On page 1 of the 2019 manual, it states that 2019 vehicles have a Federal Emissions Long Term Defect Warranty of 8 years/80,000 miles. However, page 1 of the 2014 manual does not show this warranty. I have not tried erasing this code. I would like to have this fixed under warranty if possible as if I erase the code now and it comes back 5,000 miles later, I will be over 80,000 miles and will have to pay for the repair out of pocket. I feel that a catalytic converter should not fail this early in its life.
Nothing should happen if i don't repair this vehicle now other than polluting the environment more. However, when this vehicle is 8 years old, it will be time to smog it, and the catalytic converter will have to be replaced.