> The amount of precious metals in a catalytic converter varies widely, but a standard part might contain: At current market value, that’s an average of $595 to $1,420 worth of precious metals.
> Victims often have to shell out $500 to $3k+ to fix the damage.
Their estimates for the value of the precious metals seems high. It also doesn’t make sense that their floor for the value of the precious metals is $595 but the floor for the replacement cost of an entire catalytic converter is $500.
> Victims often have to shell out $500 to $3k+ to fix the damage.
Their estimates for the value of the precious metals seems high. It also doesn’t make sense that their floor for the value of the precious metals is $595 but the floor for the replacement cost of an entire catalytic converter is $500.