Summary of Where Do Stolen Catalytic Converters Go?

00:00:00 - 00:10:00

The video discusses the theft of catalytic converters and the recycling of them. It explains that the converters are cut off of cars and sent to scrap yards, and that scrap yards avoid taking in converters that have been cut off of cars. The video also discusses ways to protect your catalytic converter from theft.

• 00:00:00 In this video, Eric the car guy explains why thieves are stealing catalytic converters from cars. The shortage of palladium and rhodium and the high demand for these metals is causing the prices of catalytic converters to spike, which is driving people to steal them. Eric's research has revealed that some recycling plants are paying scrap dealers up to three hundred dollars for a catalytic converter.
• 00:05:00 This video discusses the recycling of stolen catalytic converters. It explains that the catalytic converters are cut off of cars and sent to scrap yards for processing. Scrap yards avoid taking in converters that have been cut off of cars, as this is an obvious sign of theft. It also mentions that legitimate people may recycle catalytic converters that they have taken off of cars.
• 00:10:00 The video discusses the high demand for catalytic converters, and how people are stealing them to profit. It also discusses ways to protect yourself from catalytic converter theft. One suggestion is to install a catalytic converter security system. Another suggestion is to paint the converter with high temperature paint in order to make it more difficult for thieves to steal it.