The catalytic converter is typically the most valuable part on a junk car. It contains platinum, palladium, and rhodium, which are precious metals worth more per ounce than gold. A single catalytic converter can be worth $100 to $800 depending on the vehicle type and current metal prices.
Why catalytic converters are so valuable:
- Contain 3 to 7 grams of precious metals
- Platinum trades at $900 to $1,100 per ounce
- Palladium trades at $900 to $1,500 per ounce
- Rhodium can exceed $4,000 per ounce
- Metals are recovered through specialized recycling
Catalytic converter values vary by vehicle:
- Small cars: $50 to $150
- Mid-size sedans: $100 to $250
- Trucks and SUVs: $200 to $500
- Hybrid vehicles (Toyota Prius): $300 to $800+
- Luxury and performance cars: $300 to $600+
This value explains why catalytic converter theft has increased dramatically. Thieves can remove a converter in minutes and sell it for hundreds of dollars. If your junk car still has its converter, it significantly increases the vehicle’s worth.
Learn whether selling your catalytic converter separately makes sense for your situation.
