How to make money from an old catalytic converter

So the maintenance has confirmed that the cause of the malfunction is the catalytic converter failure. Then it needs to be replaced, doesn’t’ it? Do not rush to throw away the worn-out part. With the assistance of AutoCatalyst Market Taiwan, owners of used catalytic converters will be able to quickly identify manufacturers of their items, determine their cost, and, what is even more important, find a buyer for an advantageous sale.

In this article, we will analyze in more detail what makes catalytic converters so valuable, and how to find a trusted buyer for a deal in your region.  

Used catalytic converters are caches of precious metals

As strange as it may sound, a worn-out part can become a source of additional income for its owner. It is so because catalytic converters contain platinum group metals, such as:

  • palladium;
  • rhodium;
  • platinum.

Honeycombs in a combustion engine are covered with a layer of precious metals. They are responsible for neutralizing toxic substances during gasoline combustion. At the end of the catalytic converters’ service life, they can be carefully removed. It is not possible to remove precious metals or find out their total weight in the part without the assistance of technicians. The whole technological process is required to be performed, which is life-threatening without adequate equipment and qualification.

AutoCatalystMarket.com is a catalogue that contains accurate platinum group metal content data for 25,000+ catalytic converters. The information about the catalytic converter can be also found by.

  • appearance;
  • name of the manufacturer;
  • the monolith type and weight;
  • vehicle brand;
  • other identification data.

The price of a specific model of a used catalytic converter directly depends on the weight of precious metals in it

How to sell a used catalytic converter at a profit

The cost of this part is formed based on the current precious metal market rate. Therefore, the price of catalytic converters is unstable and can go up or down. Nevertheless, in 2020 the rates of platinum and palladium broke all records in price growth. Other factors that affect the price include the vehicle brand and model, its manufacture year, the degree of the part deterioration.

AutoCatalystMarket.com is the most convenient portal to look through and find verified buyers of used assemblies, choose the most advantageous offer for sale. Its directory features buyers with relevant contact details; however only registered users can view the current information.

Upon completion of the transaction, users can leave reviews about a specific buyer; its trust rating is formed based on such reviews.

Before commencing a transaction, it is recommended to check a specific type of converter via the search bar available on the platform, find out its actual market value, so as not to make a bad bargain.

AutoCatalystMarket.com is an online tool that will become a reliable assistant in selling used catalytic converters. It enables users to choose the most advantageous offer with a couple of clicks by providing up-to-date information only and saving time for all participants in the process.

 

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