How to Save Money When Buying Replacement Tires

On February 16, 2025 By newsroom Topic: Automotive

Tires are becoming increasingly expensive, with the median price rising from $167 in 2020 to $194 in 2022. However, savvy shoppers can still find ways to save without compromising on quality or safety.

Key Insights:

Reasons for Replacement:
- 55% shop when tires are worn.
- 18% replace due to problems like flats or tread separation.

Average Costs:
- Median price per tire: $194.
- Installation cost per tire: $27.

Top Priorities When Shopping:
- Handling (76%).
- Wet grip (74%).
- Treadwear durability (67%).
- Ride comfort (58%).

Tips to Save Money on Tires

1. Plan Ahead

Don’t wait until tires are worn or damaged.
Research and shop early to compare prices and find rebates or discounts.

2. Look for Rebates

Tire manufacturers often offer rebates on sets of four tires.
Check retailer and manufacturer websites regularly.

3. Negotiate the Price

Ask for price matching or discounts.
87% of surveyed buyers didn’t negotiate, but 64% of those who did saved an average of $100 on a set.

4. Utilize Free Perks

Many retailers offer free services such as:
Tire balancing (51%).
Tire rotation (49%).
Tire mounting (46%).
Old tire disposal (35%).

5. Consider Road-Hazard Protection

Covers damage before tires reach their expected lifespan.
Often included as a free perk or available for purchase (median cost: $51 for four tires).
Useful for high-cost tires or if you frequently experience flats.

Maximize Tire Longevity

Check Tire Pressure Regularly:
- Monthly checks prevent uneven wear.
- Be diligent in colder months as pressure drops with temperature.

Rotate Tires:
- Rotate every 5,000–7,500 miles.
- Helps even out wear and extend tire life.

Follow Maintenance Schedules:
- 33% rotate every 5,000 miles.
- 20% rotate with each oil change.
- 13% follow their owner’s manual.
- Avoid being part of the 9% who never rotate tires!

Where to Shop

Compare prices at reputable retailers.
Michelin tires are popular among surveyed buyers for their quality and durability, despite higher prices.

Bottom Line

To save money:

Research and shop early.
Prioritize safety features like wet grip and treadwear.
Look for discounts and negotiate prices.
Maintain your tires for longer life and better value.

Smart shopping can help you balance cost, safety, and performance for your next set of tires!