Recycler confirms: Prius Catalytic Converters have zero precious metals

Discussion in 'Gen 2 Prius Main Forum' started by blaisep, Mar 23, 2021.

  1. blaisep

    blaisep Junior Member

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    To find out how much a Prius cat was worth, I consulted the experts.
    It seems that the precious metals story is an urban myth:

    Tom C. (Rockaway Recycling)

    Mar 22, 2021, 9:37 AM EDT

    Thank you, but your catalytic converter (Serial No. XYZ) /resonator/ or muffler has a $0 recovery value except for scrap steel pricing.

    We have processed these type(s) before and have found no precious metals inside.

    Have other cats to quote? Send us pictures!

    For any other catalytic converter questions please ask or visit our website RRcats.com. Thank you.
    Tom C.

    [​IMG]
    RRCats.com

    [​IMG]
    Rockaway Recycling
    Fair Weight, Fair Price. ™ Since 1977.
    www.RockawayRecycling.com
     

    Attached Files:

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  2. bisco

    bisco cookie crumbler

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    then why are people stealing them, and why are they willing to pay so much for them?
     
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  3. Mendel Leisk

    Mendel Leisk Sand Pounder

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    Still, OP’s story sounds like a great urban myth, worth nurturing. As long as it’s not “outed”... Ah, whoops.
     
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  4. Salamander_King

    Salamander_King Senior Member

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    Maybe depends on who you ask. Here is an excerpt from WSJ. I didn't read the whole article because of the paywall.

    Thieves Mine Catalytic Converters for Metal More Valuable Than Gold - WSJ
    There are about two grams of harvestable palladium in a Toyota Prius converter, which can fetch up to around $450 at scrapyards, according to an autos scrap specialist at European Metal Recycling, a U.K. company.
     
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  5. PriusCamper

    PriusCamper Senior Member

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    They are clearly not experts, they're scammers who think you're gonna be fooled into giving them a $1k for free... There's endless posts on here detailing the value of cats for over $1K as scrap alone. And people outside of California can sell their used cat on Ebay to people in California for as high as $1400.

    I created a thread to track all this info here: Prius Cat Theft Tracking | PriusChat

    To your specific value question this is the info in the first post of that thread that's most relevant:

    "In terms of precious metal value, as of January 2021 here's a quote that I updated with the latest market prices: The platinum, palladium and rhodium are the three precious metals in the catalytic converters. The earlier converters had more precious metals where today most vehicles have multiple converters that have less rare metals in them. The second generation Prius has 6 grams of precious metals (about 2 grams each). Platinum is worth about $35 a gram, palladium is worth about $76 a gram and rhodium is about $600 a gram. So instead of destroying the earth like they have been, it's cheaper to remove it from catalytic converters that aren't used anymore (or stolen)."
     
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  6. The Lizard King

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    And you believe "Tom C."? :ROFLMAO:
     
  7. Socal_Prius

    Socal_Prius Junior Member

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    Full article: Thieves Mine Catalytic Converters for Metal More Valuable Than Gold - WSJ
     
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  8. wjtracy

    wjtracy Senior Member

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    Normally they contain either Platinum or Palladium.
    Until recently Palladium was much lower cost but I believe Palladium had a big price spike up a couple years ago. I don't know if Palladium is as easy to recycle as Platinum.
     
  9. TMR-JWAP

    TMR-JWAP Senior Member

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    This is pretty funny, considering RRCats offered me $425 for the EA6 and $688 for the GD6 in January.
    The resonator is just a steel body and is worthless. I would bet that's all they looked at.

    But, if you want, I'll give you $100 each for the EA6 and GD3. Cash money.
     
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