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Probably too much! Could try getting one from a scrapyard? My mate wanted a new back box and Renault wanted to charge him something like £500 for it including fitting. He bought one from a scrapyard for £90 including delivery and got a mate to fit it!
Midlife (Dave), dont change it just because it smells, get it checked out first on a gas analyser. All catalytic converters smell when the engines cold, they take time to warm up before they work properly. I think they smell like prunes though?