People are stealing them right off your cars
Catalytic converters are part of your exhaust system, they help reduce the amount of toxic emissions your car puts into the air and here in Australia they are required by law.
In America they seem to have become hot property and people right across the country are finding that catalytic converters are being targeted by thieves. These guys don’t bother stealing the car, they just rip the converter out right there in the street or parking lot.
What makes them so attractive to thieves is not clear. They do contain small amounts of precious metal but hardly enough to make stealing them worthwhile.
To replace a catalytic converter can cost anywhere between $400 and $1500 forr the part but a stolen converter is only bringing around $100 on the street.
Despite the relatively low price the thefts go on and one city in Maryland has recorded 47 thefts in two weeks – all from trucks, vans or SUVs.