What Traps To Avoid When Scrapping A Catalytic Converter

1. Blog 1: Globalrefininggroup.com What Traps To Avoid When Scrapping A Catalytic Converter? Most vehicle owners are not even aware of answers to simple questions like who buy catalytic converters or what price can you get from your sale. Recycling of catalytic converters is an industry that is somewhat shrouded in misconceptions and lack of awareness. There are many people who aren’t ever aware that they can get good money from these scrap devices by extracting residual precious metals from the same. However, if you are someone who is recently looking to sell your old car as junk, just understand these tips to avoid falling into traps and losing on the money that you could have made from the deal. First, you need to understand that the manufacturing standards for catalytic converters are different in different countries. The existence of precious metals like platinum, palladium and rhodium in your car’s device will depend on its country of origin. Catalytic converters outside of the United States may be composed of different metals, so knowing where the scrap originated is important. Outside of North America, catalytic converters tend to have copper in them. Iron, manganese, cerium, and nickel are also metal options in certain regions in the world. You will need to watch out for catalytic converter buyers who will give out wrong information to take advantage of your lack of knowledge. Many industry players tell sellers they have an aftermarket part installed whose value is less than $4 while in reality, they might have a foreign unit installed in their car that can be as valuable as $100. Make sure you select a buyer that is trustworthy and offers the right information along with proofs to back up their recommendation and pricing valuations.