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Catalytic converters can use many combinations of platinum, palladium, and rhodium. Many older cats have right much rhodium which used to be less than $1000 an
by jcampbell1 5y ago
Catalytic converters can use many combinations of platinum, palladium, and rhodium. Many older cats have right much rhodium which used to be less than $1000 an oz, but now is closer to $10,000/oz. If someone steals your high rhodium cat, and you replace it with a rhodium free cat, it can be the case that the scrapped cat is worth more than the replacement.