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Old 29th March 2008, 13:04   #1
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Default Thieves Leave Cars, but Take Catalytic Converters

Found this interesting news today,

In US, thieves are now going after catalytic converters. strange but true!
the small amount of precious metals in the cat-con is the reason apparently!

Another reason to use FFE!

here is the whole article
http://www.nytimes.com/2008/03/29/us...hp&oref=slogin

P.s. MODs please post it in appropriate section.
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Old 29th March 2008, 17:20   #2
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LOL,i think the news of this will spread and we might end up loosing ours.Is the catalytic converter that precious-more precious than gold.I am damn sure we dont have that metal in our cats.
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Old 29th March 2008, 17:30   #3
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From the article

Quote:
Selling stolen converters to scrap yards or recyclers, a thief can net a couple of hundred dollars apiece.
They have a reason, but still simply outrageous .Thieves have gotten ahead of time.
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Old 9th April 2008, 15:28   #4
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Default Your catalytic converter -- next item to get stolen

The honeycomb filter inside a catalytic converter contains trace amounts of platinum, palladium and rhodium, which catalyze chemical reactions and clean emissions at very high temperatures. All these metals are many times more precious than gold.



That makes the catalytic converter one of the most expensive small part of the auto world.

So, a stolen catalytic converter is worth at least Rs. 5000 to Rs. 8000.
And it's the easiest thing to steal.

Catalytic converters have suddenly become the rage on the black market in the USA.

Today's price of Platinum is over Rs. 2,800 per gram.

Replacement CAT converters usually start around Rs. 18,000. For large imported SUVs, it can cost over Rs. 50,000.

Naturally, a catalytic converter is the most easily stolen item of automotive merchandise. These thefts are increasingly common.

How much is a catalytic converter for a Skoda Octavia?

Ref:
Catalytic Converter Theft on the Rise - April 2008 Auto and Car News
Gone in 60 seconds: treasure in your car - Crime & courts - MSNBC.com
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Old 9th April 2008, 19:09   #5
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Ram theres a similar thread in shifting gears if i am not mistaken. Remember reading about it before.
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Old 9th April 2008, 19:25   #6
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Moderator's note: Thread merged with exisiting topic of same nature
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Old 9th April 2008, 19:28   #7
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Wouldnt it be a long and tough process to extract the metals from it?

Or they make money out of it by selling it?
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Old 9th April 2008, 19:28   #8
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Quote:
Originally Posted by rohan_fonseca View Post
Ram theres a similar thread in shifting gears if i am not mistaken. Remember reading about it before.
BTW, have you heard of catalytic converter theft in India?

Surely it will happen in an advanced city, where the thief has an outlet to sell off stolen merchandise.
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Old 9th April 2008, 19:30   #9
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Thank goodness! Not yet!
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