July 8, 2008
Where to get a good deal on a catalytic converter in Dayton after yours gets stolen
It only takes a thief a few minutes with a battery powered reciprocating saw to cut your converter out from under your car or truck, but the replacement bill can be a whopper.
We started out as a supplier of exhaust systems for South West Ohio, and expanded into everything else to fix your car after becoming firmly established as the price leader for exhaust systems in Dayton.
So, if the thieves steal your exhaust, we empathize with you, and can at least help you get the replacement converter at the best possible price.
Catalytic converter thefts climbing across U.S.
Their catalytic converters were stolen, too, in a crime rising rapidly across the country, from riverside parking lots in Cincinnati to highways along the California coast.Stolen converters, which contain small amounts of the precious metals platinum and palladium, follow copper wire and sewer grates on the long list of metal items targeted by thieves who want to cash in on climbing metal commodity prices.
“The second I turned it over, and it sounded like a tank and a Harley, I knew exactly what had occurred,” said Boyer, 33, an assistant technology director at a downtown business.
Stories like Boyer’s are increasingly common as converter thieves slip under vehicles with battery-powered saws, sometimes in daylight, and in a matter of minutes leave unsuspecting drivers with rumbling exhaust systems and shocking repair bills.
The thefts were a sporadic problem nationally until about a year ago but have grown to a near-epidemic, said Frank Scafidi, a spokesman for the National Insurance Crime Bureau. Scafidi received an overwhelming response when he recently questioned bureau agents.
“Everybody was seeing reports of this, hearing reports of this, talking to the local cops — all over the country,” he said.
Police in one northeast Ohio community say they had about 75 converter thefts this year…
No comprehensive national totals are available on converter thefts, which are usually lumped into theft or vandalism categories. But anecdotal evidence shows a growing problem around the country, said John Nielsen, director of the AAA’s Approved Auto Repair and Auto Buying Network.
The converters, which reduce harmful emissions, have been standard equipment since the mid-1970s, and some newer vehicles have up to four.
Five years ago, platinum and palladium traded respectively for about $608 and $208 per troy ounce, a metal measurement slightly larger than an ounce. Platinum now goes for $2,083 per troy ounce, and palladium draws about $468 on the New York Mercantile Exchange.
Prices have increased with demand as use of catalytic converters grew and platinum jewelry gained widespread popularity, said Larry Manziek, executive director of the International Precious Metals Institute, a Pensacola, Fla.-based trade organization. In the last year, electronic trading of platinum also increased, making the metal an easier investment while taking more of it out of circulation to ensure those funds, he said.
Scrap yards usually pay $50 to $100 per converter, but industry experts say the price varies among buyers and didn’t draw much attention until recent years, said Bruce Savage, a spokesman for the Institute of Scrap Recycling Industries, a trade organization.
Converter replacement costs are much higher, ranging from about $200 for a universal model to $1,000 or more for dealer-made parts.
Boyer paid $572 and plans to spend $360 for converter protectors. He’s now so wary that he put off buying a new vehicle and instead started driving an older and lower-riding car to work.
Since January, 43 converter thefts were reported in downtown Cincinnati, compared with eight during the first half of 2007, said Lt. Mark Briede, police spokesman. The police plan to analyze crime data to determine when and where extra police presence might prevent thefts.
Jackson Township police in northeast Ohio are working with other jurisdictions to track down culprits — some 75 converters have been taken in their area near Canton this year. The idea that the converters can equal quick cash for drugs or groceries in a downturned economy might contribute to the rise in the crime, township police Maj. Dave Zink said….
It’s bad enough someone stole your converter, but don’t get robbed twice by paying too much for a converter- call us at Undercar Specialty Warehouse and check our low prices on catalytic converters.
Filed by Undercar Specialty at 12:26 am under Catalytic Converters
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