or scrap catalytic converter. In that case, you should know they’ve recently become a highly demanded recyclable asset, not for the reason you’d think.

Selling Your Catalytic Converter for the Most Money (2)

Catalytic converters are crucial to the functioning of your car, as they “convert toxins into less harmful byproducts,” so it’s essential to have one that works. Without a good cat, you risk inhaling harmful vapors and your vehicle emitting them. Many folks don’t expect that catalytic converters aren’t on the market for their original function – there’s a vast market of buyers who will pay a lot for your cat due to its scrap metal value! With new emission laws going into place, the demand is increasing. They contain platinum, palladium, rhodium, ceramic/metal foil, and sometimes even metal shields made of steel.

Selling Your Catalytic Converter for the Most Money (3)

The most common problem folks run into is that recycling catalytic converters for scrap metal is a relatively new practice for many scrap yards and gearheads, so it’s common for buyers and sellers of scrap catalytic converters to undervalue the part. You could sell to local auto shops, but you risk getting a low value for your catalytic converter if you use this option because auto shops are usually focused on profit for functional parts.

On the other hand, it’s a great option to sell to a scrap yard, where the employees aren’t as concerned with the functioning of the auto parts you bring in and will often pay you a more reasonable price than auto shops because they see the value of the materials they can pull from catalytic converters. In short, scrap yards are your best bet for selling your catalytic converter because they will focus on the value of the metals in your cat, not your cat as an auto part.

Things to Know Before Selling Your Catalytic Converter

Selling Your Catalytic Converter for the Most Money (4)

When it comes to selling catalytic converters, there are a few things you need to know about the parts themselves and the market for them. The most important thing to know is that some buyers are unreliable and may underestimate your catalytic converter’s value. Often, this occurs because the person buying your catalytic converter is either new to the industry and doesn’t know the value of the precious metals they can find in cats or because they’re ripping you off in an assumption that you don’t see what you’re doing.

Getting a low quote for a catalytic converter is shared among inexperienced scrap yard workers and mechanics who tend to focus on the value of the part, not necessarily the metal. Read on for a few tips on preparing to sell your catalytic converter and how to make the most money doing it!

Know Your Stuff About Catalytic Converters

If you’re going to sell your catalytic converter, it’s essential to know the year, make, and model of the vehicle it came from. This information will help you get a more accurate quote and provide your scrap yard buyer with the information they need to give you a fair price. Don’t tell them what year, make, or model it is until they tell you – this will help you determine if they “know their stuff.” You should also know the serial number of your catalytic converter, making identifying the part much simpler for everyone. Some steel wool can help you uncover the numbers if it’s hard to see.

Selling Your Catalytic Converter for the Most Money (5)

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What is an Aftermarket or Original Catalytic Converter?

When you’re making money on catalytic converters, you should know that you’re more likely to get a higher payout for catalytic converters that were put into the vehicle when it was manufactured. You can usually tell if a catalytic converter was put on aftermarket if there is a “shiny silver shield wrapped around” it, which often has an arrow that serves to show the mechanic “which way the airflow is going through the exhaust system” so that they can install it correctly.

Suggested Reading: Aftermarket or OEM Catalytic Converter?

Don’t Take The Honeycomb Out of Your Catalytic Converter

For amateur scrappers, removing the mesh “honeycomb” screen inside the catalytic converter is often their first instinct. Don’t make this mistake – that’s where most precious metals can be found! This screen can also help the scrap yard identify the kind of vehicle your cat came from if that information isn’t readily available.

How To Cut The Exhaust Pipes Off Catalytic Converter

When you’re getting ready to sell your catalytic converter to a scrap yard, you can make it easier for them to see what they’re dealing with by cutting off the exhaust pipes that stick out either end of the part. They will cut these pipes off regardless, so taking on the job yourself can make you more money by taking that labor off their plate. This also helps them better assess the part and yield a more accurate quote!

When selling catalytic converters, consider the information above and carefully choose a buyer. You might think that the buyer chooses you, but the reality is that some folks will undervalue your catalytic converter when you could be making more money on it. Call several auto parts shops and scrap yards and compare estimates! If someone “lowballs you,” it’s probably because they don’t know the actual value of the part.

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Selling Your Catalytic Converter for the Most Money (7)

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Best Practices for Selling Your Catalytic Converter

When it comes to selling catalytic converters, there’s a lot to know and a lot to do, as is evident by the length of this article! While you could visit many scrap yards in your area to collect and compare quotes, you can save time and energy and get a reliable price for your catalytic converter using RRCats.com.

Send them a photo of your catalytic converter from overhead and any serial numbers you’ve found. Send your photos to the Team at RRCats.com and get a quote within one business day! If you agree with the selection and want to sell it to their Team, you can ship your catalytic converter straight to them.

Overall, the essential part of selling catalytic converters is investing time and energy in finding a reliable buyer who won’t undervalue the claims you bring. Be wary of anyone who gives you the sense they’re an amateur, and compare quotes with multiple scrap yards before making a decision. With these tips in mind, you’ll be well on making money on catalytic converters. Happy selling!

Other Valuable Resources

  • 4 Ways To Prepare Your Catalytic Converters for Scrap
  • Metal Monday: Catalytic Converters
  • Looking Inside a Catalytic Converter
  • How Scrap Catalytic Converter Prices Are Determined
  • Why Are Catalytic Converter Prices So High?
Selling Your Catalytic Converter for the Most Money (2024)

FAQs

Who pays the most for catalytic converters? ›

DMV Recycling will give you the most money for your old catalytic converters. Our team is highly trained, which allows them to give exceptionally accurate quotes.

How to get the most money from a catalytic converter? ›

A catalytic converter that is newer and has 3- or 4-way emissions will be worth more than a 2-way or old converter. The second factor is the condition of the converter. A catalytic converter that is broken in half or melted will not be worth as much.

What is the highest scrap value of a catalytic converter? ›

It's possible to get up to $1,000 for your catalytic converter. The amount you may be offered at a local scrapyard can vary tremendously since the precious metals inside the converter (namely platinum, palladium, and rhodium) will ultimately determine what the converter is worth.

What's in a catalytic converter that's worth a lot of money? ›

Among the most valuable metals in the world are three platinum-group metals - platinum, palladium, and rhodium, which are all found in catalytic converters. These metals' value in the PGM market is even higher than that of gold.

How much scrap is a catalytic converter worth? ›

Metal/MaterialCurrent Price
Small Breadloaf Cat Small size breadloaf catalytic. GET QUOTE VIEW METAL DETAILS$40-$304/each
Large Breadloaf Cat Larger sized cat. GET QUOTE VIEW METAL DETAILS$46-$504/each
Small Domestic Cat Small Domestic Cat. GET QUOTE VIEW METAL DETAILS$21-$170/each
24 more rows

Who is buying the catalytic converters? ›

During processing, the metal is blended with legitimate supplies from mines and scrapyards, The New York Times found, before being sold primarily to companies that make catalytic converters for automakers, as well as pharmaceutical companies for cancer and other drugs, military contractors for weapons production, and ...

Is a bad catalytic converter still worth 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!

Are older catalytic converters worth more? ›

The weight of the precious metals that can be reclaimed from your catalytic converter determines the associated amount of money you receive. Newer converters contain less weight than older ones due to their size but have higher values of precious metals as a result of more stringent environmental regulations.

How much platinum is in a catalytic converter? ›

The average catalytic converter has 3 to 7 grams of platinum worth about $100 – $237. Platinum is more valuable than gold, silver, and even palladium and is a good target for thieves. As of 2022, the platinum price is $997 per ounce and $32.18 per gram.

How do you get platinum out of a catalytic converter? ›

The pyrometallurgical process for the recovery of platinum from the spent catalyst involves three methods: smelting, vaporization, and sintering (Peng et al., 2017). Crushed spent catalysts are mixed with various collectors such as lead, copper, iron, matte, or PCB (printed circuit board) for helping platinum recovery.

Is there an app to look up the value of a catalytic converter? ›

Cat DB is the No. 1 catalytic converter pricing app.

Where is the platinum in a catalytic converter? ›

In this case, the catalyst in a catalytic converter is, as you say, platinum (Pt). The platinum is embedded in ceramic, kind of like chocolate chips in a cookie. You'll have to smash the ceramic to free the platinum.

How much is a gram of rhodium? ›

The current price of Rhodium is $164.02 per gram.

Please note that the price provided above is the retail price for private investors and is aligned with industry retail pricing. For bulk rhodium purchases, whether industry or investment, please contact us directly for a quotation.

Is there gold in a catalytic converter? ›

Once upon a time when Catalytic Converters came into existence, Gold & Platinum were coated in the Catalytic Converters Core. The core was made of zinc or Aluminum. But later Platinum, Rhodium & Palladium were found to be more effective than Gold Plating.

How much is an ounce of rhodium? ›

PGMs
Price
RHODIUM USD/Oz4200.00
RHODIUM GBP/Oz3372.54
RHODIUM EUR/Oz3951.78
RUTHENIUM USD/Oz465.00
5 more rows

Is it legal to sell a used catalytic converter in California? ›

It is illegal to buy or sell a used catalytic converter in California, except for sales to a recycler who will dismantle the unit and recover the metal content. This means that you can't go to a junkyard and buy a catalytic converter off a junked car.

How much is a Toyota Camry catalytic converter worth for scrap? ›

The actual value you get for your Toyota catalytic converter depends on your car model and the size and weight of the catalytic converter, and the price can range from $75 to $700 when sold as scrap.

How much rhodium is in a catalytic converter? ›

Typically, the amount of rhodium in a catalytic converter is anywhere between 1-2 grams, while the amount of platinum ranges anywhere from 3 to 7 grams and the amount of palladium ranges anywhere from 2 to 7 grams.

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