The skyrocketing price of palladium, fueled by increased market demand for this precious metal, has turned into a wave of thefts of a car converters unlimited.
According to the latest statistics, over the past six months, palladium prices have increased by more than 50%.
As a result, this metal, which is actively used by automakers in a converters unlimited , designe to reduce harmful engine emissions, for the first time since 2002 has become more expensive than gold.
This fact provoked the theft of converters unlimited .
Removing a converters unlimited from the car is not too difficult. It takes several minutes, and video instructions can be found on the Internet.
Thieves operate in groups: at night they drive up to the chosen vehicle, saw off the catalytic converter with a piston saw, and then drive on. It is difficult to find robbers, as they hand over the stolen catalysts for scrap at pick-up points that do not require identification.
Experts attribute the growth in demand for palladium to new tightening of environmental requirements for cars, which caused the so-called “diesel gate”.
According to the forecasts of the world’s largest palladium producer, the metal deficit in the market will persist until 2025. This year it will reach 1.4 million ounces.
One of the frequent converters unlimited victims
For owners of hybrids
the theft of a converters unlimited has become a headache. Because of it, the general insurance of the car increases in price, and the part is expensive if you pay for the repair yourself.
But in case if it happened to your converters unlimited and you have doubts about possible consequences, it is better to get more information.
There are certain disadvantages in driving without a converters unlimited, these include increased emission of harmful gases, non-compliance with environmental standards, smell of gases inside the car, increased noise, likelihood of burnout of the exhaust system.