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Catalytic converter thefts are on the decline, new 2023 data shows. Learn more on why thefts are down and which cars are most likely to have their converters stolen.
The devices are typically much more valuable to the theft's victim: "it can cost between $1,000 and $3,500 or more to replace a catalytic converter that is stolen, depending on the type of vehicle." [5] In 2022, catalytic converter thefts cost victims over $382 million. [6]
Used catalytic converters can sell for anywhere from $25 to $1,000, depending on the metals content, which varies by a vehicles make and model, according to Scott Vollero and Christopher Gaines ...
"Last year approximately 1,600 catalytic converters were reportedly stolen in California each month, and California accounts for 37% of all catalytic converter theft claims nationwide," Talbert said.
Catalytic converters net the most money in these situations, and they are easier to take off of older cars. In 2020, California was named one of the top five states for catalytic converter thefts.
Johnny Wactor drove a Prius, one of the most targeted cars for catalytic converter thefts, and he was killed in California, the worst state for catalytic converter theft.
The theft ring is said to have made tens of millions of dollars off of the stolen catalytic converters. The feds have arrested 21 people in five states and are seeking $545 million in forfeitures.
Claudette Hill was one of many L.A. car owners who had their catalytic converters stolen during a rash of thefts in 2020. Right away, the retired seamstress got the auto part replaced.