5 Tips To Find The Best Catalytic Converter Buyer
Posted: May 26, 2022
Whether you are a scrap core buyer or replacing a catalytic converter on your vehicle, there is money in selling your used catalytic converter for scrap value. There are precious metals inside them, specifically Platinum, Palladium, and Rhodium, which are valuable in scrap. Those materials inside can equal anything from $50 or even over $800 per unit, so it’s important to know how to find the best buyer. Below we have some helpful tips in finding the best buyer for your catalytic converter.
Is The Company Real?
In the online world, it’s straightforward to “find the best buyer” for catalytic converters, but it’s important to qualify the company you are looking to work with. There are few things to ask when looking at a brand:
- Where are they located? – Find out where you will be shipping (if applicable) the cats, i.e., United States or Internationally. Or, if they are a local scrap yard, make sure they are a real business location and not someone’s house.
- Do they have reviews online? – Check Google and/or Facebook for feedback from customers for legitimacy. Also, note when those reviews were posted if they are recent or not.
- Are they clear on what to expect? – Make sure the website or Facebook page clearly states how they go through the process of pricing, receiving, and paying.
- Location: Rockaway Recycling, in Rockaway, NJ – We have been in business since 1977 and can be seen here online.
- Reviews: You can read our 1,000+ Google reviews online here. Also, we are registers with BBB (Better Business Bureau), and you can see our profile here.
- Steps for Shipping: Our team has our steps to process your cats and pay for every process. Once you get a quote from us, you get further details.
How Do They Pay?
Making sure to have a clear idea of the payment options is good to know. Do they pay you before or after they receive the material? Are they paying for shipping? Please make sure you check for payment options and protection. There are many people catalytic converter buying space that we have heard whispers of not sharing this information and taking longer than expected for payments, and in rare occasions not paying at all.
Here at RRCats, we have 2 payment options; PayPal or Check. We do note that our customers are responsible for any fees associated with payments, including PayPal fees. Also, we have a policy that we do not pay for any catalytic converters until we receive them in person and make sure they are the right ones we quoted you. If we find a discrepancy like the wrong cat or half full, we will reach out to you with the new price before issuing any payment.
How Do They Price Your Cat?
Some catalytic converter buyers will state they will price it based on your vehicle’s year/make/model, but this is not a complete pricing tactic. Many cars may have an aftermarket cat (low value), while others have OEM (Original Equipment Manufacturer) cats worth more. Buyers that quote based on Serial Numbers will be more accurate in pricing and know what they are looking at.
We price our catalytic converters based on Serial Numbers and pictures. Some cats do not have numbers, so we have to look at the unit photos to determine what grade of pricing is required. We ask for photos of any/all catalytic converters you are looking to sell us so we can double-check any serial numbers that are relayed to us.
Do They Honor Prices?
After getting a price for your catalytic converter, do they “lock” in your price at all? Some buyers may honor that price for the week or the month. To protect yourself, it would be a good idea to ask them how long they honor prices, so you can make sure to lock it in.
Our policy is that we honor all prices we quote for 7 business days.
What Do They Ask You For?
Some buyers may ask for your information like name/address while others, won’t ask you for anything. Keep an eye out to see if they are legitimate based on the standard contact information they are requesting; this will help you understand their qualifications as a business. Most US States have standards of logging all scrap transactions, including buying catalytic converters.
Here at RRCats.com, we will be asking you for a picture copy of your State-Issued ID or Driver’s License. This is the legal process when we buy scrap. We keep your information on our files and fully comply with local and other state laws when we are contacted about previous transactions.
In summary, it’s important to know how you are expected to work with your catalytic converter buyer when getting a quote, getting paid, and any guarantees as a customer. If you have any questions about selling your catalytic converter, feel free to reach out to our team, and we would be happy to help.