Science of the converter. Cars targeted per CarFax.
Each converter has about 6 grams (about one-fifth of an ounce) of platinum, palladium and rhodium. Assuming 2 grams per metal, it could fetch about $1,142 at today’s price when it was about $275 in 2018.
[…] The problem has not gone away. Two cuts, it took. Estimate to replace ranges from $2K to $3K. […]