Well, the summer heat is here!
Old tires do not react well to the heat of summer, and with the weather getting hotter each year older tires have a higher chance of blow-outs and sudden decompression. Even if there is a lot of tread left on your tires, as they age they start to dry crack; at a certain point, especially as temperatures rise, the tire has a higher and higher chance of blowing out.
Save Money - Buy Tires Now!!
The other factor operating this year is inflation - rubber prices are going up, and that is already driving tire prices higher, and it is going to get worse as the year goes on.
Depending on the size of your tire, the increase in prices may not be too bad, but higher performance tires and larger mud & All Terrains like the one pictured above have already seen an appreciable price jump (on some models as much as 25% in increased cost to us).
So if your tires are getting close to the end of their life it may be best to get your next set of tires now rather than later - hopefully prices will stabilize and return to normal, but in the tire industry (as with many others) once prices rise because of material costs, they rarely go back down.
Oil prices are hovering right around $75 dollars a barrel now, and it was spikes in oil that drove tire prices up the last time in the mid 2000's.
Aggravating things a bit more are the supply chain troubles that we have been experiencing from the COVID pandemic in 2020; some of those issues are ongoing, not just in tires but in wheels, musical and electronic gear and many other items.
Part of that, especially in the auto industry, is increased demand in tires as more people are suddenly going on vacations and driving more miles for business. This increase in demand, along with the other factors, will make price increases on tires throughout this year more likely than not.
So if you are getting close to that point, you may want to purchase sooner rather than later - your pocket book will end up thanking you!
Go to your local tire store in Maiden NC or wherever you live and have your tires checked for wear or dry cracking; tires have already gone up this year, but they will continue to do so. Now is the time to get a quote on a set of new tires!
