Watch Stock Price of Raw Rubber (because it is linked directly to truck tires)
Many factors will affect the overall price of the tires and other related charges. But the stock market is good indicator of what future rates might be. If the stock market is strong that means prices will rise. So depending on the service center or manufacturer you use their prices might be affected as well.
Source: ngm.nationalgeographic.com
Remember one of the key components in tires is still rubber, though other materials are used. So just like any agriculture or natural product, their stock prices might reflect future price changes.
So if stocks predictions are calling for a drop in stock price, wait until the prices are matched. Now this might not always be realistic, but if you are buying bulk and/or have account with tire center this could save you money in the long run.
Use National Shops for Installation instead of small independent tire shops (big chains are cheaper compared to small shops)
For years people have asked this question… what kind of shop should I use for repairs, a dealership or an independent shop?
This is not that easy question for answering because there are benefits both ways. But, if it’s up to me then I will choose the dealership. I have no problem using the independent shops when necessary but you should always get recommendations first…
I’ve found dealers can be cheaper than independent shops. Their hourly rates might be higher, but they tally fewer hours.
Source: www.crossmidwest.com
Traditionally, dealerships’ hourly rates were higher than the independent shops because of overhead, cost of tools, and training. That trend is changing. Why?
Is this way because independents are realizing escalation of costs associated with the rapid technological changes taking place… the need for ongoing training and purchasing of new equipment and tools is another reason.
If you’ve got no specific knowledge of the shops around you, a dealer is probably the best bet. What matters most is who actually works on your vehicle and any shop with any size typically has a really broad range of skill/experience.
