Catalytic Converters Buying And Selling Tips
What Is Catalytic Converter?
A catalytic converter is a device that uses a catalyst to convert three harmful compounds in car exhaust into harmless compounds. In a catalytic converter, the catalyst is coated onto a ceramic honeycomb or ceramic beads that are housed in a muffler-like package attached to the exhaust pipe. The catalyst helps to convert carbon monoxide into carbon dioxide. It converts the hydrocarbons into carbon dioxide and water. It also converts the nitrogen oxides back into nitrogen and oxygen.
Who Buys Catalytic Converter?
There are many buyers in the market who buy recycled catalytic converter. Catalytic converters contain a mix of precious metals inside a ceramic monolith with a honeycomb structure. Rhodium is used as a reduction catalyst, Palladium is used as an oxidation catalyst, and Platinum is used both for reduction and oxidation. That is why there are many buyers in market who buy catalytic converter.
Where To Sell Catalytic Converter?
New and used car dealers, automobile junkyards, muffler shops, and car repair shops all end up with used catalytic converters on hand. It takes a recycling company with specialized equipment to extract and separate the platinum from the converter’s internal honeycomb.
Recycling Catalytic Converter
You may not realize it, but catalytic converters contain a host of precious metals. So, instead of tossing them out, recycle them!
Catalytic converters contain a range of precious metals and can fetch hundreds of dollars on the black market. The fact that they contain valuable metals means catalytic converters are great candidates for recycling. But do not rush to pull yours out when you go to sell or scrap your car. The easiest way to recycle one is to leave it in the car and let the experts recycle it. It is not easy to remove the precious metals from a catalytic converter, just as it is not easy to pull the tiny bits of gold from a circuit board.
If you happen to have a catalytic converter at home because you work on cars, we have some tips on how to recycle them. Several companies allow you to mail in your catalytic converter in exchange for cash.
Catalytic converter prices
Most scrap yards that take catalytic converters are generally going to offer you a price based on an entire car that is being scrapped. You do have the option to remove the catalytic converter on your own to scrap just this piece of a car as well. To get the best price, you will need to turn in the full unit. If it is missing any part of its core, then it may be paid at a rate that is 25–75% of the going rate. Catalytic converters that are completely hollow are paid at scrap steel rates.
The catalytic converter price list will then be based on the platinum, rhodium, and palladium trading prices that are available on that given day. These are considered to be precious metals, so the trading on them is more volatile than other scrap metals you will be able to find. There are the average prices to consider, but always check of the current spot price.
About The Author
Benjamin Harvey is a mechanical engineer specializing in automobiles, and is closely associated with working and researching on catalytic converters. He is of the opinion that www.globalrefininggroup.com is the best destination to sell catalytic converters.