so...whats the deal with cats (converters) being a hot commodity?

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Old 06-13-2007, 12:23 AM
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Default so...whats the deal with cats (converters) being a hot commodity?

i see several people buying them for quite a bit as is, used, so i wonder why are they paying upto 150 for 2 cats, means they are making more when they recycle them.

wonder why....whats in them? i read platnium? where in the hell i the planium, i just tip the cat over and it spills out? (joke... )

but anyways....fill me in....
Old 06-13-2007, 12:25 AM
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It was the only thing I needed to get legal again to pass smog, so I had two put on my shitty Y pipe. Plan on getting a separate one built for the rest of the year when I don't have smog check to deal with.
Old 06-13-2007, 12:27 AM
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hmmmmok?
Old 06-13-2007, 12:58 AM
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pm returned
Old 06-13-2007, 01:19 AM
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Originally Posted by Havok2
hmmmmok?
My only guess as to why people want cats. I have two sitting in my garage if some one would pay me that for them, they can have them
Old 06-13-2007, 01:34 AM
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I dont know what is inside them that makes them so profitable but we have guys coming by the shop(varsity ford, college station) all the time giving us money to recycle our old ones...The Dallas evening news did a report a few nights ago about people cutting off the cats of cars while its sitting in the owners driveway over night.
Old 06-13-2007, 01:55 AM
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Catalytic converters contain tiny amounts of three precious metals - platinum, palladium and rhodium - that have seen their commodity rates skyrocket in the past two years. According to online commodities Web site www.kitco.com, the price of rhodium has shot up in the past five years from $380 to $6,000 per ounce. Palladium rose from about $200 per ounce two years ago to $360 in April 2006. It has remained steady at the higher price for the past year. Between April 2005 and November 2006, the price of platinum rose by more than 60 percent, from $865 per ounce to $1,355.

Those who extract the platinum, palladium and rhodium can sell the metals for thousands. Experts say the average converter contains 1 to 2 grams of platinum, palladium and rhodium. That equals about 0.07 of an ounce, meaning 14 or 15 converters are needed to equal one ounce of the metals.
Old 06-13-2007, 10:44 AM
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great info
Old 06-13-2007, 10:48 AM
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So, should we start collecting old catalytic converters?
Old 06-13-2007, 06:59 PM
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im glad i've got 2 in my garage

i heard were gona start using old cats instead of paper money in a few years
Old 06-13-2007, 08:30 PM
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2000firehawk had a for sale thread where he would deduct $150 from an item he was selling if you sent him your cats, or he would buy a pair for $130. I sent him two pairs and made $260
Old 06-13-2007, 08:33 PM
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Also, if you could extract those elements from converters, why wouldn't cat manufactures be doing this to make tons of money on the side? Thus, making these elements not so rare and expensive?
Old 06-13-2007, 08:52 PM
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Originally Posted by jimmypop13
Also, if you could extract those elements from converters, why wouldn't cat manufactures be doing this to make tons of money on the side? Thus, making these elements not so rare and expensive?
have you seen the price of cats? they're like 900 bucks a pair from the dealer

thats why people are picking up used ones cheap when in reality there worth the same as new ones
Old 06-13-2007, 08:56 PM
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Originally Posted by nickdotcom
have you seen the price of cats? they're like 900 bucks a pair from the dealer

thats why people are picking up used ones cheap when in reality there worth the same as new ones
What makes the OEM cats any different than carsound/magnaflow or any other aftermarket brand cats that can be had dirt cheap???
Old 06-13-2007, 08:58 PM
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my guess would be they use less of those materials or a different material, thus making them "hi-flow"
Old 06-13-2007, 09:01 PM
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well i can get the local hook up at my friends muffler shop.

is it only gm cats? or any cats? any year?

and, where do i get these metals from? i cut it open? how do i extract them or how do i kow what the hell they look like? im gonna do this....
Old 06-13-2007, 09:01 PM
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ohh...I see
Old 06-13-2007, 09:06 PM
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im really not sure, i was gona offer to buy up all the cats in the houston area and get em recycled but i've been too busy

i also thought about going to junkyards to cut the cats off wrecked cars and recycle em
Old 06-13-2007, 11:39 PM
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yeah.....i think i will look around locally
Old 06-16-2007, 02:10 PM
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i know i have at least 10 or 11 cats lying around, from previous
headers swaps, never gave much thought to thbrowing them away.
looks like it may pay off



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