Catalytic converters are popular with thieves because they’re valuable as scrap metal. They contain precious metals like rhodium, platinum and palladium used to filter your emissions and reduce vehicle pollution. Catalytic converters can be sold to scrap yards for $150 to $200 per piece, depending on the size of the converter and how many precious metals are in it.
Install An Anti-Theft Device
These can include a steel shield that fits over the catalytic converter, a locking cable device that secures the converter to your car or a cage made of rebar or other high-strength steel that’s difficult to cut.
Engrave Your VIN On It
Consider engraving your vehicle identification number (VIN) on the catalytic converter, making it easier to identify you as the owner. It could also alert a scrap dealer that it was stolen and they might decline to buy it.
Park in Well-Lit Areas
If you can’t park in your own driveway or garage, park in busy, well-lit areas and close to building entrances.
Set an Alarm or Camera to Catch Thieves
Calibrate your car’s alarm to go off when it detects vibration, like when your car is jostled. Or install a motion-sensitive camera that will notify you of any unexpected activity.