The typical scrap value for an old catalytic converter ranges from about $20 to $200, with higher payouts possible for units that contain more precious metals.
Catalytic converters contain platinum-group metals, primarily platinum, palladium and rhodium. The exact payout depends on the metal load in the unit, the converter type (OEM vs aftermarket), and current market prices for those metals. This article explains how those variables affect value, how you can estimate your converter’s worth, and where to sell for the best return.
What determines the value of a catalytic converter
The value hinges on several factors, notably the precious metal content and daily market prices for Pt, Pd and Rh. Here are the main factors to consider.
Metals inside and their impact
Most of the value comes from the metals platinum, palladium and rhodium. The combined grams of these metals and how efficiently they can be recovered drive the payout.
- Precious metal content: grams of Pt, Pd, and Rh inside the unit
- Converter type and design: OEM two-way vs three-way, or universal aftermarket units
- Brand/model and construction quality: OEM units often have higher metal loads
- Current market prices for Pt, Pd and Rh: prices change daily and can swing value
- Any salvageable components or accessories that a recycler can recover
Because metal content and market prices vary, the offered price for a single converter can range from a few dollars to several hundred dollars.
How to estimate the value of your converter
Use these steps to get a rough idea of what you might receive from a recycler.
- Identify the converter type: OEM original equipment vs universal aftermarket; look for part numbers or stamping
- Estimate metal content by size and type; larger/heavier units often contain more metals
- Check live prices for platinum, palladium and rhodium at reputable sources
- Request quotes from multiple scrap yards or recyclers; compare refining fees
- Consider delivering the unit to a buyer who handles precious metals directly or arranging shipping where allowed
Prices are approximate and depend on current metal markets and the refiner’s process. Always verify quotes with the seller before handing over the converter.
Where to sell and how to maximize your payout
Choosing the right buyer and presenting the converter properly can significantly affect your return.
- Local automotive recyclers or scrap yards that buy catalytic converters; check credentials and any ID requirements
- Specialist metal recyclers that handle catalytic converters and precious metals
- Online marketplaces or brokers that connect sellers with refineries; beware of scams and ensure documentation
- Tips to maximize payout: compare multiple quotes, deliver clean units, avoid damaged or contaminated converters, and consider selling in bulk if you have multiple units
Always comply with local regulations on the sale, transport, and handling of catalytic converters. Keeping records and proper identification helps protect you from fraud or theft.
Summary
The value of a scrap catalytic converter is driven mainly by the platinum-group metals it contains (platinum, palladium, rhodium), the converter’s type and design, and the current market prices for those metals. Most units fall in the $20–$200 range, with higher payouts for units with more metal or rarer designs. To maximize your payout, shop around for quotes, know your converter type, stay informed about metal prices, and ensure all transactions are legitimate and well-documented.