If anything, it is increasing rapidly, with Rhodium's high price now at about $20,000 an ounce. The thing is, catalytic converter theft is not stopping. These things cost you money, so it is not just about your converter getting stolen anymore. Now your car is sitting at a shop or dealer waiting for a part that could have a price increase, and you have to find other means of transportation. If your car is a hot target and the insurance companies know that, get ready to see an increase in your rates. The more converters that get stolen and the more claims come in will affect premiums. In some states, where converter theft is high everywhere, you are required to have OE cats, and some of these converters are on backorder for weeks. The more converters needed, the higher the price will be for them. Then there are costs for supply and demand. That costs you valuable work time and even more money out of your pocket. You also have to take time out of your work schedule to drop off the vehicle. If a thief steals your converter on your Element, you now have to pay for an unnecessary repair. It is not just about the air we breathe through. You then become subject to far more harmful exhaust gasses too. Driving without a catalytic converter pollutes the air we breathe even more. To be perfectly honest with you, that hurts me because not only do I know the cost of that for you personally, but the price for all things considered. It seems every day I get a message from someone who follows me telling me they had their converter stolen. ![]() As a 14 time Prius owner myself, my heart goes out to those who have been victims. The epidemic is robbing owners of hard-earned money and precious time. I have written a plethora of articles about Toyota Prius and catalytic converter theft. I will get to it at the end, but first, you need to know what is happening. The good news is that there is a solution. I also write about battery tech and the future of the automotive industry.īut what about the now and the problems that plague the industry at the moment? In this article, I will break character as Pete, The Hybrid Guy, and be Pete, the automotive professional who has an important message for Honda Element Owners. Typically, I stick with writing about Toyota Prius and other hybrids. As a journalist, I try and find information that can help anyone who owns a car, truck, or SUV.
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