Why Tire Prices Are Rising

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  • Опубліковано 14 січ 2025

КОМЕНТАРІ • 1 тис.

  • @ericcarabetta1161
    @ericcarabetta1161 3 роки тому +729

    Lol, sports car tires "up to $190". More like _start_ at $190.

    • @Connor_Herman
      @Connor_Herman 3 роки тому +45

      No kidding, Michelin Pilot Sport 4S are $337 each and Michelin Pilot Alpin PA4s are $395 each.

    • @marcoantoniomirandar
      @marcoantoniomirandar 3 роки тому +14

      yup, when I saw that i was thinking they must be talking about bulk merchant cost lol

    • @avocadogaming3942
      @avocadogaming3942 3 роки тому +14

      Needed 35in All terrain tires for my truck. KO2's $280 each. :(

    • @jimbohalsey8374
      @jimbohalsey8374 3 роки тому +6

      Those are all cheapo. Try lifting your truck and putting huge 40 inch tire like I had. Around $600 each tire. Fogit about it with the tractor tires they put in trucks

    • @ericcarabetta1161
      @ericcarabetta1161 3 роки тому +15

      @@jimbohalsey8374 , fortunately average people don't need those kinds of specialty tires on their Honda.

  • @matthewbestdfghy
    @matthewbestdfghy 3 роки тому +736

    The cost of everything is going up except wages.

    • @alexalexy1809
      @alexalexy1809 3 роки тому +24

      Yup, more gap between rich and poor

    • @matthewbestdfghy
      @matthewbestdfghy 3 роки тому +7

      @PrivacyPlease I actually kept my old car until the unibody completely rusted out and it was no longer viable to repair it. I bought new cars only because used cars in my area were almost expensive as new cars and they had high mileage on them way more than I put on my cars.

    • @MoonLiteNite
      @MoonLiteNite 3 роки тому +5

      @@alexalexy1809 Stop comparing people to people. Look at how many less poor people there are now. Heck just 20 years ago there was over 1bil more poor people in the world than there are now..

    • @sunnohh
      @sunnohh 3 роки тому +5

      @@MoonLiteNite sure but if you wanna play that game look at how many more americans and other rich countries have vastly increasing poor populations since lets call it “the late 1970’s”

    • @sanzen1234
      @sanzen1234 3 роки тому +10

      @@alexalexy1809 when will government come in and regulate tech companies. They started charging $2.99 for gmail and $40 for Microsoft excel per month. These companies use our data and information as a commodity and sell it to the highest bidder. Then turn around and charge us for using their platform. Time we get paid for our information.

  • @Stretch501st
    @Stretch501st 3 роки тому +616

    To save 11 minutes of your life...
    More people own SUVs/Trucks. Sedans with smaller wheels aren’t as popular anymore.
    More material needed for bigger tires, so larger cost.
    Pretty simple

    • @TheBooban
      @TheBooban 3 роки тому +28

      Thats all? I thought rubber trees were declining. Disease in South America and palm oil is SE Asia.

    • @investigativejournalism8393
      @investigativejournalism8393 3 роки тому +9

      Thanks for this info

    • @darthmaul216
      @darthmaul216 3 роки тому +27

      @@TheBooban I’m pretty sure tires are made out of a synthetic rubber made from oil

    • @Stretch501st
      @Stretch501st 3 роки тому +24

      @@TheBooban rubber trees aren’t used anymore. Synthetic is stronger and cheaper.

    • @Stretch501st
      @Stretch501st 3 роки тому +7

      @@TheBooban thats why farmers switching to palm as rubber isnt profitable anymore.

  • @werock2785
    @werock2785 3 роки тому +80

    Me when I bought my car: I'm gonna get the 19 inch wheel option because thats gonna look awesome!
    Me when it was time to replace my tire: What the hell was I thinking?!

    • @mikecarr9849
      @mikecarr9849 3 роки тому +4

      Drones do not think.

    • @ft9kop
      @ft9kop 3 роки тому +7

      And pot holes causing sidewall damage every year 😀

    • @siclmn
      @siclmn 3 роки тому

      Uh give me the big wheel option. Curb rash? What is curb rash? Can they fix it at the car wash? Ride quality? I just want it to look cool.

    • @werock2785
      @werock2785 3 роки тому

      @@siclmn I've yet to get curb rash, and my suspension is good enough that I don't have to worry about it.

    • @ShainAndrews
      @ShainAndrews 3 роки тому +2

      Or the first pot hole, or road hazzard you hit... and you have to buy a new rim and tire.

  • @djp1234
    @djp1234 3 роки тому +184

    And most truck/SUV drivers only drive on pavement and parking lots. No point in getting an off-road vehicle for your trips to Walmart.

    • @darthmaul216
      @darthmaul216 3 роки тому +13

      So true

    • @duancoviero9759
      @duancoviero9759 3 роки тому +40

      Very true but guys with MAGA trucks just have to look cool.

    • @CGoffgrid
      @CGoffgrid 3 роки тому +1

      The tires are bigger, doesn't matter if they are street tires or mud grips. I run mud grips now, they were only $163, been pretty good so far.

    • @gatewaysolo104
      @gatewaysolo104 3 роки тому +26

      @@duancoviero9759 i know lots of democrats who buy mall crawler trucks. It's quite baffling.

    • @GroundbreakGames
      @GroundbreakGames 3 роки тому +1

      Apparently you've never lived anywhere it snows.

  • @SnehPatel96
    @SnehPatel96 3 роки тому +295

    The word you’re looking for is “Inflation”

    • @charlesvevo1443
      @charlesvevo1443 3 роки тому +12

      I knew someone was gonna say it 🤣

    • @tonyperez2204
      @tonyperez2204 3 роки тому +1

      No!!,scam!!!

    • @rayhans7887
      @rayhans7887 3 роки тому +1

      Scam

    • @sccanj
      @sccanj 3 роки тому +6

      Artificial Inflation, a post pandemic working from home and jobless world where people don’t travel is deflationary

    • @charlesvevo1443
      @charlesvevo1443 3 роки тому +9

      @@sccanj The joke is because tires need to be inflated...

  • @Kenny-qo5tz
    @Kenny-qo5tz 3 роки тому +316

    Maybe Because everything is rising in price.

    • @Saviliana
      @Saviliana 3 роки тому +22

      More like it was due to US print so much money, the concept of money had devalued so much it now worth nothing.

    • @Stretch501st
      @Stretch501st 3 роки тому +18

      Inflation has not risen as expected, despite printing more money than ever. Stock market has been responding accordingly.
      The Feds going to keep interest rates very low, is another good indication that inflation isn’t happening.

    • @Mason-dq7cf
      @Mason-dq7cf 3 роки тому +26

      @@Stretch501st wait 5 years and tell me that

    • @acommentator69
      @acommentator69 3 роки тому +3

      Inflation

    • @Stretch501st
      @Stretch501st 3 роки тому +5

      @@Mason-dq7cf that is possible but I am talking about today.

  • @RichardFermion
    @RichardFermion 3 роки тому +79

    As a car enthusiast I knew most of this, but the history bit in the beginning was really interesting and great to learn!

    • @geraldg3130
      @geraldg3130 3 роки тому +1

      YUP no need to watch past the 5 minute point.

    • @BewareTheLilyOfTheValley
      @BewareTheLilyOfTheValley 3 роки тому

      Yeah, I had no idea Bridgestone was a Japanese company! Pretty cool.

  • @chaitanyashinde4989
    @chaitanyashinde4989 3 роки тому +64

    Why tire prices are rising?
    Cnbc: 13.7 Billion years ago when Big Bang happened...... blah blah blah.

    • @podamis314
      @podamis314 3 роки тому +1

      Your snarky remark confused me for a minute, then the light came on. Thank you

    • @BluePalmetto
      @BluePalmetto 8 місяців тому +1

      I enjoy how they explain the beginning of the entire industry but this still made me laugh.

  • @albertocastillo4572
    @albertocastillo4572 3 роки тому +42

    as Run DMC said "Bills rise higher every day
    We receive much lower pay"

    • @noezito8
      @noezito8 3 роки тому +2

      I’d rather stay young go out and play
      It’s like that, and that’s the way it is

    • @mohammadmursalin6817
      @mohammadmursalin6817 3 роки тому

      Thank the Jeffrey Epsteins and Peter Goldbergs for that. And you know who THEY are don't you?

  • @sanzen1234
    @sanzen1234 3 роки тому +12

    I own a tire wholesale business. We sell around 60k tires annually. Tires have gone through 4 price increases all interesting enough after each relief bill. We are paying close to a 50% increase today in pricing. It is less fortunate considering I have lowered significantly our mark up to ensure customers can even afford tires.

    • @enigma194
      @enigma194 3 роки тому +1

      Government is too focused on healthcare costs, meanwhile life becomes expensive for the sick and healthy alike😑

    • @l0gic23
      @l0gic23 3 роки тому +2

      Thanks for this comment. How do we buy from you if in your area?

    • @sanzen1234
      @sanzen1234 3 роки тому +2

      @@l0gic23 I'm in Las Vegas
      I don't ship but anyone in the area is welcome to come in.
      Scw tire 3410 bunkerhill North Las vegas 89032

    • @harveyacosta4765
      @harveyacosta4765 3 роки тому

      Where can I find your business page.

  • @fistofdragony3213
    @fistofdragony3213 3 роки тому +94

    wow,people buy bigger tires, bigger tires cost more to produce. thank you, i don´t get how you made a 12 minute video out of that.

    • @TheBooban
      @TheBooban 3 роки тому +5

      I was waiting for him to talk about no more rubber trees.

    • @Ryan2022
      @Ryan2022 3 роки тому +5

      @@TheBooban The idea the tires are still made from rubber trees is so funny. They are made from petroleum

    • @bradkeller4841
      @bradkeller4841 3 роки тому +3

      I'll show you, just watch all the cnbc videos. Everyone is "why something is more something " and the only explanation they ever give shows no innovative hidden reason.

    • @AdamSmith-gs2dv
      @AdamSmith-gs2dv 3 роки тому +1

      @@Ryan2022 They actually still have to use a small amount of natural rubber to give the tires better traction. Still yes modern tires are mostly petroleum based

    • @Ryan2022
      @Ryan2022 3 роки тому

      @@AdamSmith-gs2dv you are correct.

  • @gatewaysolo104
    @gatewaysolo104 3 роки тому +56

    Good year tires are "premium" tires? Car enthusiasts call them bad years. Michellin is really the only premium brand out there and they cost significantly more.

    • @mauricioibarra701
      @mauricioibarra701 3 роки тому +3

      Michelin are trash. They weather crack within a year.

    • @Daruosh666
      @Daruosh666 3 роки тому +13

      You are joking mate Michelin is the best by far

    • @drw1926
      @drw1926 3 роки тому +1

      @@mauricioibarra701 Not to mention they wear out the fastest.

    • @matthewbestdfghy
      @matthewbestdfghy 3 роки тому +1

      @@mauricioibarra701 I have had them on my Chevy Sonic for over 2 years I actually got a very good deal on them. It all depends on how you drive on them and road conditions.

    • @Nalopotato
      @Nalopotato 3 роки тому

      Michelin and Pirelli

  • @matthewbanta3240
    @matthewbanta3240 3 роки тому +23

    People love giant rims with smaller sidewalls. You do get some improved performance from those, but the vast majority of consumers won't notice. Their main advantage is that people think they look cool. They will also produce a rougher ride, the tires are more expensive, and it is more likely that you will damage the rims which are also much more expensive. Personally, I think giant rims and small sidewalls are a fad, but then again nobody seems to agree with me on that. They are a cheap and easy way for automakers to make their cars look more sporty and expensive.

    • @carrsllccarrillo6507
      @carrsllccarrillo6507 3 роки тому

      I concur to your analysis and to me it's stupid as to why auto manufacturers went this route other then for "curb" appeal...pun intended. I use to work for a shop where we not only replaced the tires but the damaged rims from pot hole damage in the great rust belt state of Illinois. It use to be the norm of 14" 15" and at the highest 16" wheels. Now they are anywhere between 18" to 22" and that's ridiculous!
      I've seen more vehicles with blown tires pulled over to the side of the road more then ever! All because these low profile tires are "expected" to not only withstand these heavier vehicle load capacity but also passager occupancy.
      Then you wonder why customers complain so much as to why tires cost so much! .. buy anything cheaper then what is recommended and that's just going to be a double edge sword for future problems!

    • @TJW68
      @TJW68 3 роки тому

      @@carrsllccarrillo6507 The first winter after I buy a new car, I buy a set of lightweight rims in the smallest size that will fit over the brakes for my winter tires. Once the o.e.m. tires wear out, I replace them with tires that fit my smaller rims. Less weight, better gas mileage, better ride

    • @carrsllccarrillo6507
      @carrsllccarrillo6507 3 роки тому

      @@TJW68 that's a good way of doing it and I'm sure that helps economy. Even though larger wheels are mostly aluminum, the sheer size of them creates more weight, per wheel! The additional circumference creates an area of rotational drag at speeds. As for another good way to maximize tire life is to buy 2 seperate set of rims and tires. (That is if you live in the cold climate states)
      I own an ol' S10 pick up, the original rims are 15" x 7" , which I mounted winter tires on. My all season tires are mounted on 16"x 8". True this may change the speedometer reading (ever so slight) but after 4 years of switching from the changing seasons, my tread dept on both of them are still great!

    • @Argedis
      @Argedis 3 роки тому +1

      @@carrsllccarrillo6507 The video did not explain why low profile tires are so expensive. I also own an older pickup - a 2001 Tacoma with 15" wheels. I literally just bought a set of (235/75R15) All Terrain Goodyears for $83 Each even though the tires are 29" Tall and 9.3" Wide simply because the truck has 15" wheels. The tires are huge with WAY more rubber than sedan tires or even low profile SUV tires but cost half as much.

    • @carrsllccarrillo6507
      @carrsllccarrillo6507 3 роки тому

      @@Argedis I understand where your coming from. Your are right that this video did not elaborate as to why low profile tires are more expensive but they did point out some factors as to why they are though...
      Here a few things I would expand upon the expense... When you look at a tire there a variables into its construction alot of it has to do with the 'quality' of the construction. Different materials being utilized definately increases prices. As to low profile tires, they have alot more going on and therefore would have to withstand more then say our taller 15" tires, does. For low profile tires. There isn't alot of 'spring' action that can take place when on the road. Our 15"s can take alot more force because of the sidewall action that's available giving us that cushier ride. The low profiles are more tightly woven which requires more materials for construction and reflects on the cost as well. Then you got load ratings and since these vehicles are getting heavier and heavier (quite the opposite from what I was told 20 years ago in college), these low profile tires have to withstand more weight as well. Then you got tire temperature, they need to withstand heat even more then our 15". There is alot more heat being generated from the friction being created from the rotational movement of these 'oversized' tires. The the air that's within the tire is also creating forces which can affect the circumference of the tire area while its rotating as well. Which means it needs to maintain it's integrity under every stress load. Then you got added polymers to create that quiet ride, to reduce tire noise. Then there is specific tread designs, directional tires, and speed ratings are some of the additional factors that can affect the cost. Hope that helps.

  • @rbd5868
    @rbd5868 3 роки тому +19

    Watching this video while working for Pirelli, lol

    • @johnl.7754
      @johnl.7754 3 роки тому

      So do you think there’s a quality difference between the tiers of tires?

    • @Lucky8s
      @Lucky8s 3 роки тому

      Do you get an employee discount?

    • @Caribbeanminds
      @Caribbeanminds 3 роки тому

      Any discount?

    • @rbd5868
      @rbd5868 3 роки тому +1

      No, I'm still a peasant intern

    • @rbd5868
      @rbd5868 3 роки тому

      @@johnl.7754 pirelli has moved up only to premium kinda of quality, for example we don't produce tyres for small city car like fiat 500 anymore. We focus on more expensive stuff, so I'd say yes

  • @Rod-bp8ow
    @Rod-bp8ow 8 місяців тому +1

    The costs of tires are as reconciled in some countries, since the suppliers opted to have their raw materials stable and easily sourced from its distributors, efficient standards in warehousing and manufacturing, coordination from the recycling centers of rubber, sorting centers that are also certified by the Private and public sectors, transport sectors and industries respectively.

  • @JerryDLTN
    @JerryDLTN 3 роки тому +4

    Crude oil on 10/30/2020: $35.79/bbl
    Crude oil on 03/15/2021: $64.97/bbl +81.5%

  • @carstars
    @carstars 3 роки тому +2

    I purchased my last pair of tires online last month and had installed by auto service chain. Saved about 20% over going to a dealer. Never again going to local dealer who just upsell and overcharge.

    • @Lucky8s
      @Lucky8s 3 роки тому

      Car tires are the last thing you want to buy from a dealer.

  • @MillionaireMindsetClub
    @MillionaireMindsetClub 3 роки тому +30

    Costco has the best deals on tires.

    • @gurmeharbajwa6020
      @gurmeharbajwa6020 3 роки тому +2

      Yes and no...Costco will charge $350 per tire for a set that you can get from America’s tire for $290 each

    • @wreckingopossum
      @wreckingopossum 3 роки тому

      Disagree
      I think Discount Tire has the best deal on tires once insurance and service is factored in

    • @aidenw207
      @aidenw207 3 роки тому

      They tires are legit too, they last really long. Great bands at deep discounts.

    • @kingstontown7362
      @kingstontown7362 3 роки тому

      Tyres

    • @nickns732
      @nickns732 3 роки тому

      *Costco has great deals on expensive brand tires.
      They don’t sell less expensive brands.

  • @mateoserranovaldivieso5830
    @mateoserranovaldivieso5830 3 роки тому +29

    A car with cheap chinese tires is a fast way to die

    • @Puarai
      @Puarai 3 роки тому

      I appreciate this joke

    • @ScrubLordJenkins
      @ScrubLordJenkins 3 роки тому +2

      @@Puarai it's not really a joke though lol

  • @Mrbfgray
    @Mrbfgray 3 роки тому +4

    Tires are far cheaper today then when I started buying in the early 1980's, adjusted for inflation, quality and longevity. They have advanced fantastically in recent decades too.

  • @tingokuman
    @tingokuman 3 роки тому +5

    I miss the 80 - 90s when all cars used 13-16" tires. A full set of tires were $140 installed. I paid $1900 for a set of tires on my Challenger at 45k miles🤦🏾‍♂️🤦🏾‍♂️.

    • @Nicholas-f5
      @Nicholas-f5 3 роки тому +2

      16 inch are $140 a set still used

  • @social3ngin33rin
    @social3ngin33rin 3 роки тому +9

    I had to check when this video was released when I saw Sears mentioned lol

  • @Quantumflame137
    @Quantumflame137 3 роки тому +4

    OMG I love these videos. Can't get enough
    So informative

  • @dazaspc
    @dazaspc 3 роки тому +11

    Tire pricing is a scam. Tires take approximately the same time to make weight for weight, regardless of width or diameter and cost the same by weight as well. However they do increase by the same amount inch by inch wheel diameter wise. The same tire in a 17" with the same width, outside diameter and load rating as a 19" will be roughly $50 more expensive even though it uses less material, is lighter and easier to ship.

    • @rkky2005
      @rkky2005 3 роки тому

      You have to add costs such as storage on shelves, transportation (weight & size). Thus the higher price

    • @dazaspc
      @dazaspc 3 роки тому +1

      @@rkky2005 Yes but it is the same for both standard profile and the low profile. They take the same space up because the outside diameter is the same as is the width. Yet the tire with less rubber can be %50 more?

    • @Argedis
      @Argedis 3 роки тому +1

      Yes I was hoping they would explain why low profile tires are way more expensive but they never explained it.

  • @jasonmurdoch9936
    @jasonmurdoch9936 3 роки тому +8

    Tire prices have been going up for the last couple of years at least at least what I've noticed

  • @paschadoudou
    @paschadoudou 3 роки тому +36

    Short answer: because Canadian Tire ™️ shrunk their dedicated tire section.

    • @2drealms196
      @2drealms196 3 роки тому +3

      Blame Canada! - South Park

    • @raybin6873
      @raybin6873 3 роки тому +2

      Canadians use tires? I thought dogsleds were mode of transportation up yonder.
      😁

    • @jordanabendroth6458
      @jordanabendroth6458 3 роки тому

      @@raybin6873 nope, they ride moose to work, not dogsleds

  • @mariusghemis4255
    @mariusghemis4255 3 роки тому +5

    I love this kind of shows/reports/investigations you guys do (i don't know how to call it). They are very informational.

  • @thomaswalton8605
    @thomaswalton8605 3 роки тому +24

    God I would love to pay $200 a tire. The tires I typically buy run $350 CAD ($280 USD) each

    • @marcoantoniomirandar
      @marcoantoniomirandar 3 роки тому

      the prices they gave are not accurate at all. they must be looking at bulk merchant cost

    • @Vivek-zw3ex
      @Vivek-zw3ex 3 роки тому +3

      @@marcoantoniomirandar are these tyres made of gold or something? I bought Michelin tyres for my Mini Cooper for £80 each last year - that is about 110 USD. And that is inclusive of 20% UK VAT and the fitting cost!

    • @reyperez3424
      @reyperez3424 3 роки тому

      @@Vivek-zw3ex
      $1600 for 4 Michelin tires for a X5 2011

    • @andreyv116
      @andreyv116 3 роки тому

      Are they sport crossover tires or off road tires or what

    • @thomaswalton8605
      @thomaswalton8605 3 роки тому

      @@andreyv116 BFG KO2 265/75/16 E load so nothing to crazy. I complain, but at the same time they are 100% worth it. Best tires I have ever purchased

  • @mcmagiccracker
    @mcmagiccracker 3 роки тому +3

    So you're telling me that tires are subject to... inflation.

  • @dankestvonmemen76288
    @dankestvonmemen76288 3 роки тому +4

    i was told yesterday that to replace all of my worn tires would cost 380 for each tire. i was confused and asked if it came with rims too......he said no.

  • @rd9102
    @rd9102 3 роки тому +21

    Shhh don't tell anyone but the Dollar has been devalued and continues to be devalued...thus things are more expensive.

    • @cnbctelevision3772
      @cnbctelevision3772 3 роки тому

      Appreciate your review,do you experience difficulty Trading?Textme±1•7•8•6•5•6•5•4•8•2•1 🇺🇲🇺🇲

    • @dustinhiggins710
      @dustinhiggins710 3 роки тому +2

      It's lost so much purchasing power. America is really struggling these days.

    • @rd9102
      @rd9102 3 роки тому

      @@dustinhiggins710 Only if you don't take the time and learn how to keep up your purchasing power. But yes i am sure the greater population that is more concerned with Kim and Kanye's marriage is clueless about the reality of why they struggle.

  • @kenoday7562
    @kenoday7562 3 роки тому +3

    At 9:15 you erroneously fault Firestone's reason for being responsible for the Explorer fiasco as defective tires. It wasn't so. I was selling tires at the time and I remember the recommended air pressures for the Explorer being at 29 psi front and rear. The average American tire is 20% underinflated, so at 26 psi, there simply was NO WAY these tires could function on the Explorer. They were OVERLOADED.. This resulted in those tires running at higher temperatures than they should have been. The tires on the rear exhaust exit side were the number one tire to fail, because they were running with extremely high temperatures with the exhaust heat added. NONE of the failures happened to fully inflated tires. So how was this Firestone's fault? THEY REFUSED TO SAY NO TO FORD'S INFLATION RECOMMENDATION. The whole mess could have been avoided had Ford recommended 35 or even 32 psi as standard inflation pressure.

  • @podamis314
    @podamis314 3 роки тому +1

    50 years ago I recall ( check me on this) paying about $40 each for 15 inch tires. They typically lasted 15K miles and did not perform as well on corners as radials and did not do as well on wet roads. I think that todays price vs quality and endurance is remarkably good. Unfortunately it is borne on the lives of miserably treated rubber plantation workers and devastation of tropical forests and fauna.

  • @GroundbreakGames
    @GroundbreakGames 3 роки тому +5

    Tire prices are rising because the people who sell tires want to make more money.... How is this even news? What next "why the price of oil continues to rise."?

  • @P8860
    @P8860 3 роки тому +2

    Also when buying used tires make sure to check the expiration date. I got burned for $300 because I didn't check the date on them and no one could install them on for me due to tire failure risk.

  • @nicedurians
    @nicedurians 3 роки тому +4

    In my country e-commerce takes up 25% of market share. Change the tyre yourself and save around 25 usd per tyre. So 4 tyres is around 100 usd saved

    • @garykong7597
      @garykong7597 3 роки тому +1

      That’s assuming you can properly mount and balance it, and that $100 is spread out over years of driving, it’s not like you are buying a set of tires every year...

    • @henri6595
      @henri6595 3 роки тому

      It's cheaper and better to just pay someone to do it. If anything goes wrong blame the company who installed the tires. I could get all the equipment to mount and balance the tires myself but is it worth it?????

    • @jordanabendroth6458
      @jordanabendroth6458 3 роки тому

      @@henri6595 yeah, considering getting a good balancer that can unmount and mount tires is like 2 grand and it only costs about$60-80 for a full set of 4 to get them mounted and balanced. I will probably always just pay someone to do it for me

  • @litewavve
    @litewavve 3 роки тому +1

    When the US slapped 30% -100% tariff in 2020 on tires from South Korea, Taiwan, Thailand, and Vietnam (all of them are friendly trade partners and main suppliers of lower tier tires), you know that the US government is protecting the premium US brands at the expense of less market competitions and US consumers. It may also suggest that there may not be much difference between the premium brands and lower tier brands.

  • @georgef1176
    @georgef1176 3 роки тому +3

    The most important part of a car is tires, and so many car enthusiasts skimp out on them.

  • @goldwinger5434
    @goldwinger5434 3 роки тому +3

    I believe that I've only bought one set of tires by phone (pre-internet) because I found that after I paid shipping, mounting, and balancing that I was paying just as much for the tires as if I'd bought them locally. Also, I like to buy from national chains so that I can get them serviced under the road hazard protection plan if I have a problem while away from home.
    I'd like to support the small local shops but I haven't found one that offers a road hazard policy that can be honored in other cities.

  • @GodSEndOMG
    @GodSEndOMG 3 роки тому +12

    Oil prices rising thats why.

    • @krabes8613
      @krabes8613 3 роки тому +3

      Gee. Wonder who could be responsible for that

    • @recruit8921
      @recruit8921 3 роки тому +6

      @@krabes8613 dam you trump

    • @krabes8613
      @krabes8613 3 роки тому +2

      @@recruit8921 what?

    • @ph11p3540
      @ph11p3540 3 роки тому

      Actually oil is till plummeting in price for the last year. It's pretty devastating. CV19, and oversupply have ruined oil prices. If you live in an oil producing region you are very keenly aware of how the drop in prices is paralyzing whole regional economies.

    • @krabes8613
      @krabes8613 3 роки тому

      @@ph11p3540 Don’t change the fact that oil prices are rising

  • @mikecarr9849
    @mikecarr9849 3 роки тому +1

    In the 1970's tires lasted 10 to 20,000 miles . Pricier radials came on the market lasting longer. Todays tires last longer and are better.

    • @Ryan2022
      @Ryan2022 3 роки тому +1

      You are correct and cars are 100 times more reliable than the 70s as well but don’t tell that to this nostalgia crowd

  • @Edsavage404
    @Edsavage404 3 роки тому +4

    Wait until you hear how much a tyre on a semi costs

  • @ahmedsiddiquedalam4111
    @ahmedsiddiquedalam4111 3 роки тому +12

    The background music on this presentation is utterly a nuisance.

  • @gw7120
    @gw7120 3 роки тому +13

    Oil at 70 and rising , yea everything is going back up...

    • @johnl.7754
      @johnl.7754 3 роки тому +1

      I’m glad that I have it hedged with my oil etfs now.

    • @mowcowbell
      @mowcowbell 3 роки тому

      Yikes, glad I drive an electric car and only have to deal with increasing tire prices.

    • @craigcarter400
      @craigcarter400 3 роки тому

      I saw people writing buck fush in college due to afghan war.

  • @Mark-jd1jx
    @Mark-jd1jx 3 роки тому +4

    I still can get tires at Walmart for my 2010 Sienna for $90 per tire , and have been for a few years, though they wore out pretty fast, replaced my tires recently old ones were from 2019, went ahead with used better tires.

  • @nickwinn
    @nickwinn 3 роки тому +6

    I get excited when I can get my tires for under $300 per tire.

  • @samushunter0048
    @samushunter0048 3 роки тому +4

    Get those tires changes now before they go even higher in the summer months.

  • @clayc9221
    @clayc9221 3 роки тому +3

    Prices of everything is going to rise, not just tire prices.

  • @henrybyrd5402
    @henrybyrd5402 3 роки тому +1

    As an old 'un I can remember when tyre (correct spelling in the Uk) companies told us how safe and reliable their tyres were when they were crossply, half the size that they are today and had inner tubes. Then came tubeless tyres, Radial tyres, Directional tyres (what happened to them?). Wider tyres , Low profile tyres, Runflat tyres, Rain tyres, Summer tyres, Winter tyres blah blah. Now if you change a tyre after a few thousand miles you will find that your particular type of tyre isn't available any more because the manufacturer has "improved it." All I need is a tyre that will get me back and forth at average speeds on tarmac highways. I now buy budget tyres cos I don't believe all the bullsh*t propaganda spewed out by the premium tyre industry. As cheap as "budgets" are, they must be a darn sight better than the ones that I started driving on back in 1960.

  • @hephaestus6365
    @hephaestus6365 3 роки тому +4

    Because I'm due for tires soon. Don't worry, prices will drop after I get a set.

  • @porkfat5521
    @porkfat5521 3 роки тому +1

    For my Camry, it's Bridgestone only from now on. I put a set of Blizzak snowtires on last winter and I'm sold. I commute over a couple mountains then down to the highways. A FWD car can perform better than most people realize with a good set of summer and winter tires.

  • @fernando-sl7qm
    @fernando-sl7qm 3 роки тому +5

    Going to local store and getting quotes that are overpriced is why we look online

  • @matthewcaughey8898
    @matthewcaughey8898 3 роки тому +1

    So what happened to all that WW2 vintage research from the Germans? They were heavily into synthetic fuel and synthetic rubber research as their supply chain was heavily damaged

  • @NPJGlobal
    @NPJGlobal 3 роки тому +5

    I only trust Michelin for my tyres, never had an issue with that brand

    • @reyperez3424
      @reyperez3424 3 роки тому +1

      Me too
      Cooper , Michelin as #1
      #2 Yokohama G015
      #3 Firestone Indy 500 or Bridgestone
      Would never buy Goodyear , Falken and those Chinese brand tires

    • @Wrang15
      @Wrang15 3 роки тому +1

      I have never had them last longer then 4 years... after that my state inspection falls them for too much cracking of side walls. After 3 sets same thing never again.... set i have on my truck is now 5 years old.... i only drive the truck when it snows... so its parked in a garage all summer on jack stands.

    • @johndavolta3124
      @johndavolta3124 3 роки тому +1

      @@reyperez3424 GoodYear is an American brand

    • @Wrang15
      @Wrang15 3 роки тому

      @Vanezs Wilmer Wrangler DuraTrac LT tires from Goodyear. Not the P line of them If its really icy i put chains on too.

  • @princetandukar9290
    @princetandukar9290 3 роки тому +1

    The narrator and editing is soo good! Keep up the great reporting!!

  • @Striker50_
    @Striker50_ 3 роки тому +21

    Because *Inflation* 😂😂
    No, but seriously, the U.S. is facing serious inflation from all the new money printed 🖨️

    • @ultrasquall22
      @ultrasquall22 3 роки тому +1

      Boring research shows: SUVs are more popular than ever, they're big and need bigger tires which requires more material. As well as new tariffs on imports.
      Inflammatory internet armchair sleuth spreading disinformation using fear, who also didn't watch the video they're commenting on: Inflation cause we're printing money!

  • @Mladjasmilic
    @Mladjasmilic 3 роки тому +2

    I used to have Daewoo Lanos - 2000 mid size car with 13" tires. They costed $40 new each, fitting included.

    • @siclmn
      @siclmn 3 роки тому

      I had Datsun 510 $40 tires.

  • @fazormazor5458
    @fazormazor5458 3 роки тому +6

    I could smell the chemical tire essence in this video.

  • @easyenetwork2023
    @easyenetwork2023 3 роки тому +1

    If you buy a tire, get an all season tire with a 60,000 mile warranty and watch out if you have a car with low profile tires. Those are not that cheap really.

  • @btrdangerdan2010
    @btrdangerdan2010 3 роки тому +4

    Tires being expensive? Give me a break, I just paid for two Douglas 170/R13 tires at $37 each at Walmart earlier today!

    • @digitalrailroader
      @digitalrailroader 3 роки тому +2

      And here’s a little secret: those Douglas tires are actually manufactured by Goodyear, and General tires are manufactured by Continental.

    • @siclmn
      @siclmn 3 роки тому

      Many years ago I bought the cheapest brand name tires that were sold at Kmart. They lasted 12,000 miles. Never again. You always get what you paid for.

    • @jordanabendroth6458
      @jordanabendroth6458 3 роки тому +1

      Hardly anyone is buying a tire for a 13 inch wheel, the last 13 inch wheel l saw on a car was early 90s

    • @digitalrailroader
      @digitalrailroader 3 роки тому

      @@jordanabendroth6458 sad but true, most of the mainstream tires we see now are 16s, 17s, 18s, and 20s. You occasionally see 15s and 14s, and the rare 19s now and then, but 13s are pretty much nonexistent in my area.

  • @fernandopena1473
    @fernandopena1473 3 роки тому +2

    when they said $190 for a tire that gave me a good laugh considering i just spent 2k on 5 tires...

  • @xhuang101
    @xhuang101 3 роки тому +7

    7:29 Can you pronounce that name?

    • @brooklyn560
      @brooklyn560 3 роки тому

      He can’t pronounce that name

    • @multatuli1
      @multatuli1 3 роки тому

      It's pronounced Kowalski bro 😴

  • @wuerzelburg
    @wuerzelburg 3 роки тому +7

    Driving in Greek roads, I've tried in the last 20 years so far:
    Hancock, yokohama, yokohama, Michelin, Bridgestone, Michelin, Driving in Greek roads, I've tried in the last 20 years so far:
    Hancock, yokohama, yokohama, Michelin, Bridgestone, Michelin, Michelen
    Goodyear, Michelin.
    Result is that I will always choose Michelin. I'll never betray them again.
    Goodyear, Michelin.
    Result is that I will always choose Michelin. I'll never betray them again.

    • @Lucky8s
      @Lucky8s 3 роки тому

      Michelin is okay, Continental is better

    • @billybeemus3929
      @billybeemus3929 3 роки тому +2

      I have never regretted buying Michelin tires, but I have regretted NOT buying the Michelins and choosing something cheaper.

    • @wuerzelburg
      @wuerzelburg 3 роки тому

      @oti jeremy There is a lot of difference. I many brands after let's say 25.000km the tire has very limited grip. Like if it from nylon instead of rubber.

  • @ProudDad1976
    @ProudDad1976 3 роки тому +2

    These larger SUV's have larger rims making in many cases the use of the same amount of rubber. I drive a Cadillac 245/65 r19 and I just bought a new set of Michilans for $980. I would argue that my rim being a 19 inch it should not be that expensive.
    When you look at tread life comparing to even 10 years ago we are all getting screwed. An 80 thousand mile tire does not exist anymore (as far as I can find) with the Continental tires that the car came with wearing out at 30 thousand miles which is unexceptional but my new ones are only 60 thousand mile tires and they are not a sport tire.

    • @Argedis
      @Argedis 3 роки тому

      I just bought a set of All Terrain Goodyears for my Tacoma for $83 ea only because my truck has 15" wheels. The tires themselves are still massive at 29" Tall and 9.3" Wide (235/75R15). Your tires are 31.5" Tall and 9.6" wide so barely any bigger. My tires also have 6.9" of sidewall while yours have 6.3" so both tires have the same amount of rubber material. The video did not explain why lower profile tires are way more expensive.

    • @ProudDad1976
      @ProudDad1976 3 роки тому

      @@Argedis Right and that is kind of my point, you have much more rubber on your truck than I do on my car and yet mine are way overpriced. If you don't mind me asking, what tread life do you have? 60,000 miles? One more thing is your truck full-time four-wheel drive? I was told the first set of Continentals only lasted 30k because my car is all-wheel drive, I think yes but not too much right?

    • @Argedis
      @Argedis 3 роки тому

      @@ProudDad1976 The tires I got have a 55,000 mile warranty and a 580 Treadwear rating which is really good. My truck is only 2-wheel drive (I'm in Texas) so I can't answer your question if tires wear faster but I would assume so. Alignment and proper inflation help a lot though.

    • @podamis314
      @podamis314 3 роки тому +1

      The warranted miles do not correlate with the lifetime of the tires. The wear test value ranging from 200 to 800 does. The tire companies offered huge "warranties" that tapered down to a few dollars per tire at much lower mileage. It was a marketing hype that had very little value except to create the impression that the tires would last 80k.

  • @edos3783
    @edos3783 3 роки тому +4

    Oh tires now as well? I thought it was only coffee, gas, soybeans, corn, lumber, real-estate, healthcare and metals.. :/

    • @AvadaKedavra943
      @AvadaKedavra943 3 роки тому

      Soybeans? really? I thought the prices for things that China rejects due to trade war are going down by a lot.

    • @edos3783
      @edos3783 3 роки тому

      @@AvadaKedavra943 this doesn't matter as the price in usd hikes due to inflation

    • @AvadaKedavra943
      @AvadaKedavra943 3 роки тому

      @@edos3783 The FEDs are just printing way too much money

  • @BewareTheLilyOfTheValley
    @BewareTheLilyOfTheValley 3 роки тому +1

    The timing of this video is too perfect! My little brother needed a new tire for his car and at one location was told $70 (from a lesser-known brand, not sure which) and found that high. I instead said "That's cheap!"as I usually hear of about $100 apiece for tires, but that's usually if you buy all four together.

    • @turboredcart
      @turboredcart 3 роки тому

      Had you considered a used tire? I dont drive much- so a used tire might work for me

    • @BewareTheLilyOfTheValley
      @BewareTheLilyOfTheValley 3 роки тому

      @@turboredcart I think the tire was used and I too have bought used tires before. In fact, don't think I've ever bought new tires (usually haven't owned a car long enough to get to that point, lol)

  • @mishapopenuk7940
    @mishapopenuk7940 3 роки тому +22

    umm there is a word for prices going up .... what was that again .. the thing that never happens? oh ya inflation

    • @OM-el6oy
      @OM-el6oy 3 роки тому +5

      The cost of a single consumer good going up is not inflation. If that were the case then I could just cite the fact that the cost of computers is going down and prove that we have deflation.

    • @spacetoast7783
      @spacetoast7783 3 роки тому +1

      The thing that's lower than the rate at which tire prices are increasing? The thing that every economist in the world agrees happens and is a good thing?

    • @MrZozue
      @MrZozue 3 роки тому

      @@OM-el6oyyou probably don't know what a GPU is

    • @OM-el6oy
      @OM-el6oy 3 роки тому

      @@MrZozue the new, more expensive GPUs are also much better than the cheaper ones of years past. The fact of the matter is that you can buy a GPU with certain specs today at a much cheaper price than you would have been able to buy a GPU with those same specs 10 years ago. Therefore, GPUs, CPUs, computers, and all other consumer electronics have gotten much cheaper over the last 10 years.

  • @andyxfish
    @andyxfish 3 роки тому +1

    I got some tires from Walmart for $200. Best dang tires I've ever had.

  • @gurnoorsooch9930
    @gurnoorsooch9930 3 роки тому +4

    wtf is this guy talking about, the tires on my car cost 350 dollars each. (Michelin Pilot Sport 4S) The numbers for sports cars are off by a wide margin.

    • @camdened123456
      @camdened123456 3 роки тому

      It's probably dragged down by a lot of people who buy sports cars but don't know enough about them so install standard tyres

  • @karanmadan1048
    @karanmadan1048 3 роки тому +1

    Tyre pressure difference in each tyre make a tremendous uncomfort and loss while driving.

  • @werock2785
    @werock2785 3 роки тому +4

    What do EVs have to do with rising tire costs? You mentioned it but didn't elaborate.

    • @yemel20
      @yemel20 3 роки тому

      Evs use special tires well some do with tire foam inside which make the car cabin quieter which cost more to produce but you have the option to get different tires

  • @MP-zf7kg
    @MP-zf7kg 3 роки тому +2

    I have learned and now always replace the tires myself (mount/dismount).
    $100 off the cost for a set of 4.

    • @jordanabendroth6458
      @jordanabendroth6458 3 роки тому

      I'm trying to learn how to do more stuff to my car (like I will soon need new front brakes) but I think paying someone 60 bucks to mount and balance my tires is worth it to me

  • @raybin6873
    @raybin6873 3 роки тому +4

    I just bought new tires today - glad I got them now - pretty certain prices are going jump....at least I'm good for ~5 years or so..(I don't drive much anymore - got to where I hate driving because lots of arrogant drivers - no courtesy /don't dim bright lights etc).

  • @nunyadambusiness3530
    @nunyadambusiness3530 3 роки тому +2

    I had all 4 of my tires replaced cause they had over 50K miles on it, and it costed me $419! 6 years ago it only costed me $189 ;-;

  • @user-ow4ke2cv4b
    @user-ow4ke2cv4b 3 роки тому +24

    People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin

    • @davidrudger8691
      @davidrudger8691 3 роки тому

      BITCOIN: IS THE ONLY TRUE DEMOCRACY EVER EXISTS IN THE WORLD

    • @smithlopez7769
      @smithlopez7769 3 роки тому

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      @coinbureau3224 3 роки тому

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      @annahelen8188 3 роки тому

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      @margaretsusanne2799 3 роки тому

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  • @MacSaab93
    @MacSaab93 3 роки тому +2

    Literally just spent $850 today to install new Yokohama tires on my crossover. That was with a buy 3, get 1 for $1 promotion too.

    • @Ryan2022
      @Ryan2022 3 роки тому

      Spent $849 for Michelin’s on a RAV4. The previous owner had replaced the worn out originals it came with with a brand called federal tires. They had plenty of tread on them still and they are the worst tire I’ve ever driven on

    • @henri6595
      @henri6595 3 роки тому

      Sounds about right with a set of 4 new tires at today's prices. My sedan cost $650~ for new tires 🤬

  • @nofurtherwest3474
    @nofurtherwest3474 3 роки тому +7

    I don't want to watch a 12 min video to get the answer to why tire prices are rising. Just give me the damn answer.

  • @CamKrazy2000
    @CamKrazy2000 3 роки тому +2

    I'm not sure Yokohama belongs in Tier 2 brands. I've been a Toyota tech for 23 years and at least on Toyotas, Yokohama tires are as common as the other Japanese tires such Bridgestone. And they're a lot more common than Goodyears. In my experience they're equal to Bridgestone tires and they don't cost as much. I personally never buy Bridgestone tires. Not because they're bad tires but if you're gonna spend that much on a set of tires, you may as well get Michelins.

  • @dallasryder8125
    @dallasryder8125 3 роки тому +10

    “The SUV”
    *Shows a Volkswagen crossover*

  • @clover7359
    @clover7359 3 роки тому

    0:30 is that Seward Highway?

  • @KingInTheSoutha
    @KingInTheSoutha 3 роки тому +3

    This is how far down the UA-cam rabbit hole 🐇 I am

  • @crub4906
    @crub4906 3 роки тому +1

    Evolution of UA-cam Ads.
    2010: No ads.
    2015: Skip ads.
    2018: Skip ads after 5 seconds.
    2020: Video will play after ads.
    2030: Video may play
    2040: Video unavailable, watch ads.
    2050: UA-cam renames AdTube".

  • @AgentSmith911
    @AgentSmith911 3 роки тому +6

    The EVs with high power such as the Model S use up tires twice as fast as gas cars as they've got a lot of torque and all torque available from 1 RPM.

    • @enigma194
      @enigma194 3 роки тому

      So save on fuel and spend on tyres? Ugh🤦‍♀️

  • @wildmanofthewynooch7028
    @wildmanofthewynooch7028 3 роки тому +1

    The devaluation of the US Dollar causing the rise in price.

  • @theluckofone1462
    @theluckofone1462 3 роки тому +6

    Especially if you have a electric car, they wear down so fast due to the weight

  • @svettnabb
    @svettnabb 3 роки тому

    Nokian is not sold in the USA?

  • @FurthermoreJack
    @FurthermoreJack 3 роки тому +3

    An Oldsmobile Cutlass from the 80's was a smoother ride then every SUV on the road

  • @Hanibul_Lecktor
    @Hanibul_Lecktor 3 роки тому +1

    Cheap tires prices are rising, quality tires like Michelin, Goodyear etc are not affected in the slightest. Don't buy cheap knock off tires anyways.

  • @thisisntsergio1352
    @thisisntsergio1352 3 роки тому +3

    This guy seriously needs a new microphone

    • @CCscott
      @CCscott 3 роки тому

      I resent those allegations! Harassment will not be tolerated.

    • @thisisntsergio1352
      @thisisntsergio1352 3 роки тому

      @@CCscott I love watching this reporter's videos and I have seen at least 5-6 of them. That's why I'm saying he needs a new mic.

    • @CCscott
      @CCscott 3 роки тому

      @@thisisntsergio1352 It’s all good, Sergio. I’m just messing with you. 😆

    • @thisisntsergio1352
      @thisisntsergio1352 3 роки тому

      @@CCscott oh lol

  • @graham1034
    @graham1034 3 роки тому +2

    The overall tire industry is also becoming less profitable over time. Tires keep lasting longer, to the point where they can last the life of a car and margins are lowest on new cars. The industry is incredibly competitive and with site like Amazon and TireRack is only becoming more so

    • @ryans413
      @ryans413 Рік тому

      I was able to get a tire that was 70 dollars x4 about 280 and then 100 dollars in labour 380 out the door I was laughing those tires lasted 7 years before they started to dry rot. That was in 2016 just got new tires and I paid close to 500 ridiculous. Plus I find tire shops have less stock to wasn’t much to choose from for my car but there were a crap ton for SUVs and Trucks so annoying.

  • @dahveed284
    @dahveed284 3 роки тому +4

    Tires are a critically important part of your vehicle. While your engine makes you go, the brakes make you stop, and the steering makes you turn, tires are involved with all of those events. The largest motor on the planet would NOT do you any good if your tires don't stick well to the pavement. The best brakes mean nothing if your tires lose traction. Same with steering inputs.
    In other words, don't buy the cheapest tires you can find. Buy the best you can afford.

  • @evrenerakcora3432
    @evrenerakcora3432 3 роки тому +1

    good video, thank you.

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    @browningrealms6331 3 роки тому +9

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      @enrikshyti7165 3 роки тому

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      @lewiscapaldi8593 3 роки тому

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      @tylersantos4871 3 роки тому

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      @ralphmartinez8847 3 роки тому

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      @haroldarmstrong2146 3 роки тому

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  • @liko098
    @liko098 3 роки тому +1

    I am surprised Firestone is tier 2. I bought some MIchelin high end, and they didn't last. I am still rocking the stock tires that came on my car Firestone and they are still running strong. Stronger than Michelin. This tire cost are going insane a friend of mine spent like $800 on a set of 4 new tires and thats just insane...

    • @usadaytrader
      @usadaytrader 3 роки тому

      Michelin is hype. Probably because Costco carries them

  • @nagasako7
    @nagasako7 3 роки тому +8

    CNBC: Does inflation exist? Huur

  • @katlegotloubatla5880
    @katlegotloubatla5880 3 роки тому

    Which tier is continental tires ?

    • @Ryan2022
      @Ryan2022 3 роки тому +1

      They are 1st tier along with Michelin, Goodyear and Bridgestone.

  • @acommentator69
    @acommentator69 3 роки тому +4

    SIMPLE REASON: THEY CAN RAISE PRICES, SO THEY WILL

    • @bobroberts2371
      @bobroberts2371 3 роки тому

      Who is " They " ? If you have a job, do you ever want to be paid more? This is why $ goes up. Learn how the world works otherwise you are going to continue to blame others and struggle for the rest of your life. Also, when comparing $, use the CPI Calculator where you type in the year and $ then the year you want to convert the $ to. Not everything has gone up in price when $ is equalized.

    • @acommentator69
      @acommentator69 3 роки тому +2

      @@bobroberts2371 "they" is the tire manufacturers. Please don't tell me for a second that they are not getting additional profit from raising prices.

    • @duancoviero9759
      @duancoviero9759 3 роки тому +1

      @@bobroberts2371 you can just STFU with your condescending reply. A manufacturer will gladly raise the prices to make more especially in a high demand environment. You don't know it all dude 🤔

    • @bobroberts2371
      @bobroberts2371 3 роки тому

      @@duancoviero9759 And if a company hired you to do a job that was in demand, would you gladly accept a wage that was below the going rate?

  • @frankdelucey2137
    @frankdelucey2137 3 роки тому

    My truck tires cost $800+ taxs, disposal fees, balancing, and I get new stems. (I don't have tire pressure sensors) Now that being said I always get 5 tires as I rotate my spare tire in every month and always check my tire pressure.

  • @Gonzo_Bubb
    @Gonzo_Bubb 3 роки тому +3

    14" tires checking in lol