Despite being a crucial component of your car, it’s simple to forget to budget for new tires. So, how much do tires cost? We will also show you how to save money when buying tires.
The cost of tires varies. In general, the cost of low-end tires ranges from $50 to $150, medium-priced tires from $100 to $300, and of high-end tires from $300 to $1000.
In this guide, we’ll look at ways to save, plus things to consider when tire shopping.
How Much Do New Tires Cost?
The cost of a new tire can range. Cheap tires will typically cost between $50 and $150 each, mid-range tires will cost between $100 and $300 each, and luxury tires will cost between $300 and $1000 each.
You should budget slightly more than $600 for a set of 4 new tires, excluding installation costs, based on the median price of tires in the United States. But remember, if you drive a larger vehicle or need tires suited to harsh conditions or off-roading, you could spend substantially more.
How Much Does Tire Installation Cost?
Tire installation costs range from $15 to nearly $45 based on your location and the type of tire shop you use. Sam’s Club tire shops charged about $14 on average, while car dealerships charged $36 for installation fees.
Factors Affecting Cost
Different compounds and ratings for treadwear are used to make tires. These ratings indicate the estimated lifespan of the tires. The conditions in which each type of tire performs best are typically used to classify them. Here are some of the common types of tires, and the factors that may affect their cost.
Weather performance. Summer, winter, and all-season tires are the different types of tires. All-season tires strike a balance between the two, while summer and winter tires are made to perform in specific types of weather. The least expensive option is typically all-season tires, while summer tires are typically the most expensive. Winter tires fall somewhere in the middle.
Comfort. You can ride more comfortably on some tire types, such as touring tires. Comfort tires may have the same performance potential as other tires — for example, they may have the same wet and dry braking capabilities as all-season tires — but they tend to cost more because they offer a more comfortable ride.
Terrain.Because they have tread made to allow you to drive off-road, all-terrain tires are typically more expensive than standard highway tires. A highway tire has a tread life of about 40,000 miles, but an all-terrain tire will likely wear out more quickly and require replacement sooner.
Performance. Performance tires, created for sports cars, enable you to turn in tightly and stop suddenly. Performance tires will cost more, but they will allow you to drive more quickly.
How to Save Money on Tires?
Here are the details:
Shop Around
Shopping around is the most crucial element. Even though they are the same tires, you can call one place to get a price on a specific set of tires, but the price is entirely different somewhere else.
You should keep a few costs in mind as you shop around. The price of the tires, the cost of installation, and any additional fees levied by the business are all included. Ask for the “out the door” price, so you can compare it apples-to-apples.
Watch for Sales
If you shop during a sale, you can save a lot of money. Waiting for the next sale is obviously not always convenient, but if you have some time before the tires need to be replaced, this is a great way to save money.
Tire shops run a variety of sales all year long. You can benefit from a Buy 3, Get 1 Free offer or a specific percentage off. You can predict when a tire sale might be approaching because they typically coincide with holidays.
Take Advantage of Rebates
Discounts can be scarce because tire shops don’t always make a lot of money from the tire. The manufacturers are content to provide rebates all year long, though.
Most of the rebates are through the mail but can be found online. Additionally, ask the tire shops because they know exactly what’s available.
Ask About Takeoffs
Used tire purchases aren’t always a good idea, but takeoff is a totally different story. The customer decided they didn’t want these tires after using them for only a few days after being installed brand-new.
It could be that the client didn’t appreciate the ride or simply decided they wanted something better. Be sure to ask what’s available, especially if you use a widely used tire size, as the tire shop will offer the replacement tires in either case at a discounted price.
Use All-Season Tires
You might have two sets of tires if you reside in a region where there is a lot of snowfall. In these areas, both summer and winter tires are commonly used. You spend much more money when you have two sets of tires, especially each time you need to have them changed.
Use all-season tires year-round if you aren’t actually driving in the snow. Although you won’t be able to get through deep snow with these, there’s no point in spending more money on unnecessary items. See if you can stick to using a single set all year long after weighing your options.
Frequently Asked Questions
How Much Does a Set of Four Tires Cost?
The cost of a set of four tires will vary depending on the size and type of tire, but the average cost is between $460 and $1,280. If you have smaller tires and decide to go with a cheaper option, you could pay below that range. On the other hand, you might pay close to $1,000 or more if you have larger wheels and want performance or touring tires. Remember that the installation of the tires is not included in these costs.
What is a Good Price to Pay for Tires?
The price of a tire is determined by a number of variables, but you can determine if you’re getting a good deal by comparing the average median price for tires of different sizes. The average cost of a tire for a 12- to 15-inch wheel is around $115. That jumps to a median price of $250 for 16-inch to 20-inch wheels, and a tire for a larger 18-inch to 26-inch wheel is likely to have a median price of $320.
Should I Replace All Four Tires at Once?
If you drive an all-wheel drive vehicle, you’ll probably need to replace all four tires at once. Otherwise, you risk causing drivetrain damage to the car. However, you have more choices with other types of vehicles. If one tire is damaged and the others still have a good amount of tread left, you can probably replace just that one tire. If you’re uncertain about your options, talk to a tire expert.
How Long Should Four Tires Last?
In general, tires should last about six years and travel between 36,000 and 75,000 miles if all four were replaced at once or if they were the vehicle’s first set. But factors like driving habits, maintenance, and climate can affect tire life. No tire should be used for more than 10 years, regardless of condition.
Summary: How Much Do Tires Cost?
The cost of a new tire can range. Cheap tires will typically cost between $50 and $150 each, mid-range tires will cost between $100 and $300 each, and luxury tires will cost between $300 and $1000 each.
If you have any questions, please leave a comment. KV Auto tries to give you the best car industry information. Thank you for reading.
