Catalytic converter thefts in Houston spikes to 153,000 vehicles in 2022: Report
the most targeted catalytic converters in Houston and Texas are on trucks and SUV's because they sit higher off the ground. That leaves more room for a thief to get underneath and cut it off.Houston police are offering a free service to help paint over and etch part of a car's VIN number on a convertor to save you thousands of dollars in repairs. FOX 26's Sherman Desselle reports more on how this can help protect your vehicle.
"Palladium and platinum trade for about $1000 an ounce. Rhodium though, trades for $10,000 an ounce," explained CARFAX's Patrick Olsen.CARFAX poured over service records from across the country and found 153,000 catalytic converters were swiped off cars in 2022. But nationwide hybrids, such as the Toyota Prius, are getting hit hard because their converters can be worth as much as $1400 on the black market.
"Theft is not covered in liability insurance. You want to add comprehensive insurance, so you’re not out $1000, $2000, $3000 for a replacement converter," he said.To help protect your converter from theft, Olsen also suggests, "If you can park in the garage, park in the garage. If you can’t do that, park in a well-lit area or well-traveled area."
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