Yard buyer guide
How to price a catalytic converter
A clean buy price starts with the stamp, then the metal market, then condition and your margin. Here’s the process scrap yards use when every minute at the scale counts.
1. Find the converter code
Most legitimate OE converters carry a stamped or embossed code. That stamp is your index into a price list — not the vehicle year alone, and not a guess from the shape.
- Look along the body, heat shield, and end cones for a clear alphanumeric stamp.
- Wipe grease and rust carefully; partial characters are better than a wrong full code.
- Note brand family when you can tell — GM, Toyota, Ford, Diesel, and others often group differently on lists.
- If the stamp is worn, search what you can read and confirm the match before you quote.
On a busy yard, full-or-partial code search is faster than flipping paper lists. That’s the job CatXapp was built for: type what you see, get candidates in milliseconds.
2. Adjust for live PGM markets
Catalytic converters hold platinum-group metals — platinum (Pt), palladium (Pd), and rhodium (Rh). Refiners and price lists are ultimately tied to those spots.
A printed price list is an anchor, not a forever price. When metals move, the same converter code should move with them. Pricing from last week’s memory is how yards overpay on rising markets or lose deals when spots drop.
Practical habit: before you lock a large buy, refresh today’s Pt · Pd · Rh and apply the adjustment your process uses. CatXapp scales catalog anchors with live spots so the number on screen reflects the market you’re buying into — not yesterday’s printout.
3. Factor integrity and condition
Two units with the same stamp are not always the same buy. Condition changes recovery and risk.
- Intact OE unit — full body, substrate present, stamp readable.
- Cut, emptied, or aftermarket — lower or reject; don’t pay OE money for hollow metal.
- Damaged, soaked, or unreadable — discount or hold until you can verify.
- Wire / foil / packed fakes — know your red flags; when in doubt, walk.
Build integrity into the quote before the seller hears a number. Changing the price after they’ve already heard the high figure burns trust and slows the line.
4. Build the buy price
A repeatable quote is a short pipeline — not a gut feel:
- Identify the converter code (full or confirmed partial match).
- Start from your catalog / list anchor for that code.
- Adjust for today’s Pt · Pd · Rh.
- Apply integrity or condition discounts.
- Apply your margin so the buy leaves room for freight, refining, and profit.
- Document the quote — especially on multi-unit loads.
CatXapp mirrors that workflow on iPhone: Free gives you 5 code lookups per week with live PGM-adjusted prices. Essential unlocks unlimited search. Pro adds cart tools, margin control, saved loads, and PDF export so you can hand the seller a clean, dated receipt.
5. Yard pricing checklist
- Read the stamp — write or photo anything unclear.
- Look up the code (partial OK if you confirm the match).
- Check live Pt · Pd · Rh before large buys.
- Inspect integrity; adjust or reject early.
- Apply your margin once — same rule every time.
- Save or print the quote for the load.
FAQ
What determines a catalytic converter buy price?
Start with the stamped code, adjust your list price with live Pt · Pd · Rh, then factor integrity and your margin. Vehicle year alone is not enough.
Why do prices change day to day?
PGM spots move. The same converter code can be a different buy price when platinum, palladium, or rhodium shift — even if your paper list hasn’t been reprinted.
What if I can only read part of the code?
Search the characters you can see, narrow by brand when possible, and confirm the visual match before you lock a number. Partial lookup beats inventing a full stamp.
How does CatXapp help?
iPhone app for yards: full or partial code search, live PGM-adjusted buy prices, margin, carts, and PDF receipts. Five free lookups per week — no account required to start.
Price faster on the yard
Look up converter codes with live metal markets on iPhone. Free to try — 5 lookups per week.
Download on the App Store