Skip to Content

Tire prices set to tip the scales

Text SizeAAA

Filed under: Bargains, Transportation, Economizer

If you're kicking around buying new tires, you'd better make up your mind quickly. That's because if you wait too long -- until January -- it can wind up costing you quite a bit extra.

A new 35% tariff on Chinese-made car and light truck tires being imposed by the Obama administration is forcing wholesalers to raise prices on tires sold to retailers, who are sure to pass that "extra" onto consumers. How much extra?

Some say even the most affordable tire will cost about $50 more. Brand name ones are expected to jump as much as $80 per tire.



Tires imported from China aren't the only ones going up. Domestic wheels like Goodyear and Michelin are also expected to get a price hike.

David E. Long of Heritage Tire Sales in Syracuse, N.Y. says many wholesalers and retailers are trying to stock up on pre-tariff tires in the hopes of saving themselves a headache -- and their customers some big bucks.

But that's becoming increasingly harder to do. Long says many importers stopped shipping tires in mid-August, in advance of the tariff.

"They feared they'd have tires stuck on ships because wholesalers would cancel their orders once the prices rose," he told WalletPop.

As a result, Long says distributors are quickly running out of tires at the 'old price' making it harder to find deals. So the "old prices" will only be available while supplies last.

If you're interested in transportation, you may like
these related sites for: Maps, Driving Directions, Travel, and Cars.
Subscribe to Walletpop

Reader Comments (Page 1 of 1)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Find Your Next Car

Find Your Next Car

AOL Autos New Cars and Used Cars
Eloise Returns to the Plaza Hotel
After a $450 million, three-year, lobby to roof renovation and restoration, the Plaza Hotel is ...
Readers' Choice Winners for Best in Food
Votes have been cast for Best Gourmet Grocer/Food Hall, Best Online Gourmet Goods, Best Cheese ...

Ask the Dolans

Have a question about the "Cash for Clunkers" program or any other personal finance subject? Ken & Daria Dolan are here to help.

Ask your own questions to the Dolans

Gina Roberts-Grey
Gina Roberts-Grey Filed under: Budgets, Credit, Debt

12-step help for shopaholics

It's pretty common knowledge that alcoholics, gamblers and drug addicts have support groups and 12-step programs to keep them on the wagon. But did you know there are similar groups for compulsive ...
Julia Scott
Julia Scott Filed under: Bargain Babe

$100 off on 3-night hotel booking

Get $100 off when you book a 3-night hotel stay through Travelocity and pay with your American Express card. Your total must be at least $500 to get the $100 off the hotel stay -- so that's as much as ...
Mitch Lipka
Mitch Lipka Filed under: Fraud, Identity Theft, Consumer Ally

H1N1 scam spreading like the disease itself; CDC issues warning

Scammers are now capitalizing on fear of H1N1 (swine) flu and the limited availability of the vaccine to steal people's personal information. The U.S. Centers for Disease Control and Prevention ...
Bonnie McCarthy
Bonnie McCarthy Filed under: Kids and Money

U.S. toymakers dream of a red, white and blue holiday

Santa's sleigh may be sporting American plates this year as new rules governing toy safety continue to provide a boon for U.S. toy makers. When more than 21 million toys made in China were recalled in ...

Most Popular Car Makers



Headlines from WalletPop Partners