How much does tire retreading cost?
The tread (the portion of the tire that meets the road) represents only a percentage of the new tire cost. This means that the cost of a retread tire is usually between 30 and 50 percent of the comparable new tire price. On average, retreads cost 30% to 50% less than new tires. A tire’s casing is the most expensive component to replace, whereas treads are relatively cheap in comparison. Retreading only removes the old tread, leaving the casing and belts intact.Retreads account for nearly one-half of all replacement tires in the North American truck tire market. They can be used on all Drive and Trailer positions as well as on steer positions in non-passenger transport vehicles.Typical tire business profit margins range from 15% to 35%, depending on overhead and upselling services.Why it’s profitable: costs 30–50% less than producing a new tire. High demand from truck, bus, and fleet operators looking to cut expenses. retreaded tires can often be retreaded multiple times, multiplying value.
How much do commercial truck tires cost?
Prices are variable and range from $250 to $600 depending on tire size, quality, and intended operation. Mid-range tires can be $100 – $300 each, and high-end tires can be anywhere from $300 to $1,000 each.Most vehicle owners find $600 falls comfortably within expected tire replacement costs. The typical range spans $460 to $1,280, placing your $600 budget in the lower-middle portion of this spectrum. For compact cars and small sedans, $600 represents mid-range to higher-end tire quality.The tires are rated for a maximum of six landing, but were typically replaced after every landing. Each tire cost $6000 USD.