I just got back from wal-mart and the cheapest price for the tire i needed was $100.00 a tire. While in there waiting and talking to some people,other‘s were paying 300.00 for just 2 tires. Is the price of tires going up because of this oil spill?
fed ex contractors, we were told that the price oil drove the price o tires up
tires have been high for along time, its the process to make them and the rubber and there are steel belts in them steel prices are high ETC. its not just one thing and plus you have to have them, i pay right around 225 a tire for my truck, granted they are over sized aggressive tires, but i would suggest not going to wal-mart and going to a tire shop even though wal-mart can buy in bulk and get a discount a shop that specializes in tires can get a better deal
Tire prices are going up because of the high cost of raw materials, particularly steel, the 80% import tarrif on tires produced in China, high transportation costs and the fact that tires are much larger and are built to higher speed ratings today than they were even 10 years ago. A decade ago 80% of tires sold were 13, 14 or 15 diameter. Today no new cars are sold with 13 tires, 14 is virtually non-existant and 15 is considered entry level. Today's sub $20k economy car often comes with a low-profile 17 or 18 high performance tire where a decade ago the same model would have had a 14 standard passenger all-season tire. The price difference between those is more than double.
