Catalytic converter theft is not just impacting drivers. Car dealers are forced to shell out thousands of dollars if their inventory is hit. Some small dealers are even going out of business due to the financial impact. via SloanDickey
DENVER — Jambo Woldyohannis has a new morning routine of starting each of the nearly 100 cars on his lot. It is the only efficient way he can check to see if any of his cars at Jambo's Automotive were hit by catalytic converter thieves. In the past year, 12 of his cars have been targeted.
The replacement catalytic converter for the Range Rover costs more than $3,000, but Woldyohannis says he has seen some bills for nearly double that. The cost of replacing the part means the cars are no longer profitable on his lot, and he will likely have to sell the car for a loss. Woldyohannis is not alone in his struggle. Dealerships across the Front Range are being hit. Many managers say the past several months have been particularly bad.
The industry is banding together to push for legislation to fix the issue. Senate Bill 22-009 in the Colorado legislature seeks to re-allow the sale and instillation of aftermarket catalytic converters in cars registered in the state. That practice was banned in 2018 under a new set of transportation regulations that sought to decrease emissions.
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