The increase in theft of catalytic converters is really starting to make headlines across the country. Toyota SUVs and trucks appear to be the prime targets as their catalytic converters contain more of the three precious and rare earth metals the thieves are targeting: 1) platinum, which sells for $1,785 an ounce; 2) palladium, which sells for $765 an ounce; and 3) rhodium, which sells for $2,300 an ounce. SUVs are the auto of choice due to greater ground clearance and ease of dislodging the exhaust system.
Urban mining by the new land pirates.
El Dorado County sheriff reports catalytic-converter thefts spike – Sacramento Bee
Brazen thieves target truck exhaust systems across Sonoma County – Press Democrat
Catalytic converter thefts on rise, costing local drivers – Middletown Journal
Boy Leads Police on Chase, Rash of Catalytic Converters Stolen – Shelby-Utica Patch
Precious metals prices tied to catalytic thefts – Vancouver Sun