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How to sell catalytic converter?

For the manufacturing industry, used catalytic converters are important because the precious metals inside them can be recycled and used again.

Catalytic converters are important to the automobile industry and consumers, as they stop harmful emissions from being dispersed into the environment. For the manufacturing industry, used catalytic converters are important because the precious metals inside them can be recycled and used again, for the same purpose or a different type of product.

Catalytic converter owners who are in the market to sell the vehicle part can get higher monetary valuations from parts that contain more precious metals. If you say you aren’t sure where to sell catalytic converters near me, first consider what makes them special in the recycling industry. Next, complete thorough research online to determine your best options in getting a fair and accurate price quote that doesn’t include hidden costs.

 

What does a catalytic converter do? 

A catalytic converter absorbs toxic emissions that are created by internal combustion engines in vehicles. The car part does this by using precious metals, pipes and other materials. Harmful compounds are changed into safe gases that appear to be steam. The catalytic converter should last the life of its original vehicle and afterward will contain the same amount of precious metals as when it was built.

The two main types of catalytic converters seen in a car are reduction catalysts and oxidation catalysts. Reduction catalysts reduce nitrogen oxide and remove oxygen from the toxic emissions. Oxidation catalysts add oxygen, changing carbon monoxide into carbon dioxide. The catalytic converter is on the underside of a vehicle and in appearance is a large metal box with two pipes protruding from it. The precious metals in the converter can be recycled and are what make the part so valuable.

 

Recycled catalytic converter price

Catalytic converters normally last for the vehicle’s whole life but when it is no longer used, that leaves the precious metals in the used catalytic converter sitting and gathering dust.

After helping the environment in vehicles, catalytic converters still have a lot of life left in them. Catalytic converter precious metals can be removed and then recycled for use again, in other or similar materials. In this way, catalytic converters help the environment two times, first in their life in a vehicle and second as they cut down on destructive mining practices.

Used Catalytic converter prices vary depending on when the car part was made, what type of car it was made for and their manufacturer. These factors determine how many precious metals are used within the catalytic converter. The average price is around US $1,000 but two used catalytic converters worth the same price are rarely found. 

 

What metal is in catalytic converter?

Some amount of platinum, rhodium and palladium exists in every catalytic converter, all useful precious metals in the manufacturing industry. Each of the three metals is found in numerous common products, such as necklaces and rings, laptops and cell phones. They are also used widely in the medical field and are used extensively for industrial needs. 

Each of these catalytic converter metals has a high value that can be realized when you decide to recycle your catalytic converter, whether locally or via a larger precious metals refinery. There are numerous other metals used in large part and they are recyclable too.

 

How to sell a catalytic converter?

When you’re considering selling your catalytic converter, start by trying to locate its serial number. This will help the buyer determine the correct value of your part. If you don’t see one, try scrubbing the whole part well with steel wool, as corrosion might cover up the number. 

Some catalytic converters don’t have a serial number located on them and that’s normal too. A reputable buyer will be able to inspect your part and determine its value. Even without a serial number, the seller should be able to explain why the part is worth a certain value and who manufactured it.

 

Where to sell a catalytic converter?

Many scrap metal yards, local auto shops and online outfits are happy to receive your catalytic converter because prices for precious metals recently have created a seller’s market. When you have questions such as “How much platinum is in a catalytic converter?” or “How much palladium is in a catalytic converter?” The best place to find out is at a catalytic converter refinery, which completes the process of analyzing and recycling the precious metals.

Local scrap yards and other businesses are convenient but they will just pass along your catalytic converter to the recycler. Sometimes there are hidden costs and fees for transportation and analysis that are taken out after you receive a price quote.

 

How does recycling a catalytic converter work?

Precious metals aren’t easily separated from a catalytic converter, in the form of wires or bars, so the recycling process is difficult and not one you can complete at home. The converters are collected by a refinery and then recycled, by analyzing and separating their precious metals

The catalytic converters come from scrap yards and private businesses or from individuals who have dedicated themselves to collecting them. Each converter is graded by the refinery, the precious metal is removed and then the converter is de-canned and crushed into powder.

The precious metals go through the smelting process and are purified and then end their journey at the refinery shaped as bars and bullions. These shaped metals are then taken to different manufacturers and used to create new or similar products.

Recycling precious metals is beneficial to the manufacturing industry, consumers and also the environment. Extraction mining costs a lot of money and harms the Earth’s environment. Extracting rhodium and other metals depletes biodiversity and leave us with increased levels of carbon emissions.

Another great benefit of recycling precious metals is that they do not lose their quality when recycled. They can be reused time and again in various products. The economic benefits of recycling metals are important to remember too. Recycling the precious metals in catalytic converters helps meet the high demand seen in the manufacturing industries for precious metals. Catalytic converter recycling facilities create jobs and help to keep metals in circulation. They also help save space in landfills for nonrecyclables.  

 

How to make money from recycling metals

The amount of money you receive for a used catalytic converter depends on how much of each precious metal is used in the part and the market value of each specific metal right now. Supply and demand change rapidly and are a huge factor in the price quoted for metals. The amount of each precious metal used in your part varies, based on several factors: what year was the car made, what purpose was it created for and who manufactured it. Older vehicles will have converts that contain more precious metals, because they are nonrenewable resources, so fewer and fewer metals are used in newer models.

It is difficult to determine the worth of your part, without a thorough analysis and understanding of fluctuating metal prices and current changes in the manufacturing industry. Metal prices change due to the market but also in different locations. As you try to determine your catalytic converter price, consider these average prices: platinum priced at US $31 a gram, palladium at US $72 a gram and rhodium at US $287 a gram.

It can be difficult to know the exact amount of each precious metal used in each converter. An estimated 3 to 7 grams of platinum can be found in a catalytic converter. Platinum is heat resistant and long-lasting and is used to trap toxins in the converter. A newer model catalytic converter will hold 1-2 grams of rhodium, which is normally used in conjunction with palladium to eliminate fumes coming from the vehicle.

When you sit down and think, “Where can I find a catalytic converter refinery near me?” consider that you might find the best prices at a location that isn’t close but will accept a part that is shipped or will pick it up directly. The local scrap metal yard might assign a correct price but deduct significant costs for labor, equipment and recycling. You want an upfront price that includes all deductions before you drop off your part. That is especially important for sellers who have hundreds or thousands of parts to sell. You will want to compare the shop to determine which company best meets your needs.

 

Who buys catalytic converters near me?

If you are searching for a “catalytic converter refinery near me,” remember that some specialized precious metal refineries may travel to retrieve the catalytic converter from you. Some precious metal refineries may charge a fee for this service, although a simple shipping process is also sometimes available.

Online research can help when you see a list of recyclers and are unsure which one will treat you with the most respect. Reviews from other sellers can point you in the direction of a reputable buyer who meets all compliance and environmental standards.

How can I make more money from my catalytic converter?

For the individual consumer who has one catalytic converter to sell, they might be stuck selling the part to a local junkyard. For those companies and individuals with a larger number of parts, for example, 500 or 1,000, you have options for working with a specialized precious metals refinery, which can determine your catalytic converter cost and provide a correct quote.

If you have fewer used converters in stock, you can team up with some other local companies with catalytic converters, such as auto repair shops, muffler companies and car dealers. As a group, with a larger number of converters available, you can send them off to a precious metals refinery and obtain a higher rate than you might locally. With time, you can form additional partnerships locally and become a go-to stop for people who need a way to improve their recycling profitability. This added networking can have benefits well beyond meeting your recycling needs.

One last option is a business venture that might pay out handsomely if you have good relationships with similar local businesses. You could buy used converters from these same auto shops, muffler companies and car dealers and then ship them to the refinery for platinum and other precious metals extraction. Once you have started working with a reputable recycler, you won’t need to ask yourself “How much rhodium is in a catalytic converter?” This will save you a lot of valuable time that you can use toward improving your business and increasing profits.

 

Searching for ‘Who buys catalytic converters near me?’

If you have searched online with terms such as “where to sell catalytic converters near me,” you know that local buyers might not have the sophisticated equipment needed to take you from start to finish in the recycling process. As you consider your options, remember that some quotes might contain hidden costs and that local isn’t always better, when it comes to specialized precious metals recycling

With modern shipping and convenient pickup options, the term “local'' can include recyclers nationwide, according to who best meets your recycling needs. Don’t rush into accepting the first quote you receive, shop around to determine who offers the best terms and conditions and pricing.

 

Why sell your catalytic converter to us?

We work with refineries that use state–of–the–art technologies that are necessary to process Steel and Ceramic Catalytic Converters. Catalytic Converters contain precious metals such as Platinum, Palladium and Rhodium. We provide the processing service for all-ceramic or steel catalytic converter waste. 

We provide services globally with offices and certified warehouses in countries including the United States, United Kingdom, Malaysia, Italy, Mexico, Australia and Hong Kong. We provide low-cost logistics and efficient and exceptional services, as well as process globally more than 30,000 metric tons a year in precious metals scrap. We also partner closely with the world’s leading refineries and can offer clients flexibility and the best Terms and Conditions in the market.

We maintain close working relationships with the leading Recycling Associations and national Environmental Agencies, to ensure full compliance with all national regulations. We also maintain our ISO and R2 certification.

Our strengths are Worldwide logistics, Prompt and Flexible Customer Service, Expertise in Recycling, Environmental and ISO Certifications and strong relationships with end-users.

 

If you’re looking for a precious metal refinery to guide you through your recycling process, Majestic Corporation is the partner for you. Our compliance guidelines represent the management philosophy and code of conduct of our team and company. Majestic Corporation has been a leading precious metals recyclers, non-ferrous metals and catalytic converter provider for five decades. With a presence in the United States, United Kingdom, Malaysia, Italy, Mexico, Australia, Hong Kong and more, as well as a network of precious metals refineries around the world, we work with major customers and partners in a transparent and discrete manner and only offer the highest quality services at competitive prices. 

Contact us here for more information.



MAJESTIC CORPORATION
1 678.691.4257
info@majestic-corp.com

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