Why are Toyota Prius targeted for catalytic converter theft?

Why Toyota Prius are Targeted for Catalytic Converter Theft
The Toyota Prius is targeted for catalytic converter theft for several reasons:
1. Precious Metals: The catalytic converter of the Toyota Prius contains precious metals such as platinum, rhodium, and palladium, which have seen rising prices due to recent declines in mining output and the impact of the pandemic. This has made the catalytic converters of Toyota Prius cars manufactured between 2004 and 2009 particularly attractive to thieves due to the high value of these metals.
2. Hybrid Cars: Hybrid cars, including the Toyota Prius, have catalytic converters that contain higher concentrations of precious metals compared to those in gas-only models. This makes them more lucrative targets for theft.
3. High Theft Claim Frequency: The theft claim frequency for 2004-2009 Prius models was more than 40 times higher in 2020 than in 2016, making them an unlikely but prominent target for thieves due to the spike in demand for precious metals used in making catalytic converters.
4. Cost of Repair: The cost of repairing a stolen catalytic converter can be substantial, often exceeding $3,000, leaving Prius owners feeling frustrated, vulnerable, and financially burdened.
In summary, the high concentration of precious metals in the catalytic converters of Toyota Prius cars, combined with their high repair costs and the spike in demand for these metals, has made them a prime target for catalytic converter theft.

What car brand has the most catalytic converters stolen?

Thieves target catalytic converters because they’re valuable and contain precious metals like rhodium, palladium, and platinum. As one of the most recognized hybrid models, the Toyota Prius is often the most targeted vehicle.

How do I protect my Prius from catalytic converter theft?

For the best chance of preventing catalytic converter theft, use as many of these methods as possible:

1. Park strategically.
2. Paint your converter.
3. Add your VIN or a label system.
4. Set your alarm.
5. Add a shield or lock.
6. Weld your converter in place.

What year Prius has catalytic converter theft?

2004-2009
It costs $2500 – $5000* to have your catalytic converter replaced. It’s also often a nightmare getting insurance companies to pay for the repair. Thieves are specifically targeting 2004-2009 Prius, though model years up to 2015 have experienced increased theft of the catalytic converter.

What is Toyota doing to prevent catalytic converter theft?

Thousand Oaks Toyota is proud to offer catalytic converter protection shields, as well as installation. This aluminum plate is designed specifically to prevent catalytic converter theft from your vehicle and will not affect any mechanical performance.

Can you drive a Prius if the catalytic converter is stolen?

The answer is both yes and no. Technically, a car can function without a catalytic converter. However, this is not a sustainable long-term option.

Does the 2024 Prius have a catalytic converter?

While the 2024 Prius breaks away from the conventional hybrid mold, its desirability in the precious metals its catalytic converter contains increases the urgency to safeguard it against catalytic converter theft.

Why are hybrids targeted for catalytic converter theft?

Why hybrids? It’s because more precious metals are needed for a hybrid’s catalytic converter. Hybrid engines do not run as often, so their exhaust does not get as hot.

Will my insurance go up if my catalytic converter is stolen?

If you want your insurance to cover it, you will need comprehensive coverage which usually covers stolen parts. That said, depending on the cost of the replacement and your deductible, it may not make sense to file a claim. After all, filing a claim will likely make your rates go up.

Why are Toyota being targeted for catalytic converter theft?

Certain vehicles are more vulnerable to catalytic converter thefts than others. The Toyota Prius is a frequent target because, as a hybrid vehicle, it sports a more complex exhaust system. This means that it’s more expensive and, therefore, more valuable for thieves.

Which Prius gets catalytic converter stolen?

2004-2009 Prius
It costs $2500 – $5000* to have your catalytic converter replaced. It’s also often a nightmare getting insurance companies to pay for the repair. Thieves are specifically targeting 2004-2009 Prius, though model years up to 2015 have experienced increased theft of the catalytic converter.