My 2018 C300 (W205) just threw a check engine light. I scanned it with my OBD-II tool and got a P0420 code: "Catalyst System Efficiency Below Threshold (Bank 1)".
The car seems to be driving fine, no noticeable loss of power or strange noises. Fuel economy might be slightly worse, but it's hard to tell for sure.
What could be causing this? Is it definitely a bad catalytic converter, or could it be something simpler like an O2 sensor? I'm hoping to avoid a costly repair if possible. Any advice on how to diagnose this further before taking it to the dealer?