As a Prius owner, I know how important it is to have a reliable catalytic converter.
When I heard about the recent rise in catalytic converter thefts, I was worried about how much is a Prius catalytic converter worth to get an idea of what it would cost me to replace mine.
After doing some research, I found out that the cost of a new Toyota Prius catalytic converter can range from $2,145 to over $3,000, depending on the model year and type. Whereas, an old Prius catalytic converter can be sold for around $400 to $700.
But there are a few more factors that decide the cost of a catalytic converter. In this article, I’ll go through everything you need to know.
Table of Contents
How Much Is A Prius Catalytic Converter Worth?
As it is with any other car brand, getting a genuine catalytic converter from Toyota is more expensive than getting it from other brands or a scrapyard.
Depending on your budget and research, you can choose which fits your need best. However, I would strongly suggest against buying cheaper alternatives from other brands.
A Prius replacement catalytic converter from Toyota will cost you just over $2,000. And if you consider the labor costs and other charges, it can go up to around $3,000.
On the other hand, if you are looking to sell the existing Prius converter as scrap or otherwise, then the money that you will get will be much lower.
As per my experience, a used Prius catalytic converter can be sold for anywhere between $400 and $700.
A catalytic converter can generally be sold at scrapyards and recycling stations. You can also list it on Facebook groups or Craiglist but beware of the scammers and deal safely.
What Determines a Catalytic Converter Price?
With that being said, the actual value of a catalytic converter can vary widely depending on different factors, which we have discussed below.
1. Precious metal content
As I have mentioned before, catalytic converters contain precious metals such as platinum, palladium, and rhodium, which have significant value.
The higher the content of these metals in the converter, the more valuable it will be. Check out this article to find the most expensive catalytic converters in a car.
2. Market demand
In general, the demand for catalytic converters can vary depending on factors like global economic conditions, regulations, and the availability of the metals mentioned previously.
If there is high demand for catalytic converters or a shortage of precious metals, the value can increase.
3. Converter type and model
Different types and models of catalytic converters can have varying values.
Since its launch, there have been several generations of Prius cars for sale in the market, with each generation having a separate model of converter.
Some of these converters may contain a higher concentration of precious metals or have specific features which can make them more valuable in the market.
4. Condition
The condition of the catalytic converter also plays a role in determining its worth.
If the converter is in good working condition with minimal damage or contamination, it may fetch a higher price compared to a converter that is damaged or worn out.
5. Local scrap metal prices
Another major factor that determines the worth of a converter is the ongoing market prices for scrap metals.
The prices of precious metals, such as platinum, palladium, and rhodium, can fluctuate in the scrap metal market.
As such, the current local prices for these metals influence the value of catalytic converters.
Why Does Prius Need A Catalytic Converter?
The Toyota Prus is a hybrid car, but it still has an engine, and that is why a catalytic converter is essential.
A catalytic converter helps to reduce pollutants generated by fuel combustion inside the engine, and that makes it an important component for environmental protection.
Besides, there are a few other reasons why every fuel vehicle needs a catalytic converter, as I have discussed below.
1. Regulatory compliance
Catalytic converters are mandatory in many countries, including the US, to comply with emissions regulations. (source)
They ensure that the vehicle meets specific standards and helps enforce environmental laws, contributing to cleaner air and sustainable transportation.
2. Health benefits
The reduction of pollutants achieved by catalytic converters has direct health benefits.
Lower emissions of harmful combustion by-products help prevent respiratory and cardiovascular diseases, improve air quality in urban areas, and safeguard the well-being of people.
3. Vehicle performance
It may not seem like it, but catalytic converters play a crucial role in optimizing vehicle performance.
They help improve fuel efficiency by promoting more complete combustion, which leads to better engine operation and reduced fuel consumption.
When Should You Consider Replacing A Prius Catalytic Converter?
You may need to replace the catalytic converter of your Prius for several reasons, such as:
1. Catalytic converter malfunction or failure
Catalytic converters are a machine, and like any machine, they can malfunction or fail over time. This can happen due to various factors, such as age, wear, or damage.
If your catalytic converter is no longer functioning correctly, it may not effectively reduce harmful emissions or meet emissions regulations.
In such cases, replacing the catalytic converter is necessary to restore proper functioning and ensure compliance with environmental standards.
2. Upgrades or modifications
If you are a car enthusiast like me, then you may choose to upgrade or modify your existing catalytic converter.
Upgrading your catalytic converter can offer certain benefits like improved performance or enhanced compliance with strict emissions regulations.
Modifying your converter can be particularly helpful if the existing environmental regulations are changed due to some reason.
In that situation, a replacement catalytic converter that meets the desired specifications or regulatory requirements will ensure that you can keep using your Prius for longer.
3. Catalytic converter thefts
Unfortunately, catalytic converter theft has become increasingly common in recent years.
In fact, it is one of the biggest reasons why car owners seek converter replacements these days.
Since they contain precious metals, stolen catalytic converters can fetch quite a high price in illegal markets.
That is why thieves target vehicles, for if they can get their hands on a catalytic converter, they can sell it for a hefty profit.
The Toyota Prius is a popular car, and because of that, it is the most common car that has its catalytic converter stolen by thieves.
Frequently Asked Questions
Can you drive Prius without a catalytic converter?
It is not recommended to drive a Prius without a catalytic converter as it helps to reduce harmful emissions and it’s a violation of federal law in the US. Also, it may cause damage to the vehicle’s engine and affect its performance.
Why are Prius catalytic converters so valuable?
Catalytic converters in Prius cars are valuable because they contain precious metals like platinum, palladium, and rhodium that can be sold for a high price.
How much can you get for a stolen Prius catalytic converter?
You can get up to $400 for a stolen Prius catalytic converter, according to the scrap price in the marketplace.
Robert Bacon is a car nerd and automotive lover who has dedicated his life to understanding the inner workings of vehicles. He holds a degree in mechanical engineering and has spent years working as a mechanic and engineer for some of the world’s top car companies. In his spare time, he enjoys writing about cars on this blog and tinkering with his 2016 Toyota Mirai in his garage.