>Over the last two years, the state transportation agency has spent more than $62,000 on repairs related to guardrail theft in the region.
If the full cost of replacement is ~$31k/yr, the scrap value of the stolen guardrails is surely far less. Seems like there wouldn't be enough for even a single thief to make a living.
Its the same thing with catalytic converters. The crackhead stealing a catalytic converter from a 2011 prius is interested in the $150-$350 of platinum in the catalytic converter, not the $2200+labor replacement cost of the thing. Considering that its ~20 minutes looking, and ~2 minutes sawing to steal the thing, we should all be so lucky as to make $150-$350 for less than 30 minutes' work.
When I was in Central America people would steal windshields from cars left outside at night. New replacements were very expensive because of import taxes but you could just go to the nearest shady shop and what do you know, they just happen to have a used one for your car in stock!
Because there are federal laws against selling for re-use and installing used emissions parts[1] and there are federal laws that make the remanufacturing operation you'd need to make "new cats" less profitable than shipping the used stuff overseas and doing it there.
So in my case, it was especially egregious (seriously, people have been petitioning Toyota for decades to recall Priuses to make the cat harder to steal), but in general, if you’ve got the OK to sell exhausts in California, you’re not going to endanger it by coming anywhere close to an illegal platinum/palladium fencing operation.
A second hand iPhone is only worth a few tens of dollars on the black market, but that's enough for the next hit.
or, is it just because apple is a jerk and wants all repairs to be done by apple?
It's not like the users are really losing anything by wiping and removing activation lock, the phone is already stolen, so it often works