Intruders want your catalytic converters at alarming premiums. Claims of catalytic converter theft greater additional than 1,200% from 2019 to 2021, according to the most modern details from the National Insurance policies Crime Bureau as noted by Carfax.
In 2021, there were being 52,206 reported catalytic converter thefts vs . 3,969 thefts in 2019. The quantity could be larger, because homeowners may possibly not report the theft to their insurance plan supplier. Possibly way, the staggering boost signifies new and aged vehicles are prone, and owners could be on the hook for repairs and replacements that vary from $1,000 to $3,000, according to the NICB.
Mandated considering that 1975 for most passenger motor vehicles, the air pollution managing device appears like a mini muffler set in the middle of the exhaust procedure in between the two axles. Due to the fact it is really beneath the auto, it is uncomplicated for robbers to entry by sliding underneath the vehicle and reducing it free from possibly stop of the exhaust pipe.
What is so special about catalytic converters, other than their environmental benefit? The important metals demanded to make them.
The spike in catalytic converter thefts reflects the skyrocketing worth of rhodium, palladium, and platinum. Burglars can make any where from $300 on regular cats to $1,400 on hybrid ones, Carfax claimed.
“As the value of the important metals continues to be substantial, so do the quantity of thefts of these products,” the NICB claimed in a statement. “There is a crystal clear link among instances of crisis, restricted assets, and disruption of the provide chain that drives these thefts.”
Some vehicles make for superior targets than many others. It should arrive as no shock that the bestselling cars are the most impacted, just by the sheer existence of the models on streets and driveways. Carfax broke down the most frequent thefts by location, as properly as nationwide, by searching at company experiences from much more than 60,000 company centers throughout the nation.
Even although the bestselling Ford F-150 experienced the maximum quantity of cat thefts nationwide and in three of the four regions, the Toyota Prius hybrid experienced more thefts in the west region, indicating that spot issues.
Toyota Prius and all hybrids flagged for catalytic converter thefts
When it failed to record the real range of models affected, it did rank the autos by volume:
1985-2021 Ford F-Sequence pickup truck
1989-2020 Honda Accord
2007-2017 Jeep Patriot
1990-2022 Ford Econoline vans
1999-2021 Chevrolet Silverado pickup trucks
2005-2021 Chevrolet Equinox
1997-2020 Honda CR-V
1987-2019 Toyota Camry
2011-2017 Chrysler 200
2001-2021 Toyota Prius
The takeaway? Catalytic converter thieves will not discriminate.
“Burglars concentrate on a extensive wide range of models, no matter of the sizing of the car, its age, or the automaker’s house country,” Carfax described.
Both sources advocate installing an anti-theft gadget or getting the converter etched with the car’s VIN to make it less difficult for law enforcement to trace. Also, parking in an enclosed region or garage will limit the danger of theft.