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I-Team: It only takes seconds to steal a catalytic converter, how to protect your vehicle

FOX 5 Atlanta 12,260 2 years ago
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by Dana Fowle Aired March 20, 2023 ATLANTA - Catalytic converter theft is not only on the rise, it’s spiking. It’s a lucrative theft that only takes seconds to steal. It’s such a problem that Carfax decided to try it out themselves. Carfax, which provides vehicle history reports and other car trend data, teamed up with an auto parts store to take out a vehicle's catalytic converter. The video shows a man easily slip under an older model truck with an electric saw and get to work. It’s noisy, but if you live in a city or busy area, that may go unnoticed." Sign Up and Get 7,777 Gold Coins and Free 10 Sweep Coins. No Purchase Required. Luckyland Slots| Sponsored "The trucks and the vans, in particular, sit high off of the ground, and they are easy marks," Patrick Olsen, Carfax's executive editor, told the FOX 5 I-Team. Carfax reports that last year there were 153,000 catalytic converter thefts reported. THREE MOST VULNERABLE VEHICLES IN ATLANTA Ford F-150 truck series Honda Accord Ford Econoline van Under that truck, the staged theft by an auto parts store employee took only 66 seconds. In just about a minute, a real thief walks away with precious metals: palladium, platinum, and rhodium. "Palladium and platinum are trading for about $1,000 an ounce on the market right now," Olsen said. "But Rhodium is going for $10,000 an ounce." Atlanta's vehicles tend to last longer because of our good, year-round climate. As a result, owners of older cars will often drop comprehensive insurance at some point and go with liability only. "Liability insurance won’t cover this theft. So, you might want to consider getting comprehensive insurance because that will cover this kind of theft," Olsen added. It costs between $900 and $4,500 to replace the catalytic converter. So to avoid being a target park your vehicle in a garage, use off-street parking, and navigate toward well-lit areas. And, if you’re working from home, be sure to move your car around. Don’t leave it in one spot. You don’t want it to look abandoned. Auto dealers now are etching the vehicle identification number onto the cover of the catalytic converter itself. But it’s still not enough. When an easy target and good money only take a minute to snatch, it’s too good for some not to steal. Law enforcement is trying to stay on top of this. Last fall the Justice Department busted a 21-person ring from nine different states. Subscribe to FOX 5 Atlanta!: https://bit.ly/3vpFpcm Watch FOX 5 Atlanta Live: https://www.fox5atlanta.com/live FOX 5's Good Day Atlanta team brings you the latest news, weather, traffic, sports, entertainment and more. Please join us in the mornings to get your day started right. Watch more from FOX 5 Atlanta on YouTube: FOX 5 News: https://www.youtube.com/playlist?list=PLUgtVJuOxfqkmrF1fONNmi8nKI0Z-FPE- FOX 5 Atlanta I-Team: https://www.youtube.com/playlist?list=PLUgtVJuOxfqlb_I16wBwizoAoUsfKEeWB Good Day Atlanta: https://www.youtube.com/playlist?list=PLUgtVJuOxfqlKT5xsbsPFgr5EBzdsWTvG FOX 5 Extras: https://www.youtube.com/playlist?list=PLUgtVJuOxfqli-5MS_2X-i6bNGWvV0RYP You Decide: https://www.youtube.com/playlist?list=PLUgtVJuOxfqnCKb7UkRde2NXuaoPEAXut Download the FOX 5 Atlanta app: https://www.fox5atlanta.com/app Download the FOX 5 Storm Team app: https://www.fox5atlanta.com/storm Follow FOX 5 Atlanta on Facebook: https://facebook.com/fox5atlanta Follow FOX 5 Atlanta on Twitter: https://twitter.com/FOX5Atlanta Follow FOX 5 Atlanta on Instagram: https://www.instagram.com/fox5atlanta/ Subscribe to the Morning Brief and other newsletters from FOX 5 Atlanta: https://www.fox5atlanta.com/email

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