If you are a fan of Honda, you know Honda CR-V quite well. This is a vehicle that can offer you much more wonderful options than many other SUVs on the market. Americans love CR-Vs, this is our favorite type of SUVs. And we also know for sure that this is a durable and very reliable car that will not cause many problems and expenses for you.
But there is one part in your Honda that will not live longer than 150 000 miles. This is a catalytic converter. The good news is that after this part starts malfunctioning, you can sell it. And if you still have the OEM converter, it will cost more than you can think. The scrap price of the Honda CR-V catalytic converter should be over $250, but it will depend on many other factors that you should consider.
Here's what we are going to talk about today:
- What is the price of the Honda CR-V cat and why so expensive?
- How to understand that your CR-V converter is an OEM part?
- Why scrap dealers don't pay much for a CR-V cat converter?
- Who will buy your converter at a better price?
Let's get started!
The scrap value of a CR-V catalytic converter
We've already told you that the converter from a 2-liter or 2.4-liter Honda CR-V should cost around $250. Some other engines will have smaller converters which are categorized as "small foreign" catalytic converters in America. They will cost approximately $110-$130 each, and sometimes you will have a couple of them in your car.
Please bear in mind that pre-cats will not sell at that price. Their scrap price is around $10 or something. We are talking about the main converters. The majority of Honda CR-Vs have one big catalytic converter which is a precious thing for scrapyards and recycling companies. But there are some tricks in this topic.
Here's why these converters cost a lot:
- Honda OEM converters contain a lot of platinum - you will be able to get at least 7-8 grams and sometimes even 10 grams of platinum.
- around 7 grams of palladium can be taken from these converters, and it's also a big opportunity for earning money;
- most importantly, these converters may contain up to 2 grams of rhodium which is an extremely expensive precious metal;
- also, Honda catalytic converters are very reliable and they will not destroy in 150 000 miles, so recycling companies are ready to buy them;
- these converters are made in a reliable metal body, some money will also be earned on scrap metal.
So far, we've been telling you some good news about your Honda CR-V catalytic converter. And it should be like that. If you are now holding an old cat converter from your CR-V, you are holding around 20 grams of precious metals in your hands. And this should cost some money, shouldn't it?
Precious metals aren't stable in price. Their market prices can change every day. We are now looking at a sharp decrease in prices for palladium, but we are pretty sure that it will change in a couple of weeks. The time when prices for precious metals fall sharply is not the best for selling your old converter because the scrap value of the old cats will also deteriorate.
Why selling a Honda CR-V catalytic converter is not easy?
So, now let's talk about Honda. This company is a very well-known Japanese car manufacturer. And you may think that this company will mark their OEM catalytic converters as hard as they can. You should know that the converters are marked with a serial number and with a company logo. If you don't see these marks on a converter, it's thought to be an aftermarket cat converter that actually costs close to nothing.
But Honda converters are different. Honda doesn't pay much attention to marking their converters. In Japan, the market for used catalytic converters is a little different. Private sellers will not be able to sell cats. So, they don't care much about marking their cats.
For Americans, this is very bad news. When you will try to sell your Honda CR-V catalytic converter that has no logo and no serial number on it, a lot of scrapyards will just offer you $10 or something like that. They are not sure that you offer to them an OEM Honda converter. How can they know it's an OEM part that contains around 20 grams of different precious metals? And this is one of the biggest problems you can face with the Honda CR-V converter. But we have some thoughts on how to deal with this.
Some bad ways to sell your Honda converter
If you are about to sell the cat converter that you have taken from your CR-V, you will need to know where to go. And the first option you will find right at the service station where you have your vehicle repaired. The mechanic that was welding your cat converter may offer to buy the cat from you. Unfortunately, the price will not be very good - $30 or something like that.
We don't recommend this option. On the one hand, you will not spend your time. But on the other hand, you will not get all the money you can get.
Here are some other bad ways to sell your converter:
- local part shops and car shops - sometimes they buy converters, but they will offer $30 or something for your CR-V converter;
- scrapyards - probably the most obvious idea everyone has at first, but scrapyards don't buy the CR-V converters at a high price at all;
- private selling through eBay or any other website - not bad, but people will not be ready to pay $200 for a scrap converter with no logo and serial number;
- selling to middlemen - these guys are professionals, but the only drawback is their greediness, they will give no more than $50 for a CR-V cat.
As you see, you have a lot of options, but all of them are not very good so far. If you want to get some more money, you should find some other ways to sell your catalytic converter. Have you heard that somebody in your area had sold a scrap catalytic converter for $300 or even $500? This is possible if you know the magic.
Selling your CR-V OEM converter to a recycling company
To understand who will pay you more money for a catalytic converter from your CR-V, you will need to know what happens with converters after they are sold. These parts head to recycling plants that melt them and take the precious metals out. Then they recycle all the remains and also sell the precious metals. Only big professional and licensed companies are allowed to recycle catalytic converters.
So, all the middlemen, scrapyards, and service stations will eventually sell your Honda CR-V catalytic converter to one of the recycling companies. Why don't you do it by yourself?
For this, you will need to follow a simple instruction:
- Find at least 3 or 5 companies that buy converters. On their websites, they usually offer some ways to inquire online. This is a very useful feature and you just have to use it.
- Take pictures of the CR-V converter from all sides. If the cat has the logo and serial number, take the picture of them. Also, take some pictures of the honeycomb inside the cat.
- Then send these pictures and inquire about the price. Usually, you can do this online, no need to contact these people on the phone or something.
- After that, you should just wait until the recycling companies send you some price offers. Some of them will also offer free shipping around the US which is extremely important to consider.
- All you have to do now is to choose the company that will offer you the best conditions. Sometimes, the difference between the price offers of different companies can be huge.
The secret strategy is that you should find as many recycling companies as you can. Some websites may belong to middlemen. They will offer you a bad price and they will then earn money on your converter. So you should find as many websites as you can. This way, you are guaranteed to get the best possible price offer.
Final words
We highly recommend you to sell the used converters to big and official recycling companies. They will give you more money than any other buyers. But, of course, you may check all options you have. Sometimes, middlemen will also be a good option because they are near you and they will give you cash right when you meet them.
The average price you can get for a big Honda CR-V converter is about $200 and up to $270. Smaller converters will cost around $110 or a little more. Unfortunately, this money is only enough to pay for labor to replace your cat converter. But it's at least some compensation for you.
About the authors
The CarAraC research team is composed of seasoned auto mechanics and automotive industry professionals, including individuals with advanced degrees and certifications in their field. Our team members boast prestigious credentials, reflecting their extensive knowledge and skills. These qualifications include: IMI: Institute of the Motor Industry, ASE-Certified Master Automobile Technicians; Coventry University, Graduate of MA in Automotive Journalism; Politecnico di Torino, Italy, MS Automotive Engineering; Ss. Cyril and Methodius University in Skopje, Mechanical University in Skopje; TOC Automotive College; DHA Suffa University, Department of Mechanical Engineering
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