$2400 for a catalytic converter.......good lord!!

Although it cost so much and is not affiliated with fishing, the Bait Monkey is proud of you. 

Did you get it at a junk yard or what?

Just a couple of years ago there was an epidemic of them being stolen from cars on dealers lots, and elsewhere.

Cut up for the platinum they yielded several hundred dollars per converter, if memory serves.

The catalytic converter was mandated for all U.S. cars and trucks in 1975, to convert harmful pollutants into less harmful emissions before they left the exhaust system. Precious metals such as platinum, palladium, rhodium or gold are used as the catalyst. Depending on which metal was used, thieves can sell the converters to metal recyclers for $20-$200. The recyclers then extract the metal and resell it for as much as $6,000 an ounce, as in the case of rhodium. While national theft figures are not recorded for catalytic converter theft, the crime has risen in tandem with sharply rising metal prices.

Hoky smokes! Did that come with a college degree or what?

They're now mandated for on highway diesel engines. I just got back from a week long school on these systems -

http://www.detroitdiesel.com/emissions/epa2007/aftertreatment.aspx

Wait until they start stealing the converters from Freightliners parked at truck stops ;D Yes, these too have platinum in them.

They're now mandated for on highway diesel engines. I just got back from a week long school on these systems -

http://www.detroitdiesel.com/emissions/epa2007/aftertreatment.aspx

Wait until they start stealing the converters from Freightliners parked at truck stops ;D Yes, these too have platinum in them.

Already happened to our sister company back in 2007 in Indianapolis, they cut 4 converters off. We had 6 brand new trucks at the time. The next day the owner had a 6 foot fence with barbwire and more spotlights up.

Just a couple of years ago there was an epidemic of them being stolen from cars on dealers lots, and elsewhere.

Cut up for the platinum they yielded several hundred dollars per converter, if memory serves.

The catalytic converter was mandated for all U.S. cars and trucks in 1975, to convert harmful pollutants into less harmful emissions before they left the exhaust system. Precious metals such as platinum, palladium, rhodium or gold are used as the catalyst. Depending on which metal was used, thieves can sell the converters to metal recyclers for $20-$200. The recyclers then extract the metal and resell it for as much as $6,000 an ounce, as in the case of rhodium. While national theft figures are not recorded for catalytic converter theft, the crime has risen in tandem with sharply rising metal prices.

If I'm ever forced to resort to theft to get by, I know what I'm looking for now.  I never realized how much that stuff was worth.  Yeesh.

Just a couple of years ago there was an epidemic of them being stolen from cars on dealers lots, and elsewhere.

Cut up for the platinum they yielded several hundred dollars per converter, if memory serves.

The catalytic converter was mandated for all U.S. cars and trucks in 1975, to convert harmful pollutants into less harmful emissions before they left the exhaust system. Precious metals such as platinum, palladium, rhodium or gold are used as the catalyst. Depending on which metal was used, thieves can sell the converters to metal recyclers for $20-$200. The recyclers then extract the metal and resell it for as much as $6,000 an ounce, as in the case of rhodium. While national theft figures are not recorded for catalytic converter theft, the crime has risen in tandem with sharply rising metal prices.

Couple of years ago?  That was going on here this summer.  Along with people stealing copper wire.

well, looks like ill be installing a custom exhaust and i bought the lifetime warranty and im still in under $1300. ill also get some $$$ out of the left side cat. i assume.

Being in the scrap metal business none of this information is new news to me,  in my operation only random converters crossed my path, but aware of most "hot" items.  Airbags are another item that get stolen, I know of person that handled so many it made him millions and millions.  Wire being striped from buildings has been going a long long time, some of the locals would burn the insulation off behind our building in drums, police or fire marshal would come by and chase them away and then bring the copper to sell to us, thieves stealing from thieves.

Some of the really huge " crimes" are on the corporate level and fly under the radar and are never publicized, scams you just can't imagine, best I say no more.