How to Use a Master Catalog to Buy and Sell Catalytic Converters

master catalog

Whether you’re buying or selling scrap catalytic converters, a master catalog is a referencing tool that can help you make the most informed choices. To help you understand how to use a master catalog and why it’s beneficial, tune in to our video or keep reading.

Understanding and Using a Master Catalog

A master catalog is a converter price referencing tool, allowing you to search for a converter value by its serial number. By using this catalog, you can explore the refined value ranges and average assay returns for a specific serial number.

For example, PMR’s master catalog has more than 30,000 units that we’ve analyzed internally. If you have the converter’s serial number, you can access the average value for the total units we’ve assayed under that specific serial number.

Equipped with the average assay returns for a given converter, you can then make informed decisions when buying or selling. It’s crucial to remember, though, that each converter lives a unique life, which will affect its value. Let’s explore why the value of a converter varies when recycling.

Vehicle Lifecycle and How it Affects a Converter’s Value

The scrap price of a converter depends on the remaining precious metals once the unit is recycled. Factors such as vehicle mileage, general wear and tear, weather, and emission standards impact the quantity of precious metals left in a unit once it enters the recycling stream.

For example, a car with high mileage and more accidents will likely have less precious metal content left in its converter compared to a newer car with lower mileage. Converters from vehicles driven in colder climates generally contain lower precious metal content than those from warmer regions.

This explains why the converter in your possession may have a different value than the average displayed in a master catalog. That’s why it’s important to use the price in a master catalog as a reference rather than an absolute value, ensuring a competitive and profitable choice in buying or selling.

How to Use PMR’s Master Catalog

To access PMR’s master catalog, log in to your Supplier Services Platform (SSP) and select the Master Catalog tool. Ideally, you’ll enter the entire serial number, but if you don’t get a match, start deleting numbers from the back end of the serial number until you get a match in the system. You can also enter the first 4 digits of the serial number.

It’s important to remember that if there are no exact matches to the serial number you have, the average price displayed won’t be as accurate.

As demonstrated in the video above, using a Honda AGM2 as an example, the system displays an average assay value of 4 AGM2 converters analyzed over the years.

It’s important to note that the price shown reflects current market values, which can change as the market develops. This real-time information keeps you competitive and allows you to price converters based on the latest market values.

In this industry, knowledge is power, and that’s why it’s crucial to have pricing information you can rely on. If you want converter purchasing, evaluation, and tracking tools, contact one of our representatives today at 1-855-901-5050.

For more information, visit PMR’s Resource Center.

Published: January 5, 2024
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