Ever wondered why tyres seem to cost more every year? From the rising price of rubber to the advanced technology behind modern designs, there’s more to it than meets the eye. In this guide, we break down what makes tyres expensive and share practical tips to make them last longer and save you money.
As tyres become longer lasting, more reliable, and more comfortable to drive on, so we are seeing the cost of them increase.
But what exactly is it that makes tyres so expensive?
Factors That Affect the Price of Tyres
Tyres need to be carefully constructed so that they are not just comfortable to drive on but are also safe and can withstand the test of continued and constant use.
With most tyres needing to be replaced every 20,000 miles or so, it’s safe to assume that modern tyres are incredibly durable and made using high strength materials.
But when it comes to understanding what impacts the price – and what separates premium tyres from cheaper and more budget-friendly brands and ranges – you need to look beyond the simple design.
- Technological ingenuity. One of the biggest factors that impacts the price of tyres and is responsible for the increase in cost over the years, is the technology, innovation, and ingenuity behind design. Research, testing, and quality manufacturing standards all come at a cost, and this cost is rolled down into the price of tyres.
- Scarcity of materials. Rubber has to be grown and produced by plantations which are being affected by climate change, and so as the demand for this core material goes up so too does the cost of the tyres to buy. While recycling plants are looking to try and reduce the demand on new materials, the reality is that most tyres have to be manufactured using a finite pool of materials.
- Brand and Materials. If you’re wondering what makes some tyres more expensive than others, it usually comes down to the brand you’re looking at and the underlying features and attributes of the tyres. Some brands are more prolific and more expensive than others – it’s as simple as that!