BUDGETING FOR NEW TIRES
Tires don’t last forever. That means every car owner should expect to buy a new set at some point. Having a budget in mind can help ensure you’re prepared when that day comes. Generally, people replace their tires every four years unless they experience unexpected damage or premature, uneven tread wear. When considering the cost of new tires, it's also important to factor in installation costs, old-tire disposal fees, and additional warranties you might want to add. Keep an eye out for coupons and promotions to help offset the cost of new tires.
TIRE PRICE CONSIDERATIONS
Whether your tires are damaged, or they’ve simply run their course and the tire tread is worn down, there comes a day for every car owner when a new set of tires is necessary. Knowing what type of tires your car needs to fit your driving habits, road conditions, and vehicle type is a great starting point for creating a new-tire budget. Here’s what you should know about tire price, so you’re prepared for the impact on your bank account next time you need a new set of tires.
Tire Type
Tire prices vary. More budget-friendly options can range from $50 - $150 each. Mid-range tires can be $100 - $300 each, and high-end tires can be anywhere from $300 to $1,000 each. Tires at a higher price point can deliver better braking and handling capabilities thanks to meticulous tread pattern design and advanced engineering. They will also be made from more robust and well-tested rubber compounds formulated to last longer.
Typical touring tires are usually the most affordable, with performance and seasonal tires (like winter tires) being more expensive.
Vehicle Requirements
Standard cars, CUVs and small SUVs can accommodate many of the same type and size tires. If you drive a heavy truck or off-road vehicle, all-terrain tires are recommended. If you have an electric vehicle, tires specifically designed for the EVs, such as the Bridgestone Turanza EV tire are built specifically to accommodate the increased weight of an EV. Performance tires like the Bridgestone Potenza line for sports cars are usually priced higher as they are engineered to provide maximum handling and precision steering.
DRIVING CONDITIONS
If you live and drive in an area with a moderate climate that doesn’t get severe winter weather, an all-season tire might work for you. Anyone who lives in an area with unpredictable winters needs to consider switching to winter tires for up to 6 months of the year. Having two sets of tires may be more expensive up front, but it’s worth the cost for the extra safety and control behind the wheel.
Of course, if you have two sets of tires, both will need to be replaced at some point. Since they are both only used half of the year, they may last longer than four years.
TIRE WARRANTY
Most tire brands come with a standard limited warranty that varies based on the tire. Most warranties have strict requirements to approve a claim such as proof the tires were rotated frequently. That’s just one reason why it’s so important to keep up with recommended tire and vehicle maintenance. You would also only recover a prorated portion of the tire cost if your warranty claim was approved. Make sure you fully understand the included tire warranties and any added warranties you opt-in to before you purchase a set of tires.
TIRE DECISION GUIDE
Buying new tires is an investment in your vehicle. Use our tire decision guide to narrow down your options and find a set of tires that fit your vehicle—and your budget.