Due to federal regulations, every vehicle in the United States that runs on gasoline is required to have an exhaust system that employs a catalytic converter. This device converts toxic emissions from your vehicle’s exhaust system into safer emissions. Sometimes catalytic converters break, although not often. Recycling your broken catalytic converter is a good investment. It is easy to check catalytic converter recycling information to get the best price for your converter. Putting some extra cash in your pocket plus protecting the environment is a definite plus.
Catalytic converters can be very valuable because they contain platinum, palladium, and rhodium, three different platinum group metals. In a standard catalytic converter, there are possibly three to seven grams of platinum depending on the manufacturer. Determining how much your catalytic converter is worth depends on a number of factors. Basically the market price of platinum and the other precious metals on the day that you sell will determine the price you are paid. Also some catalytic converters are worth more than others.
Recovery of platinum is a very lucrative business because there are numerous applications for this precious metal. It just makes sense to recycle used and broken converters to recover precious metals because of their value. For specific details about recycling your broken catalytic converter, visit http://www.converterguy.com/catalytic-converter-recycling/