Check out this quick breakdown of price view options & pick the one that fits your business best.
Are you looking for more information about the buyer in your area?
What are my options?
Live Market Prices
Description → Real-time metal market based prices. These prices are based on average top tier or high volume pricing, but they do come with some drawbacks. Live prices are a best fit for high volume businesses.
Benefits:
- Often the highest available prices, with the potential to make even more via assaying. How to assay →
- Add your profit margin in price settings to use it. as your own live price list
- Pull an “Assay Results Report” to see your inventory metal content.
- Use them as a negotiation tool by adding 10-30% margin for low volume loads.
Downsides:
- Prices are not buyer-backed. Buyers may offer 10-40% less at the door to account for market risk.
- To get the maximum value assaying is recommended. Assaying requires load minimums, delayed payment, shipping & other fees. More about assaying →
Buyer Backed Prices
Description → Stable, guaranteed prices from national-scale vetted buyers.
Benefits:
- Guaranteed haggle-free prices, that can be locked-in for 3-7 days.
- Instant payment upon arrival.
- No minimum load requirements, get the same price no matter how many cats you have.
- You can use these prices to double check your local buyer offers.
Downsides:
- You must sell to the specific buyer to receive the price shown on the app guaranteed.
- Potential shipping or delivery fees if the app buyer is located far away.
- Prices may not follow the live market.
Maximize every cat
- Use Cat DB app to find the correct cat code, avoiding low “generic” prices.
- Always verify buyer prices yourself using the app.
- Contact us for free photo-grading before accepting a low price.
- Watch the market and sell when PGM values are high.
- Watch out for buyers that offer high initial prices to get your business and then lower them over time.
Sell in bulk
- Collect more catalytic converters and sell all at once, you will have more negotiating power with smaller local buyers. However, large national scale buyers often buy at a set high amount regardless of volume.
- If not, work with larger-scale buyers that offer higher (at the door) pricing tiers.
Consider Assaying
For the absolute highest pricing:
- Try assaying, but note this requires ~400+ catalytic converters and has other drawbacks. More on assaying →
- Use our “Assay Results Report” to get paid right on every assay.
Convenience vs Price
Lower price tiers do offer benefits like:
- Pick-up services
- Instant payments
- Stable prices
- No minimums
If you have less than 400 catalytic converters and want guaranteed prices, go with Buyer-Backed Pricing. This option ensures stable instant payouts from our select buyers without the hassle of negotiation.
If you have 400+ cats and are interested in or currently assaying, choose Live Market Pricing. This allows you to get real-time prices and an assay report, confirming that your payout from the refinery is accurate.
Choose the option that best fits your selling style—whether you prefer guaranteed prices or more advanced negotiation.
Buyer-Backed Pricing: This option guarantees you a set price without negotiation, providing stability and clear expectations. You can drop off or ship to the buyer on the app or use their prices to negotiate with smaller local buyers.
Live Market Pricing: This allows you to see top tier prices of the metal content in your cat at the live market rate. However, you’ll need to negotiate margins with local buyers who will need to make a margin of 10-30% of the price shown.
If you’d like to see current guaranteed prices of national buying companies, go with Buyer-Backed Pricing. This option also ensures that you can resell your cats with stable instant payouts from our select large-scale buyers without the hassle of negotiation.
If you prefer to assay the converters yourself or sell at the door to a refinery, choose Live Market Pricing. This allows you to get real-time prices and pull an assay report, so that you can hedge and get paid correctly. You can also add a profit margin to these prices and use them as your own price list.
Hedging:
Buyers hedge at different market points to lower their risk. This means they lock-in metal prices for a set period, which can lead to prices that don’t always match current market values.
Test results:
Buyers rely on metals test results from different sources. Factors like the mileage of the vehicle and the testing method can cause significant price differences. This variability leads to different valuations even for the same catalytic converter.
Profit margin based on load size:
Each buyer has different profit margins based on the volume of catalytic converters that they buy overall. Middlemen tend to pay 10-40% less than top-level refineries because they need to process & resell the converters.
Refineries prefer to buy from larger sellers (400+ converters) and offer higher prices based on volume. However, some bulk buyers will purchase smaller loads at competitive rates if shipped or brought directly to them.
We have pre-established agreements with buyers in certain states to limit the ability to switch prices back and forth. These agreements may change in the future, but for now, you can contact us anytime via call or text if you are in a restricted State and want to change your price view.