News & Features

Catalytic Converter Theft Rising

Posted in General News on Thursday, May 6th, 2021

Catalytic converter thefts have increased thanks in large part to an increase in the value of precious metals recently. The RAC and the motor insurer, Ageas found that this crime now account for 3 in 10 of all thefts from private vehicles. Catalytic converters contain platinum and rhodium which are expensive on the black market. The firms pointed out that rhodium prices hit record highs earlier this year, increasing by more than 200% since March 2020.  

According to the research most thefts occur when the vehicle is parked at home, either on the driveway or in the road. Although some converters have been stolen from cars parked in supermarket car parks. The RAC therefore recommends that motorists park their vehicles in well-lit areas or ideally in a garage. RAC Spokesperson Simon Williams said: Drivers are often oblivious of their vehicle's catalytic converter being stolen. Our patrols are often called to attend cars that have suddenly become excessively noisy. On investigation it's very often the case that the car's catalytic converter has been stolen. When away from home, look for car parks that have security patrols and are covered by CCTV.” 

Comments (0)