This is an old problem that goes on everywhere, and our area is not immune. The reason for the popularity of catalytic converter thefts has to do with the precious metals they contain. Converters contain small amounts of platinum, palladium and rhodium. While the amounts of these metals in catalytic converters is measured in grams, their value is exceptionally high. The average scrap value of an automobile catalytic converter is around $100, with some as high as $1,000. A thief with a battery powered sawzall can be under your vehicle, and have the cat removed in less than 30 seconds. A dedicated thief can net thousands of dollars in one night of "work."
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