Trucks and Sport Utility Vehicles (SUVs) are prime targets for thieves looking to steal catalytic converters. The catalytic converter is part of the exhaust system located underneath the vehicle and is designed to reduce the toxicity of emissions from an internal combustion engine. Thieves steal the catalytic converters because they contain small amounts of precious metals including platinum $1,290 an ounce; palladium $370 an ounce; rhodium - can trade for up to $6,000 an ounce.
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