Some suggested steps for troubleshooting a P0420 code include:
- Check for [COLOR=#009600 ! important][COLOR=#009600 ! important]exhaust[/color][/color]

leaks at the manifold, pipes, catalytic converter. Repair as required.
- Use a scope to diagnose the oxygen sensor operation (Tip: The oxygen sensor in front of the catalytic converter normally has a fluctuating waveform. The waveform of the sensor behind the converter should be more steady).
- Inspect the downstream heated oxygen sensor (HO2), replace if necessary
- Replace the catalytic converter
One thing to note is that many vehicle manufacturers offer a longer warranty on emissions-related parts. So if you have a newer
[COLOR=#009600 ! important][COLOR=#009600 ! important]car[/color][/color] but it's out of it's bumper-to-bumper warranty, there still may be warranty on this type of problem. Many manufacturers give a five year, unlimited mileage warranty on these items. It's worth checking into.