Automobile

Catalytic converter thieves are targeting the Toyota Prius from 2004 to 2009

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In 2021, there has been a significant increase in the theft of catalytic converters in the United States. A recent report found that thieves are particularly looking for parts installed on the second-generation Toyota Prius. The number of insurance claims involving the Prius produced between 2004 and 2009 has soared.

It is not ironic to remove the catalytic converter from the so-called “green” car, which causes the thief to crawl under the old Prius-even though the hybrid system is the indirect culprit. The Highway Loss Data Institute explained that there are more catalytic converters installed on this version of the hatchback than found on the Land Cruiser because it does not get so hot because the engine is not always running. Platinum The prices of metals such as, rhodium and palladium are rising, so the number of thefts is also rising.

In terms of background, the frequency of theft claims for the Prius from 2004 to 2009 was 58.1 per 1,000 insured vehicles in 2020, much higher than the 1.4 in 2016. It is worth noting that the frequency of theft claims for other models of this era did not increase significantly between 2016 and 2020. There is a good reason: the same report added that the price of the second-generation Prius GD3+EA6 catalytic converter is hovering around US$1,022. Cut one out of the third-generation model, which is worth about US$548. The thief who couldn’t find the Prius but was surrounded by Ford F-150 pickup trucks could hardly make that much money: the 2007 model’s catalytic converter was worth about $143.

The Highway Loss Data Institute warned that its database does not contain information about specific components stolen, which means it cannot distinguish the difference between a stolen catalytic converter and a stolen OZ Racing alloy on paper. However, it added that the dollar value allocated to each claim could provide a slight indication of the stolen items. The cost of replacing a catalytic converter (part of the exhaust system) is usually between US$2,500 and US$3,000, and the number of claims in this range has increased dramatically in recent years.

Keeping the catalytic converter safe and securely fastened to the car is easier said than done; you cannot hide, lock or LoJack it. Worst of all, it is not marked with the vehicle identification number (VIN) of the car, so once it disappears, the chance of finding it is very low.

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